News
Politico | House GOP: No new tax bills
House Republicans are now trying to wield the term to their political advantage, intentionally postponing passage of any tax bills until the party decides whether to reform the Tax Code. That includes repealing the tax on medical devices touted by Majority Leader Eric Cantor (R-Va.) in a high-profile policy speech last week. In fact, the House hasn’t passed a single measure this Congress that either raises or cuts revenue.
Econ Comments & Analysis
Washington Times | Obama’s insatiable appetite for taxes
President Obama has a way to delay the across-the-board $85 billion sequestration scheduled for March 1. His not-so-surprising proposal is to raise taxes so he can spend more. Fortunately, the GOP is not going along with this tired, old plan.
