Sunday, January 6, 2013
Are you expecting to see more or less in your paycheck this year? Do you think Congress blew it? Should there have been more spending cuts?
I don't know about you, but I'm not one of those folks worrying about the "tax increase for the rich" that was conceived in the fiscal cliff deal lawmakers finally approved on Day 2 of the new year. I'm not making $400,000 a year. Combined, my wife and I are nowhere near $450,000 a year. So, no worries. But for all the talk about "protecting the middle class," I'm apparently about to see a change in my take-home pay, thanks to the Jan. 2 deal that averted large across-the-board spending cuts and automatic reversal of some tax cuts. "Technically, income tax rates that were set to go up were actually left alone, except for individuals and couples earning more than $400,000 and $450,000 respectively," according to this Yahoo! Finance article …
Wednesday, January 2, 2013
The U.S. House went along with a Senate plan Tuesday to address expiring Bush-era tax cuts while delaying spending cuts.
The U.S. House of Representatives voted late Tuesday night 257-167 to endorse a Senate vote early Tuesday morning on a bill to avert the so-called "Fiscal Cliff", as tax cuts passed when George W. Bush was President expired January 1, in addition to automatic spending cuts which were delayed. A complete list of the yeas and nays can be found on the website for the House of Representatives. Of those who represent the greater St. Louis region, Democrats William Lacy Clay and Russ Carnahan, along with Republicans Blaine Luetkemeyer and Jo Ann Emerson voted yes, while Todd Akin voted no. Kansas City area Congressman Sam Graves was one of six House members who did not vote. The Senate legislation passed early Tuesday 89-8. U.S. Senator Roy …
Wednesday, December 12, 2012
Patch is speaking with the former U.S. Ambassador-turned-U.S. Representative-Elect Thursday afternoon.
In a few weeks, Ann Wagner will be sworn in as the next U.S. Representative for Missouri's 2nd district, following her November victory over Democrat Glenn Koenen. Before she goes to Washington, D.C., she's sitting down with Patch Thursday afternoon. We have a good idea of where to start with questions, but we'd like your input. What would you like to know about what she's been doing since election day, or what her plans are once she's seated? What does she think about the looming "Fiscal Cliff" and other matters. Give us your questions in the comment section and we'll try to get them answered.
The Missourian
4:50 pm on Monday, January 7, 2013
KCF: "From '95 to '08 (14 years) the Dems were in control of both houses of Congress a total of 2 years: '07-'08 - the last two years of Bush's presidency. Since 1995, there have only been 4 years total of Democratic House majorities in 18 years." more ›