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Tag: fiscal cliff

revenues

Virginia government revenues up 10% in April

Gov. Terry McAuliffe announced today that general fund revenue collections increased 10.0 percent in April, with solid gains in individual withholding and nonwithholding as well as in the insurance premiums tax.


Chris Graham: The Tea Party and ‘consequences’

Prominent Tea Party types are issuing not-so-veiled threats to congressional Republicans who joined in the bipartisan vote that cut taxes for 99 percent of Americans, but also, distressingly to the Tea Party, raised taxes on wealthy taxpayers.


Crisis averted: House backs Senate plan, pulls country back from cliff

The House of Representatives voted 257-167 late Tuesday to approve a bipartisan compromise leaving in place tax cuts for individuals with incomes less than $400,000 and families with incomes less than $450,000 and delays automatic spending cuts for two months.


president obama

President Obama addresses ongoing fiscal cliff talks

I realize that the last thing you want to hear on New Year’s Eve is another speech from me. But I do need to talk about the progress that’s being made in Congress today.


president obama

President Obama: The time for action is now

Good afternoon, everybody.  For the past couple of months, I’ve been working with leaders of both parties to try and forge an agreement that would grow our economy and shrink the deficit – a balanced plan that would cut spending in a responsible way but also ask the wealthiest Americans to pay a little more, […]


Rev. Jennifer Butler and Gordon Whitman: The moral case for preserving the safety net

As cracks form among CEOs and Republican Members of Congress over their hardline anti-tax position in the fiscal showdown, religious leaders from across the ideological spectrum have been united in supporting new revenue over additional spending cuts. And they’re speaking for their people. A strong majority of religious Americans favor letting the Bush tax cuts for the richest two percent of Americans expire. Even reliably conservative groups, such as white evangelical Protestants, are evenly divided on the issue.


chamber of commerce

Chamber hosts legislative breakfast

The Greater Augusta Regional Chamber of Commerce will host its annual Winter Legislative Breakfast at The Legacy at North Augusta (1410-A North Augusta Street, Staunton) on Wednesday, Dec. 19, from 8-9:30 a.m.