Tax Extender News Today

Small business owners have been expressing their hardships to their Congressional leaders, but whether those leaders are willing to spread some holiday cheer is still an open question.

Whether it is manufacturers, clothing designers, software developers, plant breeders, or engineers, businesses across New York are shocked at their federal income tax bill.

Bully pulpit. regular appropriation bill and the other is a supplemental bill that adds to current spending and the third one is continuing resolution. and if you dont do one of those three, you shut down the government. it is not as if most members saying we are going to do continue resolution, hopefully by then we will have something done. actually, i think it will happen by friday that maybe they will have a top line and come to agreement on the debt ceiling, on health care issues and on a di...

The group that likes this and this is the dirty secret of obamacare. while people are lose coverage the health insurance industry loves obamacare. >> i wouldnt go that far. >> price waterhouse had a study that says as a result of obamacare by 2020 they anticipate health insurance company revenues will grow by $200 billion. look at the stock market. >> we have to move on. 55 new laws will kick in starting next year. a lot of them will increase the taxes. peter, start with you. $54 billion tax inc...

Tonight on nightly news with brian williams. right now the house of representatives is considering a proposed plan to extent the tax cut for 160 million working americans. several hours of debate the house will vote on the measure and it is expected to pass. but president obama is threatening to veto the plan if it also passes the senate which is unlikely. that is because of how it is paid for and what else it contains. democrats are accusing the republicans of playing politics. >> sadly mr. spe...

A plan through next september and only immigration services in the next few months. there is a lot to work out responding to president obama and avoiding a tax extender and defense authorization package and more. newly elected senate democrats said the american people want cooperation and compromise. >> that was the clear message from the last election. people want to see washington work and having people come together and find the middle ground to deal with the tough problems in the country. >>...