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Content Tagged As tax_cuts

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  • Governor candidates say tax break cuts would help budget

    October 8, 2015 7:43 AM

    BATON ROUGE- Three top contenders in the governor's race, meeting in an evening debate, said they'd scale back tax breaks to dig Louisiana out of its recurring budget troubles. Only Republican Jay Dardenne, the state's lieutenant governor, said he'd consider an income tax hike on residents - and he said... more »
  • The State of the Union & You check to see if lock exists for regeneration Play Video

    January 20, 2015 8:50 AM

    BATON ROUGE - President Obama is set to deliver his annual State of the Union address before Congress tonight. The main focus of the speech is expected to be economics. It comes just a week after a study revealed the cost of living in Baton Rouge is too high... more »
  • Labor heads say Obama backs them on 'fiscal cliff'

    November 13, 2012 12:47 PM

    WASHINGTON - Labor leaders say President Barack Obama remains committed to preserving tax cuts for middle class families and ensuring that the wealthiest Americans pay more in taxes. The leaders of labor unions met with Obama Tuesday to discuss ways of averting the so-called "fiscal cliff" and find consensus on... more »
  • Obama will ask Congress to act

    November 9, 2012 9:36 AM

    WASHINGTON - Will he stand tough, or offer a compromise? Democrats and Republicans are waiting to see what kind of tone President Barack Obama will set as he talks today about the approaching "fiscal cliff" and the need to work out a deal with Congress to avoid automatic tax... more »
  • Fitch Ratings warns Obama must get deficit deal

    November 7, 2012 10:54 AM

    WASHINGTON - Fitch Ratings says President Barack Obama must pivot off his re-election victory and quickly forge an agreement with Congress to prevent a series of tax increases and spending cuts that kick in next year. The credit rating agency issued a news release Wednesday - hours after Obama won... more »
  • Senate OKs Dem tax-cut bill in showdown with GOP

    July 25, 2012 4:18 PM

    WASHINGTON - The Senate has voted to approve a Democratic bill renewing tax cuts next year for all but the highest-earning Americans. The partisan 51-48 vote was a victory for Democrats and averted what would have been a campaign-season embarrassment for them and the White House. The bill closely follows... more »
  • White House non-committal on paying for tax cut

    November 29, 2011 3:46 PM

    WASHINGTON - The White House is refusing to say whether President Barack Obama would sign into law an extension of payroll tax cuts that is not paid for. Spokesman Jay Carney says Obama would prefer that lawmakers find a way to pay for the cuts and not add to... more »

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