Recent Posts
Categories
Tag Archives: impasse
Virginia’s budget impasse tests local jurisdictions
RICHMOND — In fast-growing Prince William County, officials may cope with Virginia lawmakers’ failure to pass a state budget during their regular session by abandoning construction of parks, holding employee salaries steady or possibly raising taxes. Read full article >>
‘Supercommittee’ at impasse as deadline approaches
Congressional negotiators made a yet another push Friday to carve $ 1.2 trillion in savings from the federal debt, but remained stuck in their entrenched positions on tax policy even as the clock was running down on their efforts to … Continue reading
Republicans offer tax deal to break debt impasse; Democrats dismiss it
Congressional Republicans have for the first time retreated from their hard-line stance against new taxes, offering to raise federal tax collections by nearly $ 300 billion over the next decade as part of a plan to tame the national debt. But … Continue reading
Posted in News
Tagged break, deal, debt, Democrats, dismiss, impasse, offer, Republicans
Leave a comment