Tuesday, February 26, 2013
Has the scary news about the impending federal sequester got you worried?
If it feels like we went through something like this just a month or so ago, you're right. That was when we were warned that the country was set to nosedive off the "Fiscal Cliff" back in December. As you'll recall, part of the Fiscal Cliff was a series of tax cuts dating from the Bush Administration era that were set to run out unless President Barack Obama and Congress came to terms before the expiration. You saw the results when the government took a bigger cut from your first paycheck in 2013. But now we're teetering on the verge of another federal precipice with the Sequestration. But what is it? What the Sequester Is Part of the resolution of the Fiscal Cliff was the American Taxpayer Relief Act. That extended some tax cuts and …
Tuesday, January 15, 2013
Aid was voted on in two packages, both of them passing the U.S. House of Representatives.
The U.S. House of Representatives voted to approve a Hurricane Sandy relief package totaling $50.7 billion Tuesday night, the culmination of a contentious day that included charges of overspending from House Republicans and demands from legislators in Sandy-affected areas for their Congressional peers to do the right thing. The aid was approved in two measures, the first in the form of a $17 billion package designed to provide immediate aid primarily to victims of Sandy in New York and New Jersey, and the second, overarching package, adding an additional $33.7 billion in aid and bringing the total to more than $50 billion. The purpose of splitting the aid package, presumably, was to give House Republicans the chance to vote for immediate …
Monday, November 21, 2011
The bipartisan super-committee announced today that they could not reach an agreement on how to cut 1.2 trillion dollars in government spending. What do you think?
After months of debate, the twelve members of the Joint Select Committee on Deficit Reduction, also known as the United States congressional “super-committee” has failed to reach a deal to cut 1.2 trillion dollars in spending. This means that automatic spending cuts will begin in 2013. A statement from the super-committee led by Representative Jeb Hensarling (R) of Texas and Senator Patty Murray (D) of Washington released this statement to the press announcing the failure to produce a bipartisan result: Despite our inability to bridge the committee's significant differences, we end this process united in our belief that the nation's fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. We remain …
Westfield123
4:06 pm on Wednesday, February 27, 2013
Obama came up with the idea of Sequestration now live with it. Why doesn't Obama and his wife try to conserve some of our money? Both of them try to come off like a regular brother or sister but meanwhile they like to live the high life at our expense. Trips to Aspen, Hawaii, MV and golf with Tiger Woods. Meanwhile, the majority of Westfielders put him in office. more ›