1:06pm: North Koreans are mourning the death of Kim Jong Il, who died of a heart attack this weekend. The late Kim’s son, Kim Jong Un, is the heir apparent and experts say this transition period will be a challenge for the young man, who has had little time to develop a power base and… Continue reading What’s Next for North Korea, Economist Says Higher Taxes Will Create Jobs, Comments on the End of the Iraq War: Today on Here and Now
by Dan Conti, Kentucky Public Radio Congressman Ben Chandler says one of the main causes of today’s historic trillion dollar federal budget deficit is the tax cuts that were approved during the Bush Administration. The Versailles Democrat made the comment during an interview on KET’s One to One program. Chandler says tax policy under President… Continue reading Chandler Blames Federal Deficit on Bush-Era Tax Cuts
A group of wealthy Americans are marking the ten-year anniversary of the tax cuts signed into law by former President George W. Bush by calling for an end to the reductions for people making over $1 million. The group Patriotic Millionaires sent a video message to members of Congress Tuesday asking lawmakers to raise their taxes… Continue reading Millionaires Group Wants Higher Taxes
Egyptian President Hosni Mubarak resigned shortly before Biden took the stage at the University of Louisville McConnell Center. The Vice President began his remarks with a comment on the situation.
The recent compromise on the Bush-era tax cuts between the President and congressional Republicans has not received a warm welcome from many Capitol Hill lawmakers, and Third District Congressman John Yarmuth is among them.