Page 6 - 18 2 News Today

>> reporter: small businesses like the energy efficient l.e.d. lighting maker mr. obama visited today created two-third of new jobs in the last 15 years. the white house says the two recent small business stimulus proposals should appeal to republicans and are a test of whether theyre interested in bipartisanship. republicans say the presidents budget calls for spending hikes, long after the congressional budget office feels the xy could have recovered. >> revenues will get back above their hist...

While ago who said he got a call from the president today, hearing out mike lees concerns, saying that he hopes that theyre going to be able to address them. unclear if thats possible. >> president working the phones. dana bash, thank you very much. tom foreman joins us now. what do we know, tom? >> anderson, the headline that has the democrats howling and republicans hesitating is this one from the cbo, the notion that simply by slashing the individual mandate, youre going to start a soaring in...

Latest updates on this topic.

Inhabitants, for a city that covers almost 139 square miles. a space that san francisco, boston and manhattan could fit in with room to spare. there are so many factors contributing to the citys financial distress but among them, an 18.2% unemployment rate and there is this. the detroit news reported this week that nearly half of the citys owners of residential properties failed to pay their tax bills last year, amounting to nearly $250 million uncollected. no taxes, no revenue. even if everyone...

Taxes are usually measured as a percentage of gross domestic product, a percentage of the size of the economy. if your economy produces ten bucks worth of stuff and tax five dollars, taxes are 50% of gdp. in 2011, tax revenues were 15.4% of gdp. to give you an idea how low it is before the financial crisis you had to go back to 1950 to find a year when taxes were that low. in 1950, there was no medicare, there was no medicaid, there wasnt a hawaii as one of the 50 states of the united states. fo...

Percentage of gross domestic product, a percentage of the size of the economy. if your economy produces ten bucks worth of stuff and tax five dollars, taxes are 50% of gdp. in 2011, tax revenues were 15.4% of gdp. to give you an idea how low it is before the financial crisis you had to go back to 1950 to find a year when taxes were that low. in 1950, there was no medicare, there was no medicaid, there wasnt a hawaii as one of the 50 states of the united states. for comparison sake, taxes under r...