Boehner – Americans will vote with their pocketbook
House Speaker John Boehner says the country is at odds with Washington lawmakers on the economy and people will see the evidence in the November election. Boehner said that the American people will vote with their pocketbook. The election in November will all come down to Obama’s economic policies. They have failed, and are getting worse.
Romney – Stimulus was wasted
Republican presidential hopeful Mitt Romney said President Obama’s economic stimulus package to a Des Moines, Iowa, audience as a “waste” of borrowed money.
Romney spoke before 200 people, at the Hotel Des Moines Tuesday called the $787 billion economic stimulus package “the biggest, most careless one-time expenditure by the federal government in history.”
Court Vacancies, Obama, the GOP, and the Blame Game
There are dozens of seats on the federal bench that still haven’t been filled, and no one in Washington can agree on who is at fault. “The blame lies with the Republican Party,” Nan Aron, president of the Alliance for Justice, puts it simply. She’s convinced that GOP senators are stone-walling qualified nominees in hopes that a Republican will re-take the White House and be the one to fill the seats.
Boehner: Spending cuts must offset debt limit hike
On Tuesday House Speaker John Boehner said that when Congress raises the nation’s borrowing cap he will again insist on spending cuts and budget reforms to offset the increase. Boehner said he welcomes another wrenching debate on increasing the so-called debt limit because it forces a Congress and White House plagued by gridlock to make difficult decisions.
Watch Out for Dividend, Capital Gains Tax Increases
The beginning of next year, there’s a multitude of taxes are set to increase which may hurt the economy, says former New Hampshire GOP Sen. Judd Gregg. Gregg also says that 2 of the most important are dividend taxes and capital gains taxes. Those in the top bracket will soon have taxes on most stock dividends will soar to 43.4 percent from 15 percent currently, Gregg says.
