Nadeam Elshami News
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Setting the income threshold for ending the George W. Bush-era tax cuts at $1 million instead of $250,000 would raise $366 billion less over 10 years than the $829 billion envisioned under President Barack Obama’s proposal, according to a report released yesterday.
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House Democratic leader Nancy Pelosi was released from a Rome hospital after a brief stay and is resuming her schedule in Italy, her office confirmed today.
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House Republicans announced a governing agenda today that would cut federal spending , extend expiring tax cuts and repeal the Democrats’ health-care law.
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The two political parties are test- marketing their strategies for the presidential campaign and congressional races in a special election in Oregon.
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Former U.S. House Speaker Newt Gingrich rebuked House Minority Leader Nancy Pelosi for suggesting she would offer details of a 1990s ethics probe against him if he becomes the Republican presidential nominee.
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The Republican chairman of the U.S. House tax-writing committee questioned why Obama administration spending estimates for insurance subsidies under the health-care law rose by $111 billion from a year ago.
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House Speaker John Boehner said he’s confident that Republicans and Democrats in Congress will agree to a payroll tax-cut extension supported by President Barack Obama.
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The U.S. Senate approved legislation to cut taxes and ease credit for small businesses in a long-delayed victory for Democrats eager to show voters they are working to create jobs.
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The Republicans are poised to retake the U.S. House and narrow Democrats’ margin in the Senate, delivering a rebuke to President Barack Obama ’s party in a campaign shaped by voter anxiety over jobs and the economy.
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The U.S. House of Representatives should support a Senate amendment to the financial overhaul bill that limits “swipe” fees charged to retailers who accept debit cards, a group of lawmakers told Speaker Nancy Pelosi .
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