SACRAMENTO, Calif. (AP) — The deal to avoid the so-called fiscal cliff in Washington will bring a reprieve to California’s slowly rebounding economy, but uncertainty remains in part because Congress delayed action on federal spending cuts.
(AP) – Here are some highlights of a bill Congress passed Tuesday aimed at averting wide tax increases and budget cuts scheduled to take effect with the new year.
A look at the plans proposed by House Speaker John Boehner and President Barack Obama, and how many households would be effected.
The White House says President Barack Obama will meet privately Thursday with his vanquished rival Mitt Romney, their first face-to-face encounter since the election.
WASHINGTON (AP) – As Washington gets back to work on avoiding the automatic spending cuts and tax hikes that would take effect in January, White House economists are warning that the uncertainty facing U.S. taxpayers […]
NEW YORK (AP) – Small business owners who are worried about the so-called fiscal cliff are concerned beyond their own finances – they’re also uneasy about higher taxes on consumers. That’s the finding of a […]
WASHINGTON (AP) – President Barack Obama says the economy cannot afford a tax increase on all Americans. He’s calling on congressional Republicans to support an extension of existing tax rates for households earning $250,000 or […]
WASHINGTON (AP) – House Speaker John Boehner is offering to pursue a deal with a victorious President Barack Obama that will include higher taxes “under the right conditions” to help reduce the nation’s staggering debt […]
RICHMOND, Calif. (AP) – Voters in two California cities have overwhelmingly rejected a penny-per-ounce tax on businesses that sell soft drinks and other sugar-sweetened beverages. With all precincts reporting, the San Francisco Bay area city […]
LOS ANGELES (AP) – Gov. Jerry Brown is warning college students to support his tax increase on the November ballot or face larger tuition bills in the future. The Democratic governor began a stretch push […]
RICHMOND, Calif. (AP) – A group backed by the beverage industry is spending millions of dollars to defeat a soda tax measure on the Nov. 6 ballot in the San Francisco Bay area city of […]
SACRAMENTO, Calif. (AP) – Opponents of Gov. Jerry Brown’s November tax initiative are making their case with a new television commercial hammering the governor’s claim that the billions of dollars it would raise will go […]