Search / Found (220) for "fiscal cliff"
SPRINGFIELD, Ill. | An influential government watchdog group says Illinois should keep its temporary income tax increase in place for a year longer than initially promised and begin taxing retirement income to dig the state out of a massive budget hole — a solution that's both being praised …
EAST CHICAGO | In 2010 and 2011, the City was dealing with the worst of its financial crisis. It had to find ways to adjust its budget, which had a $15 million shortfall, to cope with the new fiscal reality which included the 1-2-3% cap on Property Taxes instituted across the state, and a w…
CHICAGO | It's not the vision of a world class city that Chicago Mayor Rahm Emanuel typically likes to portray.
NEW YORK | Will Washington be the Grinch who stole Christmas?
INDIANAPOLIS | The Republican-controlled General Assembly early this morning was on the verge of approving a two-year state budget plan that reduces taxes on Hoosiers by $1.1 billion.
CEDAR LAKE | If Shirley Mudy were in charge of national finances, "fiscal cliff" and "sequestration" would likely not be part of the country's lexicon.
I wonder how many in Congress would have their job if common sense were a prerequisite.
OLYMPIA FIELDS, Ill. | A senior portfolio manager for the MB Financial Bank says he is optimistic the economy will continue to improve, even though the evidence of improvement in recent months has been miniscule.
President Barack Obama, to borrow $2+ trillion from China in 2011, sequestered (set aside) the tax cuts Congress wanted until Jan. 1, 2013.
After subjecting readers and myself to what seemed like endless discussion of the frightful “fiscal cliff,” I was done talking about the incessant shenanigans coming out Washington, D.C.
Why is it that every six months or so the Obama administration warns us of another impending economic disaster? The Great Recession, sequestration, fiscal cliff, debt ceiling -- are all allegedly threatening the livelihood of seniors, veterans, cops, teachers, kids. What’s going on here?
Offering perspective on today's issues
Offering perspective on today's issues
This administration, the president and the Democratic Senate told us raising taxes on the rich would: 1. Prevent the fiscal cliff. 2. Help eliminate our yearly $1 trillion-plus deficit. 3. Bring down our over $16 trillion debt. With no spending cuts and no budget for more than four years we …
Last year was a roller coaster year for the business community in Northwest Indiana as we were faced with daily headlines touting such economic risks as the fiscal cliff, economic downturns in European countries and the political unrest in the Middle East — not to mention the slow recovery f…
WASHINGTON | The U.S. job market is proving sturdier than expected at a time when the economy is under pressure from Washington gridlock and the threat of government spending cuts.
The economy unexpectedly shrank in the fourth quarter of 2012. Such was the headline on Wednesday when the government released its report on total economic activity, a metric know as GDP.
SPRINGFIELD | Illinois taxpayers have a few more options to take into consideration this tax season.
A Northwest Indiana economy that has been idling along in neutral for the past year could finally shift into gear within six months, according to the most recent reading from the NWI Leading Index.
Members of The Times Board of Economists said protracted political bickering and media coverage of the so-called fiscal cliff and debt ceiling developments have done little to reduce or remove economic uncertainty.
For 10 years, Democrats have insisted President Bush’s 2002 tax cuts benefited only the rich. Dan Hallowell agrees. In his Jan. 13 letter, he refers to Bush’s “tax cut for the wealthy."
Retail performance during the 2012 holiday shopping season was largely disappointing because of expectations formed based on sales early in the year, Joshua Halpern said.
The media market in Northwest Indiana has proven resilient, with revenues generally up over 2012, according to Leigh Ellis, president of Radio One Communications.
Retailers saw a 2012 holiday shopping season in line with expectations, which have been taken down a notch ever since the 2008 recession and remain that way.
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Should new garbage trucks burn compressed natural gas instead of diesel?