Tag Archives: fiscal cliff

“This is why the American people hate Congress.”

Late last night the House passed the fiscal cliff bill approved by the Senate on Sunday night. An agreement to stave off the harshest and most immediate consequences of the fiscal cliff won approval in the House late Tuesday. President Barack Obama said he would sign the law, the battle over which foreshadowed more fights with Congress over spending. Following …

While the rest of us celebrated the New Year, the Senate passed a “compromise” fiscal cliff bill at about 2AM this morning.  Eight Senators voted against the bill and three did not vote. The Senate approved a bipartisan agreement early Tuesday morning to let income taxes rise sharply for the first time in two decades, fulfilling President Obama’s promise to …

Click over to CSPAN and watch it live, if you can bear it.

“In most cities across the country, resources to help LGBT youth are already scarce, and every night, thousands of young people are left to sleep on the street and find their own way through the dark. Cuts in federal funding for the programs that already stretch every dollar to help these kids would make this bad situation even worse. To …

The wingnut Koch Brothers astroturf group Americans For Prosperity today launched a new “Merry Taxmas” website which slams top Republicans for “treason” over their dealings with the Obama administration regarding the fiscal cliff.  Soon to be former Sen. Jim DeMint tops the “nice” side of the site, which includes disparaging e-cards for followers to send to their traitorous reps. Infighting …

The New York Daily News reports that the approaching fiscal cliff has prompted a rash of slashed mansion prices in the Hamptons.  Some homes have been marked down to only $20 million! Hamptons homeowners have launched a selling spree, offering fire sale prices to get rid of their properties before higher capital gains tax rates are expected to kick in …