Senate Republicans will likely block President Barack Obama’s plan to effectively increase taxes for the wealthiest U.S. citizens by allowing a tax cut enacted by George W. Bush’s administration to expire at year end.
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Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make c…
Recognizing that voters are worried about the economy, President Obama is offering an olive branch to his critics with a $50 billion infrastructure plan and a deal to make the R&D tax credit permanent. Conservatives say it’s to…