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U.S. Senators John McCain, an Arizona Republican, and Kay Hagan, a North Carolina Democrat, this morning introduced a bill that would dramatically reduce the taxes companies pay when they bring cash held in foreign countries back to the U.S. The bill temporarily would reduce the tax on repatriated foreign cash to 8.75%% from 35%. The [...]
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Sen. Ted Cruz (R-TX) said he did not trust House and Senate Republicans in budget negotiations with Democrats. The conservative Senator said he would object to sending the Senate budget to conference unless the conferees promised no... Read Post

The North Carolina Republican State Executive Committee has sent out homophobic mailers targeting Senate candidate Kay Hagan (D), who is challenging Sen. Elizabeth Dole (R). The mailings warn that Hagan seeks to advance a “radical h... Read Post

Senate Democrats introduced a bill to extend and expand the payroll tax cut today, paying for it with a 3.25 percent surtax on incomes over than $1 million. The measure, introduced by Sen. Bob Casey (D-PA), would lower the employer ... Read Post