Senator Ted Cruz of Texas, who hasn’t shied away from angering the more traditional wing of his Republican Party, drew another rebuke from a political veteran: Bob Dole, a former Senate leader and presidential contender.
New Jersey Governor Chris Christie challenged his fellow Republicans to put forward more policy positions to solve the nation’s ills as he courted a constituency crucial to a potential presidential bid.
President Barack Obama’s $3.9 trillion budget proposal would benefit low-income families, college students, researchers and highway users, setting the tone for Democratic priorities in an election year.
At least 92 U.S. anti-poverty programs that cost a combined $799 billion in the 2012 fiscal year form a “complex web” that often contributes to keeping people poor, according to a report from the House Budget Committee.
U.S. President Barack Obama’s budget will propose tax cuts for low-income families, a retirement savings plan and ask Congress to make permanent certain tax breaks to offset the cost of higher education.
Representative Kevin Brady of Texas, chairman of the Joint Economic Committee, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that a Republican plan to revise the U.S. tax code will benefit large banks by helping them stanch job losses within the industry.