Most Republicans want to extend all of the cuts, saying that any increase in taxes will hold back the economic recovery.
Obama and Democratic leaders are proposing to extend many of the cuts but say tax breaks for top earners should expire to help pare down growing national deficits. Click on an option to compare...
Source:
http://www.washingtonpost.com/wp-srv/special/business/comparing-the-tax-plans/?wpisrc=nl_natlalert
U.S. consumer confidence sank in July to its lowest since February on job market worries, underscoring the slow path to economic recovery, a report released Tuesday showed.
Source:
http://www.cnbc.com/id/38428786/Consumer_Confidence_Falls_Lowest_Since_February
Hoover the wild and crazy borrower?
FTA: "And the Hoover experience also provides a nice illustration of self-defeating austerity � not only didnt austerity produce economic recovery, it didnt even improve the fiscal position."
Source:
http://krugman.blogs.nytimes.com/2010/07/20/depression-debt/
