Posts Tagged ‘Republicans’
GOP Says Same-sex amendment could harm immigration bill
Republican lawmakers say an immigration reform bill won’t pass if Democrats add an amendment allowing gay Americans to sponsor green cards. The bipartisan immigration bill would make legal immigration easier for highly skilled immigrants, migrant farm workers and those living in the United States illegally.
What isn’t in the legislation is a provision allowing foreign-born, same-sex partners of U.S. citizens to become permanent residents through application for a green card, The New York Times reported Tuesday.
But gay advocates weren’t too pleased that the Gang of 8, didn’t add this provision. So Democrats are considering adding an amendment allowing gay Americans to sponsor green cards.
Republicans Vow to Keep Tax Rates low on Investment Income
Republicans have pledged to keep a lid on the tax rates for investment income and maintain a prized tax break for charitable donations, as part of their party’s election platform set to be voted on in Tampa, Florida, this week. The platform backs a 15% tax rate on capital gains and dividends and calls for eliminating these taxes for lower and middle-income taxpayers, in line with the stance taken by Republican presidential candidate Romney.
Comparison of House GOP, Democratic tax cuts
Both Republicans and Democrats have their own ideas on which tax cut bill they would like passed. The Senate is now debating the two bills, so let’s go over how each bill differs.
Obama, GOP still fighting over taxes
President Barack Obama on Saturday once again, blamed Republicans for a stalemate that could increase taxes on Americans next year while a leading Senate Republican cast Obama and his Democratic Party as obstructionists who want to place the tax burden on businesses during an economic slowdown.
Debt ceiling fight cost U.S. Treasury $1.3 billion
The fight between both parties over raising the debt ceiling last year pushed up the U.S. Treasury’s borrowing costs by $1.3 billion, congressional auditors said on Monday, giving Democrats ammunition to paint Republicans as fiscally irresponsible. The delays created uncertainty in the Treasury market and led to higher borrowing costs, according to a report from the Government Accountability Office.
