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November 19, 2013
Momentum isn’t going in his favor, but that hasn’t stopped Sen. Max Baucus (D-MT), the chair of the Senate Finance Committee, from proposing a bunch of ideas for reforming the tax code. “Once we get the ball rolling, many are going to see, ‘Hey, maybe there’s something to this. Maybe there’s an opportunity there to help the country create jobs and therefore an opportunity for political benefit here,’ ” he said about his various proposals. “Because the goal here is to create jobs.”
20:55 // 8 months ago
December 4, 2012
We are not going to be able to come up with comprehensive tax reform package that gets it all done just in the next two weeks. We are not going to be able to come up with necessarily a comprehensive entitlement reform package that gets it all done in the next two weeks. When you look at what Ronald Reagan did back in 1986 working with Bill Bradley and others, that was a year-and-a-half process … Let’s essentially put a down payment on taxes. Let’s let taxes on upper-income folks go up.
President Obama • Demanding an end to top-end Bush tax cuts during his first post-election interview with Bloomberg News’ Julianna Goldman. While he may have signaled some willingness to compromise, the President told Goldman that Republicans needed to give more, and that the most recent “fiscal cliff” proposal from Speaker Boehner was “still out of balance.” source
14:31 // 1 year ago