Tax

  • Senate sidetracks move to repeal ethanol credit
    AP (June 14, 2011)
    WASHINGTON (AP) - The Senate refused to kill a $5 billion annual subsidy for ethanol on Tuesday, backing continued government aid for a Farm Belt-based industry over deficit reduction in an era of record red ink.
     
  • Biden: New taxes needed as part of debt limit bill
    AP (May 24, 2011)
    WASHINGTON (AP) - Vice President Joe Biden says new tax revenues need to be part of any agreement with Republicans on legislation to raise the limit on how much money the government may borrow to continue to meet its obligations.