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Fiscal Cliff

Wednesday, January 2, 2013

Senator Brown Votes for Fiscal Cliff Deal

In his final days in office, Senator Scott Brown threw his support behind a new deal of fiscal cliff plan.

Calling the deal on the fiscal cliff "not perfect," outgoing US Senator Scott Brown (R-Wrentham) endorsed the plan in his final days in office. He says it ‘‘protects 99 percent of Americans from a massive tax increase," according to an Associated Press report. Brown had supported a no-tax pledge. The deal raises taxes on individual incomes over $400,000 and over $450,00 for household incomes and a portion of estates more than $5 million. The comprise allows Congress to have more time to work on government spending.

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DGM

10:17 am on Friday, January 4, 2013

Fairer and more balanced? That is a good thing? When you take from the rich so the poor can just take, take, take you create a society where achieving is not a goal. Why would anyone want to do anything to make alot of money if they know it will just be taken away? This has happened Before David. Go ask anyone from Austria in the 30's. That was a script we don't want to see repeated but yeah, …   more ›

Thursday, December 27, 2012

Fiscal Cliff Looms as Congress Gets Back to Work

President, Congress have just a few days to avert automatic tax increases and spending cuts. A number of Massachusetts Congressman suggest cutting nuclear programs instead.

Starbucks baristas are writing "come together" on all cups in the Washington, DC, area to encourage Congress and the President to come together to fix the fiscal cliff issue. For more information about this initiative, go to www.patch.com/fixthedebt.  Congress and President Obama are racing against the clock this week as they make one last attempt to hammer out a deal to avoid the so-called “fiscal cliff” the U.S. government is set to go over on New Year’s Day. Without a compromise deal to lower the deficit, the government will face a self-imposed deadline that triggers both spending cuts and higher taxes. Congress itself set the Jan. 1 deadline after failing to come to a budget compromise earlier this year. On Jan. 1, the George W. Bush-…

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