Wednesday, January 2, 2013
Bill clears Congress, heads off crisis with expiration of Bush, Obama tax cuts, plus new taxes.
Congressional action late Tuesday night ended months of the nation teetering on the edge of the so-called fiscal cliff, a significant tax increase set to begin Jan. 1 with the expiration of the Bush tax cuts and temporary tax cuts put through by President Barack Obama, as well as new taxes and automatic spending cuts. Many feared that had Congress failed to address the issue, the tax increases and automatic spending cuts would have pushed the nation once again headlong into recession. Politico reported that the bipartisan solution was approved in a 257-167 vote by the U.S. House. U.S. Rep. Randy Hultgren, R-14th District, was one of those voting against the measure. “The lack of spending cuts in this package is indefensible, which is why I…
Monday, October 1, 2012
Bush, Obama tax cuts set to expire on Jan. 1, as new taxes are set to begin. The bite s expected to affect 84 percent of Americans.
Three months from Monday, Oct. 1, the nation will see the largest tax increase in history unless federal lawmakers act first to extend existing tax rates, U.S. Rep. Randy Hultgren, R-14th District, said in a release Monday. The tax rates set to expire Jan. 1 are the Bush-era tax cuts, which would push taxes back to 2001 levels, and President Barack Obama’s temporary tax cuts — a 2 percent payroll tax holiday and the earned income credit. The combination of the expiration of those two sets of tax cuts and new tax increases set to begin on Jan. 1 has been dubbed by CBS as a “fiscal cliff.” The impact is expected to mean a tax increase for 84 percent of Americans, according to the CBS report, and CBS’ Moneywatch is advising taxpayers prepare …
Wednesday, August 15, 2012
Congressman forum in St. Charles on family health care and finance forum, then will head to Yorkville for a Congressional Town Hall meeting.
U.S. Rep. Randy Hultgren, R-14th District, will host a forum on family health care and finances Monday, Aug. 20, at Pheasant Run in St. Charles, his office announced Wednesday. Later Monday night, he plans to host a Congressional Town Hall in Yorkville. According to a release, the St. Charles event runs from 9 to 11 a.m. at Pheasant Run Resort, 4051 E. Main St., and will feature panelists on a variety of issues chosen via mail responses by constituents, including college savings, understanding your credit report and caring for elderly parents who are eligible for Medicare. Hultgren also will be present to discuss President Barack Obama’s health care law and its implications for families in the 14th District, which includes the Tri-Cities …
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Pheasant Run Resort
4051 E Main St, St Charles, IL
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Friday, February 24, 2012
The League of Women Voters of Central Kane County hosted candidates Thursday night.
Two Democrats vying for their party’s nomination in the 14th Congressional District addressed questions from interested residents Thursday night. The League of Women Voters of Central Kane County hosted the candidates in a forum at Batavia’s City Hall. Dennis Anderson of Gurnee and Jonathan Farnick of Woodstock will square off in the March 20 Illinois primary in the hope of challenging Republican incumbent Randy Hultgren for the 14th District. Both Democrats largely seemed to agree on many of the issues in the questions submitted from residents but did differ on how they view the divide between parties in Washington D.C. What should we do to reduce the federal deficit? Cutting military spending is one area the candidates both see as …
Lou Pierce
1:17 pm on Monday, January 7, 2013
Ken, I hope you're comfortable in your bubble. The line-item veto is an interesting issue, worthy of lengthy debate. However, beware of blindly believing right-wing shibboleths such as describing the various news media as being "mostly left leaning." It doesn't take much investigating to discover that the vast majority of the news media are concentrated in the hands of just a few right wingers or… more ›