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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Sep 20, 2012
Page
3
The Supreme Court lets Texas use a court drawn congressional map for the November election after rejecting a bid by Latino groups to block it. The map, meant only for this year's vote, has faced challenges alleging minority discrimination and mirrors flaws found by federal judges.
Washington analysts say nearly six million Americans mainly in the middle class will face a tax penalty for not carrying health coverage under the Obama health care overhaul. The CBO projects fewer than 200k income thresholds will benefit. about $1,200 average penalty in 2016, with most earners at or below five times the federal poverty level. The rule begins 2014, penalties collected by the IRS, with subsidies to aid eligible households.
Obama holds 47 percent to 46 percent among likely voters as the race tightens. Among all adults Obama leads 52 to 37 percent, though the gap narrows for likely voters. Romney faces distractions after his remarks on 47 percent taxpayers as campaigns race to energize base and GOTV.
Sales of previously occupied homes rose 7.8 percent to 4.82 million annualized, the highest since May 2010, while builders started 2.3 percent more homes and apartments to an annual 750,000. Confidence among builders reached a six year high, but credit standards and higher down payments limit first time buyers to 31 percent of purchases.
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