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Last updated: 23:45:12 Wednesday Dec 9, 2009


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  • House votes to extend $31B in expiring tax breaks
    WASHINGTON - The House voted Wednesday to extend $31 billion in popular tax breaks, including an income tax deduction for sales and property taxes, to be financed with a tax increase on investment fund managers and a crackdown on international tax cheats.   Nations:U.S.   People:Barack Obama   Activities:111th Congress   2009-12-09

    SD town gets rid of 44 tons of stinking bison meat
    BRIDGEWATER, S.D. - Behind the freezer doors at a meat plant mysteriously abandoned by its owner, the 44 tons of bison meat managed to hold its own for months, masked by the brutal chill of two South Dakota winters.   Nations:U.S.   Source:(AP)   2009-10-05

    State budget crunches will slow U.S. economy: study
    NEW YORK (Reuters) - Severe budget crunches afflicting U.S. states will put the brakes on the national economy by as much as seven-tenths of a percent of Gross Domestic Product in the next 12 months, according to a Goldman Sachs report.   Activities:2008 U.S. Recession   Source:(Reuters)   2009-07-13

    Stimulus school money could be hard to cut later
    WASHINGTON - If the government spends billions on education to help jump-start the staggering economy, what happens when things improve and schools have grown used to the largesse?   Nations:U.S.   People:Barack Obama George W. Bush   Activities:111th Congress Obama Stimulus Package   2009-01-26

    Why Does Your Devalued Home Have Such a High Tax Rate?
    Are your property taxes rising while the value of your house falls? Join the multitudes of Americans in the same predicament. In Atlanta, home values have tumbled over the past year by as much as 12% but an Atlanta Neighborhood Development Partnership study of high foreclosure areas found that the owners of those properties would have had to pay an extra $70 million in taxes because of overvalued but official appraisals. In states from New York to Arizona, angry citizen groups are lobbying their state legislatures - already facing budget shortfalls themselves - to address the discrepancies.   Nations:U.S.   Activities:2008 U.S. Real Estate Crisis   Source:(Time)   2009-01-13

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