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Obama Offers to Cut Corporate Tax Rate to 28%
Written on 22 Feb, 2012 at 8:48 in Finance, Latest | viewed times and users have made 0 comments so far
WASHINGTON — President Obama will ask Congress to scrub the corporate tax code of dozens of loopholes and subsidies to reduce the top rate to 28 percent, down from 35 percent, while giving preferences to manufacturers that would set their... (Continue reading)
Domestic production eyed as gas prices head toward record-breaking height
Written on 20 Feb, 2012 at 8:33 in Latest, Politics | viewed times and users have made 0 comments so far
President Obama’s re-elect team defended White House energy policy on Sunday as gas prices shoot toward the $4 mark and beyond, a level that could devastate voters’ pocketbooks as well as Obama’s chances for a second term. Nationally, gas prices... (Continue reading)
Proposed Obama budget includes surge in tax hikes
Written on 15 Feb, 2012 at 5:01 in Latest, Politics | viewed times and users have made 0 comments so far
President Obama’s proposed 2013 budget contains a decade-long surge of tax hikes that, if approved, would affect everything from income to investment to inheritance. The budget blueprint contains roughly $2 trillion in new taxes and fees. When other tax cuts... (Continue reading)
US working around United Nations to organize ‘friends of Syria’ meeting
Written on 10 Feb, 2012 at 5:43 in Latest, Politics | viewed times and users have made 0 comments so far
The Obama administration is working to help organize a so-called “friends of Syria” meeting as part of what the State Department says is a push to work “outside the U.N. system,” after the Security Council shot down a resolution against... (Continue reading)
Some Democrats break from Obama on new contraception policy, as GOP vows to reverse it
Written on 9 Feb, 2012 at 10:01 in Latest, Politics | viewed times and users have made 0 comments so far
Some members of President Obama’s own party are voicing opposition to his administration’s controversial rule that religious schools and hospitals must provide contraceptive coverage for their employees. As Democratic women lawmakers put up a united front in defending the administration, other... (Continue reading)
Anti-abortion groups cite alleged cancer-abortion link to explain Komen’s split with Planned Parenthood
Written on 3 Feb, 2012 at 8:26 in Latest, Politics | viewed times and users have made 0 comments so far
As the Susan G. Komen for the Cure foundation faces accusations that it split with Planned Parenthood over political pressure, at least a couple pro-life groups are claiming the organization may have acted out of concern over an alleged link... (Continue reading)
Romney wins Florida primary prize, Gingrich pledges drawn-out battle
Written on 1 Feb, 2012 at 4:53 in Latest, Politics | viewed times and users have made 0 comments so far
Mitt Romney crushed Newt Gingrich in the Florida Republican presidential primary Tuesday night, surging from a second-place finish in South Carolina to sweep the winner-take-all contest and reassert his front-runner status. The victory, in the biggest GOP contest to date,... (Continue reading)
Tea party v. establishment in 2012 race: A battle for the GOP soul?
Written on 30 Jan, 2012 at 4:35 in Latest, Politics | viewed times and users have made 0 comments so far
Tea Party or establishment. That’s the name of the game in the battle for the Republican presidential primary nomination. But sometimes it’s hard to determine who’s who. Frontrunner Mitt Romney has never worked in Washington but has accumulated dozens of... (Continue reading)
White House delay of budget proposal infuriates Republicans
Written on 24 Jan, 2012 at 3:38 in Latest, Politics | viewed times and users have made 0 comments so far
The White House is delaying for one week the release of President Obama’s budget for the 2013 fiscal year that starts Oct. 1, a decision that administration officials say was based on “the need to finalize decisions and technical details”... (Continue reading)
US aircraft carrier sails through Strait of Hormuz
Written on 23 Jan, 2012 at 6:28 in Latest, World | viewed times and users have made 0 comments so far
WASHINGTON – The USS Abraham Lincoln on Sunday passed through the Strait of Hormuz — the first time a US aircraft carrier has been through the strategic waterway since Iran threatened to close it earlier this month. The US Navy... (Continue reading)