Americans Deeply Divided Over Tax-Cut Extensions

While most people support extending at least some of the George W. Bush-era tax cuts due to expire this year, a new Gallup/USA Today survey finds that Americans are deeply divided on which cuts should continue — and for how lo…

Republicans to Bernanke: QE2 Is a Bad Idea

Republican members of Congress on Wednesday sent a letter to Federal Reserve Chairman Ben Bernanke criticizing QE2, the qualitative-easing program to buy $600 billion in bonds in an effort to spur the U.S. economy.
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Equal Pay: A Battle Is Brewing in the Senate

Already passed in the House, the Paycheck Fairness Act would make it easier for women to file pay-discrimination class actions against employers, and it removes caps on punitive damages under the Equal Pay Act. It doesn’t solv…

Senate Will Not Vote on Extending Bush Tax Cuts Before Election

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The Senate will not vote on extending any of the Bush-era tax cuts until after the November election.

“Democrats believe we must permanently extend tax cuts for the middle-class before they expire at the end of the year, and we will,” Jim Manley, a spokesman for Senate Majority Leader Harry Reid said in an e-mail, Reuters reported.

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“Unfortunately, to this point we have received no…

Continue reading Senate Will Not Vote on Extending Bush Tax Cuts Before Election

Senate Will Not Vote on Extending Bush Tax Cuts Before Election originally appeared on DailyFinance on Fri, 24 Sep 2010 06:28:00.

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U.S. Passes Small-Business Bill Pushed by Obama

The federal government today passed a bill designed to spur small-business lending by providing financial incentives to banks that make loans to smaller companies, marking a victory for President Barack Obama and his attempt to…