Tag Archives: Barack Obama

Boehner makes tax rates concession as House of Representatives nears fiscal cliff deadline

In what could be a landmark decision, the U.S. House of Representatives made a major tax concession this week in proposing to increase tax rates on millionaires. House Speaker John Boehner made the proposal, which would increase taxes on Americans … Continue reading

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Election 2012: What will an Obama second term mean for the small business owner?

Now that election 2012 is over, pundits have begun speculating as to what an Obama second term will mean for the small business owner. Many worry about the impending fiscal cliff, which was set in motion last year when the … Continue reading

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Big question for Election Day 2012 campaign: Are you better off?

As this year’s campaign grinds closer to Election Day 2012, the question on everyone’s mind is, “Are you better off now than you were four years ago?” The query is reminiscent of election year 1980 when Republican candidate Ronald Reagan … Continue reading

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July jobs report sends mixed signals for economic recovery: Jobless recovery due to loss of permanent jobs

The July 2012 jobs report showed an increase in the number of jobs added to the economy. While this is good news, it is still unclear whether the addition of 163,000 jobs in July is an indicator of firm economic … Continue reading

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Student debt crisis: Total student loan debt burden tops $1 trillion

On Friday, April 27, 2012, the GOP-led House of Representatives voted to extend federal student loan interest rates for another year. But, the elephant in the room was when student debt hit the $1 trillion mark, placing total student debt … Continue reading

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Obama corporate tax reform: Is industry on board with the president’s plan?

The Treasury department announced details of the Obama administration’s corporate tax reform plan on Wednesday, February 22. The plan calls for lowering the corporate tax rate from 35 to 28 percent and reducing the effective tax rate for manufacturers to … Continue reading

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Obama federal budget proposal center stage as election year battle continues

On February 13, 2012, President Obama released his federal budget proposal for fiscal year 2013, which begins on October 1, 2012. Key provisions in the budget reflect the President’s policies that are center stage this election year.

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Obama to focus on job creation in face of stalled job growth

During a Labor Day speech to union members in Detroit, Michigan, President Obama challenged Republicans to cease partisan bickering and work together to stimulate job growth. The President will address a joint session of Congress next Thursday when he is … Continue reading

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