Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
03

The courage of Boehner and McConnell

By Walter ShapiroIf John Kennedy had not written “Profiles in Courage,” today we might have a more realistic understanding of political valor. But JFK’s 1957 Pulitzer Prize-winning book so raised the bar for bravery in public life that it now seems obvious that no modern figure can measure up. Who in the 21st century could possibly match Daniel Webster’s oratory as he heroically struggled to save...
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Jan
02

Despite deal, taxes will rise for most

WASHINGTON (AP) — While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.That's because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from expiring. In 2012, that 2-percentage-point cut in the payroll tax was worth about...
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Jan
01

Senate passes 'cliff' deal, House up next

With 2013 just over two hours old, the Senate voted 89-8 on Tuesday to approve a last-minute deal to avert income tax hikes on all but the richest Americans and stall painful spending cuts as part of a hard-fought compromise to avoid the economically toxic “fiscal cliff.”The country had already technically tumbled over the cliff by the time the gavel came down on the vote at 2:07 a.m.. The House of...
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Dec
31

Biden, McConnell 'jump-start' stalled talks

Vice President Joe Biden looks on as President Barack Obama announces the nomination of Senator John Kerry as Secretary …Merry Cliffmas Eve?Vice President Joe Biden and Republican Senate Minority Leader Mitch McConnell on Monday pursued behind-closed-doors efforts to avoid the “fiscal cliff” with just hours to halt painful automatic income tax hikes from biting into American paychecks.McConnell...
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Dec
30

Obama boasts support of American people in ‘fiscal cliff’ fight

As Congress races to pass legislation before the Jan. 1 "fiscal cliff" deadline, President Barack Obama in an interview which aired Sunday publicly touted the support of the American people for the plan he offered to Republicans."We have put forward not only a sensible deal, but one that has the support of the majority of the American people including close to half of Republicans," the president told...
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Dec
28

A make-or-break moment for 'fiscal cliff' negotiations

WASHINGTON (AP) — Amid partisan bluster, top members of Congress and President Barack Obama were holding out slim hopes for a limited fiscal deal before the new year. But even as congressional leaders prepared to convene at the White House, there were no signs that legislation palatable to both sides was taking shape.The Friday afternoon meeting among congressional leaders and the president — their...
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Dec
27

Senator Reid: U.S. is poised to go off 'fiscal cliff'

WASHINGTON, Dec 27 - Senate Majority Leader Harry Reid on Thursday warned that the United States looks to be headed over the "fiscal cliff" of tax hikes and spending cuts that will start next week if squabbling politicians do not reach a deal. Reid, the top Democrat in Congress, criticized Republicans for refusing to go along with any tax increases as part of a budget remedy as he sketched...
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Dec
26

As winter storm bears down on Midwest, death toll climbs

OKLAHOMA CITY (AP) -- A winter storm system that blew through Christmas Day with Gulf Coast tornadoes and snow in the nation's midsection headed for the Northeast on Wednesday, spreading blizzard conditions that slowed holiday travel. The death toll rose to six with car accidents on snow and sleet-slickened highways in Arkansas and Oklahoma. Post-Christmas travelers...
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Dec
25

U.S. gun support runs far deeper than politics

BRYAN, Texas (AP) — Adam Lanza's mother was among the tens of millions of U.S. gun owners. She legally had a .223-caliber Bushmaster rifle and a pair of handguns, which her 20-year-old son used to kill 20 children and six adults in 10 efficient minutes inside a Connecticut school.In the raw aftermath of the second-worst school shooting in U.S. history, countless gun enthusiasts much like Lanza's mother...
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Dec
24

Two firefighters shot and killed while responding to fire in western N.Y.

Residence near shooting and fire in Webster evacuated. (Max Schulte/Rochester Democrat&Chronicle via Twitter)Two firefighters were shot and killed and two others injured while responding to an early morning fire in Webster, N.Y.Webster Police Chief Gerald Pickering said shots were fired at West Webster firefighters when they arrived to battle the blaze along Lake Road in Webster, which is about...
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Dec
23

Anti-tax conservatives say no to tax-increase deal

BOSTON (AP) — In the city where a protest over tax policy sparked a revolution, modern day tea party activists are cheering the recent Republican revolt in Washington that embarrassed House Speaker John Boehner and pushed the country closer to a "fiscal cliff" that forces tax increases and massive spending cuts on virtually every American."I want conservatives to stay strong," says Christine Morabito,...
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Dec
22

Predicting who's at risk for violence isn't easy

CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.Still, a combination of risk factors in troubled kids or adults including...
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Dec
21

A somber moment for 26 victims of Sandy Hook school massacre

NEWTOWN, Conn. (AP) — The chiming of bells reverberated throughout Newtown on Friday, commemorating one week since the crackle of gunfire in a schoolhouse killed 20 children and six adults in a massacre that has shaken the community — and the nation — to its core.Gov. Dannel P. Malloy gathered with other officials in rain and wind on the steps of the Edmond Town Hall as the bell rang 26 times in memory...
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Dec
20

Daily funerals now routine in Newtown

NEWTOWN, Conn. (AP) — A season that should be a time of joy has been marked by heart-wrenching loss in Newtown, as more victims from the massacre of 20 children and six adults are laid to rest.At least nine funerals and wakes were held Wednesday for those who died when gunman Adam Lanza, armed with a military-style assault rifle, broke into Sandy Hook Elementary School Friday and opened fire. Lanza...
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Dec
19

Gun deaths set to outpace car fatalities

Twenty-seven wooden angels stand in a yard down the street from the Sandy Hook School in Newtown, Conn. (Spencer …Deaths from firearms are set to outstrip car fatalities for the first time, according to data from the Centers for Disease Control and reported by Bloomberg News.The CDC estimates that auto-related deaths--long on the decline as more motorists wear seat-belts and face harsher penalties...
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Dec
18

First of eight funerals begins at Newtown church

NEWTOWN, Conn. (AP) — Family members have gathered for the first of eight funerals for school shooting victims to be held at a Catholic church in Newtown, Conn.A motorcade of dozens of vehicles led by police motorcycles accompanied the family of 6-year-old James Mattioli to St. Rose of Lima on Tuesday. His funeral comes a day after two other 6-year-old boys were laid in the first of a long, almost...
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Dec
17

NRA member Sen. Manchin says Newtown shooting should open gun debate

West Virginia Democratic Sen. Joe Manchin, an "A" rated member of the NRA, on Monday questioned the availability of assault weapons and suggested Friday's shooting in Newtown, Conn. has opened up the issue for debate.Manchin said past debates about assault weapons have been shut down over a fear of destroying Second Amendment rights. But the senator said last Friday's shooting changed all that. "The...
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Dec
16

Portraits of Conn. victims show lives at their very start, ended in gunfire

Most died at the very start of their young lives, tiny victims taken in a way not fit for anyone regardless of age. Others found their life's work in sheltering little ones, teaching them, caring for them, treating them as their own. After the gunfire ended Friday at Sandy Hook Elementary School, the trail of loss was more than many could bear: 20 children and six adults at the school, the gunman's...
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