Charles Rangel

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Pork Watchdog Taps Byrd
 Pork Watchdog Taps Byrd 
Apr 2, 2008 2:03 PM CDT

Pork Watchdog Taps Byrd

W.Va. rules the roost in earmarks as $2.8B in tasty meat comes under scrutiny

(Newser) - Fiscal responsibility and vegetarianism took a hit today with the release of the 2008 Oinkers, awarded by a Washington watchdog group for the "most egregious and blatant examples of pork." Sen. Robert Byrd landed the top award for earmarking $386 million for West Virginia, but Alaska was the...

Hillary to Sideline Attack Dog Bill
Hillary to Sideline Attack Dog Bill
Jan 28, 2008 12:09 PM CST

Hillary to Sideline Attack Dog Bill

Ex-prez may have done irreparable harm

(Newser) - As Hillary Clinton reels from her blowout defeat in South Carolina, Democrats worry that her husband's attacks on Barack Obama may have done irreparable harm to her candidacy—and her aides are preparing to push Bill toward the wings. Step 1 will be returning Bill Clinton to the sunnier presence...

House Passes Alternative Minimum Tax Bill

But bill is unlikely to make it through the Senate unchanged

(Newser) - The House passed a sweeping tax-reform bill yesterday—shifting some $78 billion in taxes from middle-class families to the super-rich—that is expected to get little traction in the Senate and has already drawn the promise of a presidential veto. The bill would exempt middle-income families from the Alternative Minimum...

Rangel Floats Sweeping Tax Reform Bill

Rolls back Bush cuts for wealthy; unlikely to advance soon

(Newser) - A Democratic bill unveiled today would dramatically alter the tax code, hiking taxes for those making more than $200,000 and slashing them for most others. The overhaul, which would effectively roll back Bush’s cuts for the wealthy, isn’t expected to get any traction until the White House...

Rangel Pushes Corporate Tax-Rate Cut

Tax-rate trim from 35% to 31% would be offset by eliminating tax breaks

(Newser) - Rep. Charles Rangel, the Democratic chairman of the House Ways and Means Committee, has proposed a revised corporate tax structure that could lower corporate income taxes from 35% to between 30% and 31%. It would be offset by doing away with tax breaks for manufacturing in the US. The bill...

Congress Drops Tax Hike for Private Equity

Superwealthy investors will get to keep tax breaks they now enjoy

(Newser) - A proposed tax hike on some of America's wealthiest investors isn't likely to happen this year, as Senate Democrats say they're shelving a bill that would have eliminated the special tax rate enjoyed by private-equity managers. Senate Majority Leader Harry Reid says a crowded legislative calendar makes considering the bill—...

No White House Dreams for Rice
No White House Dreams for Rice
Oct 2, 2007 3:14 AM CDT

No White House Dreams for Rice

Condi tells Harlem class she won't run

(Newser) - Secretary of State Condoleezza Rice was grilled yesterday about her dreams, sleep patterns and  White House ambitions (she doesn't have any, she claims). It was not nightmarish testimony on Capitol Hill but a visit to a Harlem school and a rare foray into the domestic arena for Rice, who told...

Blackstone Lobbying Backfires
Blackstone Lobbying Backfires
Sep 21, 2007 8:10 PM CDT

Blackstone Lobbying Backfires

Private equity firms ‘overreach’ with claim they help the poor

(Newser) - Private equity firms launched their first coordinated effort at lobbying this year—and overshot by a long stretch, Bloomberg reports. Blackstone and 11 other firms joined hands to fight a tax hike on carried interest—fund managers' share of profits—and have gone so far as to argue that the...

Bush, Dems Test Compromise Skills on Iraq

(Newser) - Congress' Democratic bosses and the White House are attempting diplomacy after six years of Republican neglect that has left the new majority uneasy, the Times reports. But this week's agreements on less thorny issues, trade and immigration, contrast significantly with a divided Washington's repeated, fumbled attempts at a compromise war...

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