fiscal cliff

News

Bonner Says President Obama Using Fiscal Cliff for a Raw Power Grab

By Brandon Moseley Alabama Political Reporter U.S. Representative Jo Bonner (R) from Mobile said that “House Republicans support keeping the current tax rates in place to protect fragile small business job growth” Rep. Bonner said, “The president is really at odds with himself, not Capitol Hill. For a month now Americans have been told by … Continued

Brandon Moseley

December 10, 2012

Sessions Says President’s Plan’ Would Increase Spending by Over $One Trillion and Would Increase the Debt by $9 Trillion

By Brandon Moseley Alabama Political Reporter U.S. Sen. Jeff Sessions (R) from Alabama says that President Barack H. Obama’s proposed budget would increase federal spending every year and would increase both taxes and the national debt. Sen. Sessions said, “Secretary Geithner’s comments yesterday on FOX News Sunday affirm that the President’s campaign pledge—that he has … Continued

Brandon Moseley

December 5, 2012

Roby and Bonner Warn of Harmful Affects to Alabama From Fiscal Cliff and Sequestration

By Brandon Moseley Alabama Political Reporter U.S. Representative Martha Roby (R) from Montgomery went to Facebook to criticize President Barack Obama’s position on the fiscal cliff and sequestration cuts which will take effect on January 1 if the Congress is not able to come to agreement with the White House on U.S. fiscal policy. Meanwhile … Continued

Brandon Moseley

December 4, 2012

Fiscal Cliff Will Affect Most Americans Not Just Wealthy

By Brandon Moseley Alabama Political Reporter If the President and the Congress choose to take the nation over the fiscal cliff, tax rates will rise to levels not seen since 2000 AD…..and in some cases will actually be higher for some Americans. In 2013, the six income tax brackets of 2012 will be replaced with five tax … Continued

Brandon Moseley

November 30, 2012

Eurozone Debt Crisis Worsens: Europe Falls Back into Recession

By Brandon Moseley Alabama Political Reporter Europe has dropped back into recession. In the third quarter economic output in Europe fell by .1%. This followed a .2% drop in the second quarter for the $12 trillion European economy. Germany posted a .2% growth number but some experts expect that the larger economic crisis will also … Continued

Brandon Moseley

November 19, 2012

Stocks Fall After Election as Nation Approaches Fiscal Cliff

By Brandon Moseley Alabama Political Reporter President Barack H. Obama reaffirmed his stance that the nation needs to raise taxes to deal with the approaching fiscal cliff and sequestration crisis in a rare White House press conference. This time the President doubled the amount of tax increases he was asking for to $1.6 trillion over … Continued

Brandon Moseley

November 15, 2012

Congressman Mike Rogers Addresses St. Clair County Republicans

By Brandon Moseley Alabama Political Reporter Congressman Mike Rogers (R) from Saks spoke with members of the St. Clair County Republican Party about the election and the approaching fiscal cliff. Rep. Rogers told the assembled members of the St. Clair Republican party and said, “It is great to visit with the county committee. I was … Continued

Brandon Moseley

October 19, 2012

Brooks On Fox News to Denounce Drastic Defense Cuts

By Brandon Moseley Alabama Political Reporter Representative Mo Brooks (R) from Huntsville appeared on the FOX News Live show DEFCON-3 with host and national security analyst KT McFarland to discuss sequestration. Congressman Brooks said, “You’re talking about America having the smallest Army since World War II, the smallest Navy since World War I, and the … Continued

Brandon Moseley

July 20, 2012