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Fiscal Cliff Notes
Fiscal Cliff Could Hit Civilian Pentagon Workers First
October 11, 2012 Unless Congress acts, the Defense Department faces some $55 billion in cuts after the first of the year. Salaries for uniformed personnel are the one major thing that's protected. Otherwise, it's about a 10 percent cut to everything from Pentagon civilian staff to the acquisition of new aircraft.
Fiscal Cliff Notes
For High Earners, Expiring Tax Cuts Would Hit Hard
October 1, 2012 About 80 percent of Americans will see their tax bills rise if the Bush-era tax cuts are allowed to expire at the end of this year. But those who will take the largest hit are those with the highest incomes.
It's All Politics
Payroll Tax Holiday May Not Survive Year's End
September 5, 2012 Since January 2011, the government has knocked 2 percentage points off the payroll tax, which funds Social Security. But even as the economy appears to still be in a rut, there's little appetite to extend the tax holiday and its $95 billion price tag.
It's All Politics
Twitter And The New Mom: Keeping Up With Politics, 140 Characters At A Time
August 17, 2012 There aren't a lot of things you can do with one hand while feeding a newborn and desperately trying to stay awake. Catching up on the world via Twitter happens to be one of them.
It's All Politics
Obama Would Pay More — Romney, A Lot More — If Bush-Era Tax Cuts End
July 27, 2012 About 80 percent of Americans would see their taxes go up if all the tax cuts signed into law by President George W. Bush were to expire as scheduled at the end of this year. And nearly 100 percent of the highest income earners would have to pay more — including both the Obamas and the Romneys.
It's All Politics
New Questions About Timing Of Romney's Bain Departure
July 20, 2012 The Boston Globe is reporting new details about Mitt Romney's lingering ties to his private equity firm, Bain Capital, after he left Boston to run the Winter Olympics. The Globe cites interviews and public records in saying that Romney was "not merely an absentee owner" between 1999 and 2002.
Fiscal Cliff Notes
Bush Tax Cuts: The New Middle-Class Norm
July 10, 2012 Much of the political focus when discussing the Bush-era tax cuts is on the wealthy, but they're not the only ones who would be affected if the tax cuts are allowed to expire at the end of this year.
Politics
GOP To Make 31st Attempt To Repeal Obamacare Act
July 9, 2012 Over the past 18 months, the GOP-controlled House has taken 30 floor votes to try to repeal the health care law. The first attempt came on Jan. 19, 2011 just two weeks after the GOP took control of the House. On Monday, a House panel takes up another bill to repeal the law.
Economy
Defense Giant Says Budget Cuts Could Mean Pink Slips
June 27, 2012 With dramatic cutbacks in defense spending looming if Congress fails to reach a budget deal, defense systems manufacturer Lockheed Martin says it will be forced to send layoff warnings to more than 100,000 employees this fall.