Political Capital

Posts tagged: taxes

Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Photograph by Rich Clement/Bloomberg

Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Norquist: ‘End of the Grand Bargain’

Democrats, chafing at the “choke collar” on their appropriators, are yielding their desire to raise taxes to their thirst for bigger spending, says one of the capital’s leading anti-tax activists. The budget deal at hand — approved overwhelmingly by the...

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Douglas Elmendorf, director of the Congressional Budget Office, during a House Budget Committee hearing in 2012

Photograph by Andrew Harrer/Bloomberg

Douglas Elmendorf, director of the Congressional Budget Office, during a House Budget Committee hearing in 2012

103 Ways to Leave Your Deficit

For Paul Simon, it was “50 ways to leave your lover.” For Doug Elmendorf, it’s 103 ways to cut your budget. Which may be about equally difficult. The director of the Congressional Budget Office offered Congress today a long list...

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Senator Max Baucus, a Democrat from Montana, speaks to members of the media while arriving for a closed door meeting at Capitol Hill in Washington, D.C., on Sept. 3, 2013.

Photograph by Pete Marovich/Bloomberg

Senator Max Baucus, a Democrat from Montana, speaks to members of the media while arriving for a closed door meeting at Capitol Hill in Washington, D.C., on Sept. 3, 2013.

@SimplerTaxes: Really

Simpler Taxes. That should get everyone’s attention. It has the full focus of Sen. Max Baucus, chairman of the Senate Finance Committee. He may be retiring next year, but the five-term Democrat from Montana is intent on redrawing the U.S....

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Democratic candidate for New York City mayor Bill de Blasio embraces a supporter in front of City Hall on October 23, 2013 in New York City.

Photograph by John Moore/Getty Images

Democratic candidate for New York City mayor Bill de Blasio embraces a supporter in front of City Hall on October 23, 2013 in New York City.

Cuomo Open to NYC Pre-K Tax

Mayoral candidate and front-runner Bill de Blasio wants to tax New York City’s wealthiest taxpayers to fund a universal pre-K program and he can’t do it without the state’s approval. Gov. Andrew Cuomo, a fellow Democrat, said today that he’s willing to talk...

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House Republican leaders are struggling to avoid a U.S. government shutdown at month's end after delaying a vote on a spending plan opposed by dozens of their caucus members.

Photograph by Andrew Harrer/Bloomberg

House Republican leaders are struggling to avoid a U.S. government shutdown at month's end after delaying a vote on a spending plan opposed by dozens of their caucus members.

Countdown to Shutdown: 7 Days

Updated at 9:20, 10, 11:15 am and 4 pm EDT with Sam Kussin-Shoptaw reporting from the Senate “I intend to speak in support of defunding Obama-care until I am no longer able to stand. To do everything that I can...

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Co-chairmen of the National Commission on Fiscal Responsibility and Reform, former Sen. Alan Simpson, right, and Erskine Bowles, left, participate in a Joint Deficit Reduction Committee hearing on Capitol Hill, on November 1, 2011.

Photograph by Mark Wilson/Getty Images

Co-chairmen of the National Commission on Fiscal Responsibility and Reform, former Sen. Alan Simpson, right, and Erskine Bowles, left, participate in a Joint Deficit Reduction Committee hearing on Capitol Hill, on November 1, 2011.

Simpson-Bowles: ‘Witness Protection’

Forget their names: Alan Simpson and Erskine Bowles. “We’re both on the witness protection program now,” said Simpson, the Republican former senator from Wyoming who teamed with Bowles, the Democratic former chief of staff to President Bill Clinton, to navigate...

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In this Aug. 29, 2013, photo Texas Gov. Rick Perry speaks to a crowd of business and Republican leaders in Chesterfield, Mo.

Photograph by Erik M. Lunsford/The St. Louis Post-Dispatch via AP Images

In this Aug. 29, 2013, photo Texas Gov. Rick Perry speaks to a crowd of business and Republican leaders in Chesterfield, Mo.

Perry Versus O’Malley: Maryland ‘Tax and Fee State’ or ‘Better Results’

Rick Perry’s cherry-picking job tour with a 2016 flavor goes on: The Republican Texas governor has picked Maryland as his latest target for business recruitment, pitting two potential 2016 presidential candidates against each other. Radio and television ads start today...

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President Barack Obama delivers a statement on Syria during a meeting with members of Congress at the White House in Washington, D.C., on September 3, 2013.

Photograph by Jim Watson/AFP via Getty Images

President Barack Obama delivers a statement on Syria during a meeting with members of Congress at the White House in Washington, D.C., on September 3, 2013.

Bloomberg by the Numbers: 5

That’s how many times House Speaker John Boehner and Rep. Nancy Pelosi have voted the same way during Boehner’s 32-month speakership. Boehner, an Ohio Republican, has cast just 19 floor votes since January 2011, in keeping with a tradition of...

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