Tag: money tree

We raise the national debt. That measure was passed by Congress today and sent to Bush for his signature. The Senate voted Thursday to allow the national debt to swell to nearly $9 trillion, preventing a first-ever default on U.S. Treasury notes. The bill passed by a 52-48 vote. The increase to $9 trillion represents […]

This is the framing for an interesting battle Key White House tax proposals would cost the U.S. government tens of billions of dollars in lost revenue, the Treasury Department said on Monday, although the administration says they will help boost revenues in the long run. Making permanent expiring tax breaks for dividends and capital gains, […]