Wednesday, January 2, 2013
The "fiscal cliff" deal reached Tuesday night will preserve some tax cuts and allow others to expire.
U.S. Rep. John Tierney joined a majority of the U.S. House of Representatives in passing the Senate's "fiscal cliff" deal Tuesday night, averting a potential calamity for many taxpayers and setting new tax rates for some. Tierney, D-Salem, represents the 5th Congressional District, which includes Danvers. He was reeelcted in November is a close and contentious election. Highlights of the agreement include: “President Obama and the Senate came to an agreement on a deal to prevent the country from going over the fiscal cliff," Tierney wrote in a statement Wednesday morning. "It was the only bill brought to the House floor for a vote and it is imperfect. However, this legislation is a first step and it will ensure that millions of middle-…
Friday, December 28, 2012
President, Congress have just a few days to avert automatic tax increases and spending cuts. A number of Massachusetts Congressman suggest cutting nuclear programs instead.
Starbucks baristas are writing "come together" on all cups in the Washington, DC, area to encourage Congress and the President to come together to fix the fiscal cliff issue. For more information about this initiative, go to www.patch.com/fixthedebt. Congress and President Obama are racing against the clock this week as they make one last attempt to hammer out a deal to avoid the so-called “fiscal cliff” the U.S. government is set to go over on New Year’s Day. Without a compromise deal to lower the deficit, the government will face a self-imposed deadline that triggers both spending cuts and higher taxes. Congress itself set the Jan. 1 deadline after failing to come to a budget compromise earlier this year. On Jan. 1, the George W. Bush-…
Saturday, December 1, 2012
Massachusetts Democrats in Congress want to avoid cuts in benefits as part of any deal, but proposals such as raising the eligibility age for Medicare are still on the table. What would you do?
As Congress negotiates a deal to avoid the so-called "fiscal cliff" on Jan. 1, Massachusetts' congressional representatives have voiced their opposition to any cuts in benefits such as Social Security, Medicare and Medicaid, the Boston Globe reports. However, there are proposals still on the table that would change those benefit programs, including linking Social Security benefits to a more conservative inflation index that would slightly reduce annual increases, or raising the eligibility age for Medicare from 65 to 67. The Globe reported that while the Bay State's legislators were united against changes to Social Security, there's some wiggle room on Medicare. Rep. Ed Markey opposes raising the Medicare eligibility age; Rep. Michael …
Sean Ward
11:09 am on Friday, January 4, 2013
This guy pushed my then pregnant wife out of his way once at a store that was having a sale on tvs or laptops or something. I was shocked when this guy got re-elected. more ›