US May Go It Alone On Syria

WASHINGTON — President Barack Obama on Thursday prepared for the possibility of launching unilateral American military action against Syria within days as Britain opted out in a stunning vote by Parliament.  Facing skepticism at home, too, the administration shared intelligence with lawmakers aimed at convincing them the Syrian government used chemical weapons against its people and must be punished.

Despite roadblocks in forming an international coalition, Obama appeared undeterred and advisers said he would be willing to retaliate against Syria on his own.

“The president of the United States is elected with the duty to protect the national security interests in the United States of America,” White House spokesman Josh Earnest said.

Even before the vote in London, the U.S. was preparing to act without formal authorization from the United Nations, where Russia has blocked efforts to seek a resolution authorizing the use of force, or from Capitol Hill.  But the U.S. had expected Britain, a major ally, to join in the effort.

Read more: http://www.timesleader.com/news/news/793287/US-may-go-it-alone-on-Syria

President Proposing Tax Hikes

WASHINGTON — Seeking an elusive middle ground, President Barack Obama is proposing a 2014 budget that embraces tax increases abhorred by Republicans as well as reductions, loathed by liberals, in the growth of Social Security and other benefit programs.

The plan, if ever enacted, could touch almost all Americans.  The rich would see tax increases, the poor and the elderly would get smaller annual increases in their benefits, and middle income taxpayers would slip into higher tax brackets despite Obama’s repeated vows not to add to the tax burden of the middle class.  His proposed changes, once phased in, would mean a cut in Social Security benefits of nearly $1,000 a year for an average 85-year-old, smaller cuts for younger retirees.

Obama proposed much the same without success to House Speaker John Boehner in December. The response Friday was dismissive from Republicans and hostile from liberals, labor and advocates for the elderly.

But the proposal aims to tackle worrisome deficits that are adding to the national debt and placing a long-term burden on the nation, prompting praise from independent deficit hawks.  Obama’s budget also proposes new spending for public works projects, pre-school education and for job and benefit assistance for veterans.

Read more:  http://www.timesleader.com/news/national-news/412726/President-proposing-tax-hikes

House, Senate Approve ‘Fiscal Cliff’ Bill

Official portrait of United States House Speaker (R-Ohio). (Photo credit: Wikipedia)

Editor’s note:  Well it’s about damn time!

WASHINGTON — Congress’ excruciating, extraordinary New Year’s Day approval of a compromise averting a prolonged tumble off the fiscal cliff hands President Barack Obama most of the tax boosts on the rich that he campaigned on.  It also prevents House Republicans from facing blame for blocking tax cuts for most American households, though most GOP lawmakers parted ways with Speaker John Boehner and opposed the measure.

Passage also lays the groundwork for future battles between the two sides over federal spending and debt.

Capping a holiday season political spectacle that featured enough high and low notes for a Broadway musical, the GOP-run House voted final approval for the measure by 257-167 late Tuesday.  That came after the Democratic-led Senate used a wee-hours 89-8 roll call to assent to the bill, belying the partisan brinkmanship that colored much of the path to the final deal.

Read more:  http://readingeagle.com/article.aspx?id=440254

House Republicans Balk At Deal; Fiscal Cliff Coming

WASHINGTON — Last-minute efforts to step back from the “fiscal cliff” ran into trouble on Tuesday as Republicans in the House of Representatives balked at a deal that would prevent Washington from pushing the world’s biggest economy into a recession.

House Republicans complained that a bill passed by the Senate in a late-night show of unity to prevent a budget crisis contained tax hikes for the wealthiest Americans but no spending cuts.  Some conservatives sought to change the bill to add cuts.

That would set up a high-stakes showdown between the two chambers and risk a stinging rebuke from financial markets that are due to open in Asia in a few hours.

Read more:  http://www.mcall.com/news/local/mc-fiscal-cliff-reuters-20130101,0,6257078.story

Speaker Boehner Succumbs On Tax Deal

Image via Wikipedia

WASHINGTON (Reuters) – House of Representatives Speaker John Boehner on Thursday bowed to pressure from both within and outside his party and agreed to a short-term deal to extend a payroll tax cut for 160 million Americans.

In what could be an end to a toxic stalemate, Boehner informed Senate Majority Leader Harry Reid that he will set a vote in the House on a Senate-passed two-month extension of the payroll tax cut, a Democratic leadership aide said.

Now comes the hard part – getting his often rebellious caucus to follow his lead. He is expected to brief members of his caucus later on Thursday, according to one lawmaker’s office.

Read more: http://www.mcall.com/news/local/sns-rt-us-usa-taxestre7b827k-20111209,0,557603.story