Obama 2014 State of the Union promises review
President Obama labeled 2014 a Year of Action and notes he advanced several goals via executive action. He highlights successful smaller reforms, while big plans requiring Congress stalled in a partisan election year, including immigration relief via executive steps affecting over four million people.
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Obama tax plan proposes higher taxes on wealthy
The White House outlines to raise the top capital gains rate for couples earning over 500000 to 28 percent and end the inheritance tax break. It includes a financial firms fee and would fund a new $500 second earners tax credit, a higher minimum wage, and a MyRA retirement program, with Congress’ approval uncertain.
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Maryland man freed from Cuba to attend State of the Union speech
Maryland resident Alan Gross, freed from five years in Cuba, will sit near First Lady Michelle Obama for President Obama’s State of the Union address. The guest list includes astronaut Scott Kelly, CVS Health CEO, and eight people who wrote letters to Obama.
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