Owxi Keynes Economic Theories Re-emerge in Government Intervention Policies
The Senate passed a bill to
stanley cup extend existing tax cuts at all income levels by a wide margin Wednesday, sending the $858 billion measure on to the House and the likelihood of a new round of debate.The bill was approved in a 81-19 vote. President Obama brokered a compromise with the GOP to extend the package of tax cuts schedule to expire Jan. 1. The deal also cuts Social Security payroll taxes by 2 percent for one year, and sets a top rate of 35 percent on a new estate tax.The bill has elicited sharp criticism among many Democrats who had long pledged to discontinue tax cuts for high-income individuals.I know there are different aspects of this plan to which members of Congress on both sides of the aisle object. That the nature of compromise, the president said. But we worked to negotiate an agreement that a win for middle-class families and a win for our economy, and we can ;t afford to let it fall victim to either delay or defeat.House Democratic leaders said they expect to vote on the bill Thursday. The measure may face more resistance in the House, but it is still widely expect
stanley cup ed to pass.The Morning Line has more on the political climate surrounding t
stanley cup he bill. And Paul Solman recently took a closer look at an interactive tax cut graphic that helps explain what the measure means for individuals.Last week, the NewsHour asked economic experts Paul Krugman and Stephen Moore to debate the pros and cons of the deal:On Wedne Qive Steve Bannon s bid to delay his prison sentence turned down by Supreme Court
He said in the speech delivered from Jackson Square in the heart of the French Quarter in New Orleans,聽[W]e will stay as long as it takes, to help citizens rebuild their communities and their lives.And all who question the future of the Crescent City need to know: There is no way to imagine America without New Orleans, and this great city will rise again.President Bush unveiled a massive rebuilding program for New Orleans and other parts of Louisiana, Mississippi and Alabama that he is calling one of the largest reconstruction efforts the world has ever seen.Federal funds will cover the great majority of the costs of repairing public infrastructure in the disaster zone, from roads and bridges to schools and water systems, he said. Our goal is to get the work done quickly. And taxpayers expect this work to be done honestly an
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stanley cup 12; so we will have a team of inspector generals reviewing all expenditures.He said the federal government is providing immediate assistance to those displaced by the hurricane, and that they could expect even more financial support in the
mizuno future. At least 800 people died from the Aug. 29 storm, mostly in Louisiana and Mississippi, and more than 1 million people have been displaced.The government is sending extra doctors and nurses to storm-ravaged areas and providing temporary housing for personnel servicing and rebuilding the region, he said.As for tackling longer-term pro
