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Tagged: fiscal cliff

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Business
8:06 am
Fri November 16, 2012

Missouri's two US Senators divided on 'fiscal cliff'

Credit selbstfotografiert / Wikimedia Common

With a looming so-called fiscal cliff and a split of control in Congress, President Barack Obama and federal legislators are under pressure to come to a quick solution. But Missouri’s senators have taken sides over a tax hike in the President’s plan.

When it comes to solving the fiscal cliff problem, the biggest disagreement between Republicans and Democrats in Congress deals with raising the tax rate on the wealthiest Americans. Missouri’s two senators have fallen in line with their parties and sit in opposite corners on the issue.

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Politics
5:17 pm
Wed November 14, 2012

McCaskill, Blunt take opposing stances on taxes

Credit selbstfotografiert / Wikimedia Common

Missouri's two U.S. senators are taking opposite positions on whether to raise taxes on the wealthy as part of a solution to the so-called fiscal cliff facing the economy.

Democratic Sen. Claire McCaskill said Wednesday that she supports President Barack Obama's insistence that top income-earners should face higher tax rates. But Republican Sen. Roy Blunt said he opposes increasing the tax rates for anyone.

The divide between Missouri's senators is emblematic of the stalemate in Washington.

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