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China on 'fiscal cliff' deal: US kicking can towards 'fiscal abyss'
The last-minute US deal over tax increases has fixed one problem, but the world's largest economy must get to grips with a budget deficit that threatens not a "fiscal cliff" but a "fiscal abyss", China's Xinhua news agency said on Wednesday. #China #Barack Obama #NewsTracker #Tax cuts #US fiscal cliff
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Its a last minute save: 'Fiscal cliff' avoided, compromise reached
President Barack Obama and Congressional Republicans pulled a rabbit out of a hat and sealed a budget deal to avoid steep tax rises and spending cuts. #Economy #US #NewsTracker #Tax cuts #"Fiscal Cliff"
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US Senate leaders to make last-minute 'fiscal cliff' effort
US lawmakers pushed the country to the edge of the "fiscal cliff" on Sunday as they struggled to reach a last-minute deal that could protect the world's largest economy from a politically induced recession. #Barack Obama #NewsTracker #Tax cuts #"Fiscal Cliff"
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Radio New ZealandPetrol tax increases due to tax cuts - Labour
Labour says three petrol tax increases are needed only because the Government gave top income earners big tax cuts in 2010. Petrol will rise by three cents per litre on 1 July this year, next year and the year after. Finance spokesperson David Parker sai #
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Sunshine Coast DailyCoast families better off with abolished Carbon Tax: Brough
WITH one decision the Coalition has lifted a great burden from the shoulders of families, households, retirees, businesses and pensioners on the Sunshine Coast, according to LNP Candidate for Fisher Mal Brough. Mr Brough said the Coalition's decision to #
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Deseret NewsCBO: Obama budget cuts deficits $1.1T by 2023
WASHINGTON — President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress' nonpartisan budget analyst said Frida #Congressional Budget Office #Barack Obama #Washington, D.C.