Congress backs tax hikes as Democrats push post Bush budget
Congress endorses higher taxes as Democrats advance a budget plan that would let all of Bush's tax cuts expire in 2010. Presidential candidates vote on the plan amid debate on pork-barrel bans and earmarked spending. Clinton and Obama oppose full extensions but back some targeted cuts. McCrery criticizes the path toward large tax increases.
MENTIONED IN THIS ARTICLE
Washington, D.C
Congress
Bush
Senate
House
Stein
Arizona
Hillary Rodham Clinton
New York
Barack Obama
Illinois
Clinton
Obama
Retail malaise as oil soars and dollar sinks
Washington reports plunging retail sales and a sliding dollar while oil hits a record high. The Bush administration proposes near term steps amid credit market turmoil as Fed rate cuts and a $ stimulus package loom. Analysts warn the downturn deepens with housing declines and rising energy costs.
MENTIONED IN THIS ARTICLE
Washington, D.C
Federal Reserve
Bush Administration
Fed
White House
Tony Fratto
Bush
New York
Fratto
Also Mentioned on This Page
Max and
Emains
OX. Republics
Hope
Jim McCrery
Louisiana
McCain
Martn Grat
Bernard Baumohl
Economic Outlook Group
Commerce Department
Consumers
Jiasonduf
Ampsa
Home & Garden
SC State Fairgrounds
Columb
Countrywide
Virginia Girardeau Smith
Countrywide Bank
FSB
Woodside Executive Ct
Aiken
Onlineaikenmortgages
Virginia_smith
Countrywide.com
FDIC
Bank
FSL
Madness Pall Stars
Ce Een Petr Ug
Cea
Aiken Mall
Whiskey Road
Furniture-Treasures
Wylds Road
Augusta
Augusta Mall