Tax bills for rich families near 30-year high
The Tax Policy Center projects 2013 will see top 20 percent families paying 27.2 percent of income in federal taxes and the top 1 percent paying 35.5 percent. Low income groups may have negative tax rates due to credits. Obama and Senate Democrats push higher taxes on the wealthy amid stalled legislation and automatic spending cuts. Republicans oppose tax increases while calling for deficit reduction with spending cuts.
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Barack Obama
Congress
Congressional Budget Office
Tax Policy Center
Roberton Williams
The
Senate
Obama
Mitch McConnell
Kentucky
White House
Gene Sperling
SpaceX Dragon delivers supplies to ISS after delay
Capsule arrives at the International Space Station over Ukraine despite a Friday failure in a pressure line valve. NASA relieves as Dragon docks with all systems nominal and astronauts use a robotic arm to secure the unmanned vessel.
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Cape Canaveral
Fla
International Space Station
NASA
Spacex Company
Ukraine
Spacex
Nuclear cost concerns spark doubts on nuclear rise
In Georgia and Florida leaders question a nuclear comeback as construction costs for Plant Vogtle rise to 6.85 billion. A Georgia lawmaker proposes cutting Georgia Power profits if the project overruns, backed by tea party and conservative groups. debate centers on incentives and regulated profits.
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Atlanta
Georgia
Florida
Southern Co
Vogtle
Georgia Power
General Assembly
GOP
Jeff Chapman
Karla Drenner
Chapman
Debbie Dooley
Kerry signals U S aid to Egypt but conditions apply
U S Secretary of State John Kerry announced 250 million dollars in aid to Egypt while warning future funding hinges on President Morsi’s commitment to reform. He outlined steps tied to IMF loan progress and a new 60 million dollar fund for democratic change, with potential growth to 300 million.
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Cairo
U.S
John Kerry
Egypt
Mohammed Morsi
Kerry
Obama
Morsi
Hosni Mubarak
International Monetary Fund
Barack Obama
United States
IMF
Congress
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