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New Bill Would Require Online Retailers To Collect State Sales Taxes

By Lisa Kellman A group of ten Senators proposed a bill Wednesday requiring online retailers to collect sales taxes in an effort to level the playing field for small businesses who are being out-priced by online competitors. The effort to pass the Marketplace Fairness Act is being led by Sens. Mike Enzi (R-Wyo.), Lamar Alexander […]

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Senate Democrats Fight For Veterans’ Employment

Senate Democrats Wednesday championed a bill to put veterans back to work, as the veteran unemployment rate reached 12.1 percent in October. “These men and women, who have served our country, literally put their lives on the line, endured many, many long periods of separation from their families in order to protect our country – […]

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Savings Panel Pitches Ideas To Super Committee

By Lisa Kellman A bipartisan panel of experts met Tuesday to do the job the congressional committee on deficit reduction can’t seem to manage. The panel proposed its own spending cuts and revenue generators that they believe would be the most effective way to reduce the nation’s deficit, and the most likely to pass in […]

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Interior Secretary Unveils New Program For More Offshore Drilling

Interior Secretary Ken Salazar announced Tuesday that up to 15 new leases will be sold for offshore oil and gas exploration and development in the next 5 years.  The Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017 will make 12 leases available in the Gulf of Mexico and three off the […]

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Holder Denies Guilt Over “Fast And Furious”

By Adrianna McGinley U.S. Attorney General Eric Holder today condemned federal officials for authorizing controversial “gun-walking” tactics under Operation Fast and Furious, but told lawmakers he is committed to investigating and holding accountable those responsible. “I think that I acted in a responsible way by ordering the Inspector General investigation,” Holder said to members of […]

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Senate Repeals 3 Percent Witholding Tax

UPDATE: In a 94-1 roll call, the Senate nearly unanimously agreed to consider legislation that would jolt the economy for both America’s businesses and its veterans.  The legislation will repeal a law requiring contractors to pay an immediate 3 percent in taxes when payments are recieved from federal, state and local governements.  Contrary to a […]

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Senate Dems: Overturning Cross-State Pollution Regulations Unfair

By Janie Amaya Senators Tom Carper (D-Del.) and Sheldon Whitehouse (D-R.I.)  fear that efforts to prevent EPA regulation of cross-state air pollution from taking effect may put their states at a significant disadvantage. A statement released by Sen. Carper’s office notes, “If this legislation is passed and signed into law, it would remove the Cross-State […]

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Senate Duo Accuses China Of Manufacturing Counterfeit Products

By Mike Hothi Sen. Carl Levin (D-Mich.), Chairman of the Senate Armed Services Committee, announced Monday that, following a Committee investigation, China is responsible for a large amount of counterfeit goods that are integrated into United States military equipment. The results of a Senate Armed Services Committee investigation into counterfeit electronic parts showed that over […]

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Paul Upset With Obama’s Executive Orders

Rep. Ron Paul (R-Texas) today criticized President Obama’s recent string of executive orders aimed at providing economic relief to certain sectors of the public. In a statement, the Republican presidential candidate accused Obama of ignoring the Constitution by issuing orders intended to lower loan payments for students and mortgage payments for homeowners, and help put […]

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Bipartisan Effort Underway To Oppose Employee-Sponsored Health-Benefit Taxes

Representatives  Joe Courtney (D-Conn.) and Tom Cole (R-Okla.) sent a bipartisan letter to the Super Committee on Friday urging its members not to incorporate new taxes on employer-sponsored health benefits in their effort to reduce the deficit. “Efforts to cap or to eliminate these tax exclusions would have far reaching consequences that would not only […]

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Report: Reid Endorses Chuck Schumer As Successor

Schumer is the upper chamber’s third ranking Democrat.

SF Mayor Bands Taxpayer-Funded Trips To Indiana

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“San Francisco taxpayers will not subsidize legally-sanctioned discrimination,” Mayor Ed Lee said.

Obama Applauds Reid Following Retirement Announcement

President Barack Obama talks alone with Senate Majority Leader Harry Reid in the Oval Office following Bipartisan meeting, Jan. 23, 2009. (Official White House Photo by Pete Souza)

“The Senate will not be the same without him,” Obama said.

White House Blasts Senate’s Budget Proposal

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Earnest said the Senate plan relies on “top-down economics and gimmicks.”

Progressive Group Floats Elizabeth Warren As Dems Next Leader

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“Elizabeth Warren is right up there with others as someone who would be taken very seriously,” PCCC said.

GDP Grew By 2.2 Percent In Final Quarter Of 2014

The rate is unchanged from the previous estimate released in February.