fiscal cliff

Congress Passes Fiscal Cliff Bill

By Brandon Moseley Alabama Political Reporter The Senate overwhelmingly passed a fiscal cliff deal 89 to 8 on Monday night that was crafted by Vice President Jo Biden (D) and Senate Majority Leader Mitch McConnell (R) from Kentucky. Alabama Senator Richard Shelby (R) voted “no” while Sen. Jeff Sessions voted for the measure. The U.S. House … Continued

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January 2, 2013

Brooks Speaks Out Against Tax Increases

By Brandon Moseley Alabama Political Reporter On Monday U.S. Representative Mo Brooks (R) from Huntsville spoke on the floor of the U.S. House against tax increases on the American people demanded by members of the Democratic Party and the then looming fiscal cliff. Rep. Brooks said, “By every economic measure, the Bush Tax Cuts were … Continued

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January 2, 2013

Opinion

Editorial: Fiscal Cliff Compromise

By Brandon Moseley Alabama Political Reporter A true compromise is an agreement that neither side can stand.  Compromises are often, ugly nasty agreements that both sides agree to with some measure of revulsion and disgust.  What I am proposing here is a compromise.  It is something I do not like.  If I were to write … Continued

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January 1, 2013

America is Poised to Go Over the Fiscal Cliff

By Brandon Moseley Alabama Political Reporter The Senate adjourned Sunday evening without voting to pass anything to address the fiscal cliff crisis which threatens to raise taxes on almost all American workers. Every tax bracket will pay more taxes in 2013 than they did in 2012 and many more Americans will pay income taxes.  A … Continued

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December 31, 2012

Aderholt and Bonner Say We are Near the Fiscal Cliff

By Brandon Moseley Alabama Political Reporter U.S. Representative Robert Aderholt (R) from Haleyville said in an email to constituents that a deal can still be reached on fiscal cliff and sequestration crises.  Rep. Jo Bonner (R) from Mobile said in his weekly column that the ball however is in President Obama’s court Rep. Aderholt said, … Continued

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December 26, 2012

Sequestration Cuts Will Impact Many Programs

By Brandon Moseley Alabama Political Reporter If Congress doesn’t pass a budget deal by the end of the year, an 8.2% across the board federal budget cut will impact numerous federal programs and defense will be hit much harder than that. According to a statement by the National Educator’s Association (NEA) if that happens, “You … Continued

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December 19, 2012

Federal Reserve Responds to Fiscal Cliff Uncertainty by Buying More Debt

By Brandon Moseley Alabama Political Reporter On Wednesday the Federal Reserve Open Market Committee met and in an 11 to 1 vote they decided that the economy needed much more vigorous action by the Federal Reserve. The Committee announced it, “Seeks to foster maximum employment and price stability. The Committee remains concerned that, without sufficient policy … Continued

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December 14, 2012

Economists Warn Congress of Dangers of Fiscal Cliff Tax Increases

By Brandon Moseley Alabama Political Reporter Over 180 economists, including several working for Alabama institutions of Higher Learning warn Congress of severe economic repercussions if the nation falls off of the fiscal cliff and tax rates are raised during this very weak economic recovery. Dr. Keith Malone with the University of North Alabama, Dr. Stephen … Continued

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December 13, 2012

Roby is Preparing to Work Through Christmas to Resolve Fiscal Cliff Crisis

By Brandon Moseley Alabama Political Reporter If the President and the Congress can not come into agreement on fiscal policy the nation will fall off the fiscal cliff on January 1. The fiscal cliff crisis will affect almost every American and has the potential to plunge the country back into Recession. U.S. Representative Martha Roby (R) from … Continued

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December 11, 2012