Tax cut

JFK_Taxcuts

JFK on Tax Cuts to Stimulate Economic and Job Growth – Video

The words of Democratic President John F. Kennedy fifty years ago on cutting taxes to stimulate economic and job growth  on NBCs Huntley-Brinkley Report   Is President Obama listening?  Would he listen? John F. Kennedy: Transcript of Broadcast on NBC’s “Huntley-Brinkley Report September 9, 1963 on Tax Cuts Mr. Brinkley: Mr. President, Harry Truman was out for his walk this morning and he said he did not think we should have […]

President Obama remarks on Extending Middle Class Tax Cuts – Nov. 28, 2012

President Obama remarks on Extending Middle Class Tax Cuts – Nov. 28, 2012

REMARKS BY THE PRESIDENT ON EXTENDING TAX CUTS FOR THE MIDDLE CLASS South Court Auditorium 12:01 P.M. EST THE PRESIDENT:  Thank you so much. Thank you, everybody.  Please have a seat.  Thank you very much. Everybody, please have a seat — except you guys.  Don’t sit down.  (Laughter.)   Well, good morning, everybody.   AUDIENCE:  Good morning.   THE PRESIDENT:  There’s been a lot of talk here in Washington about […]

WEEKLY ADDRESS: Extending the Payroll Tax Cut for the Middle Class

WEEKLY ADDRESS: Extending the Payroll Tax Cut for the Middle Class

WEEKLY ADDRESS: Extending the Payroll Tax Cut for the Middle Class   WASHINGTON, DC—In this week’s address, President Obama urged Congress to quickly pass the payroll tax cut extension to prevent a tax hike on 160 million hardworking Americans who are still recovering from the worst economic downturn since the Great Depression.  This is not the time for a self-inflicted wound on the recovery or placing an added burden on […]

Statement by President Obama on Full-Year Extension of Payroll Tax Relief  Deal

Statement by President Obama on Full-Year Extension of Payroll Tax Relief Deal

THE WHITE HOUSE December 22, 2011   Statement by the President  For the past several weeks, I’ve stated consistently that it was critical that Congress not go home without preventing a tax increase on 160 million working Americans.  Today, I congratulate members of Congress for ending the partisan stalemate by reaching an agreement that meets that test. Because of this agreement, every working American will keep his or her tax […]

CBO: Obama Jobs Bill will increase the budget deficit

CBO: Obama Jobs Bill will increase the budget deficit

This afternoon CBO released a cost estimate for S. 1549, the American Jobs Act of 2011, as introduced by Senator Majority Leader Harry Reid on September 13, 2011. That legislation corresponds to the plan put forth by President Obama. We also released a cost estimate for S. 1660, the American Jobs Act of 2011, as introduced by Senator Reid on October 5, 2011. Senator Reid’s alternative bill, S. 1660, includes […]