Sep 10, 2011 | Blog
Obama Jobs Initiative – On September 8, the President addressed a joint session of Congress to lay out his $447 billion plan intended to spur job growth. The outline would offer what Politico has called a “mix of tax cuts, state aid, jobs programs and construction...
Aug 11, 2011 | Blog
At the final stop of his economic bus tour in Alpha, Illinois, the President fielded a question on August 17 from a family farmer concerned about the potential return of a higher estate tax in 2013: Farmer: Thank you, Mr. President, for being here today in Henry...
Aug 10, 2011 | Blog
The House and Senate have passed and the President has signed the Budget Control Act, which will significantly alter the context in which deficit reduction, spending restraint and tax reform will be fought out during the 112th Congress. The House approved the bill by...
Jul 26, 2011 | Blog
While a bipartisan deal on the debt limit and deficit reduction remains elusive and Asian stock markets near their open, leaders of the House and Senate have begun to prepare legislation that may or may not be agreeable to the other chamber. On the House side, Speaker...
Jul 26, 2011 | Blog
With the world watching and the August 2 deadline approaching, the debt limit/deficit reduction debate headed into uncharted territory on July 25 with contrasting addresses to the nation by President Obama and House Speaker John Boehner (R-OH). The President blamed...
Jul 20, 2011 | Blog
As the August 2 debt limit deadline approaches, it looks increasingly unlikely that tax reform in general (and estate tax in particular) will be significantly affected. Of course, the situation remains very fluid. Developments are expected during the week of July 18...