Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

December-08-10

Democrats Dismayed At Tax Cuts

In a meeting last night, House Democrats criticized President Obama's tax proposal. Both House and Senate Democrats have voiced frustration at the extension of Bush-era tax for an additional two years, which would add $900 billion to the deficit. Many Democrats also expressed concern about the estate tax exemption for inheritances of up to $5 million.

House Speaker Nancy Pelosi (D-CA) clarified in her statement, "The Republican demands would provide tax cuts to the millionaires and billionaires, fail to create jobs and increase the deficit. And to add insult to injury, the Republican estate tax proposal would help only 39,000 of America's richest families, while adding about $25 billion more to the deficit."

Media Resources: Statement of Nancy Pelosi 12/7/10; New York Times 12/7/10; CNN 12/8/10


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

8/29/2014 Terry O'Neill Was One of Hundreds Arrested Calling for Immigration Reform at White House Rally - Thursday, nearly 300 people were arrested in front of the White House during a rally calling on President Barack Obama to halt mass deportations. . . .
 
8/29/2014 BREAKING: Fifth Circuit Blocks Texas TRAP Law Provision! - WASHINGTON - The Feminist Majority Foundation applauds U.S. . . .
 
8/29/2014 Domestic Violence Victims May Now Qualify For Asylum in the US - A recent case has opened the door for victims of domestic violence abroad to qualify for asylum in the United States. The Justice Department's Board of Immigration Appeals ruled for the first time on Tuesday that a victim of domestic violence fit a specific criterion for asylum: persecution for membership in a particular social group. . . .