Unions back super-PAC supporting Republican centrists

Unions back super-PAC supporting Republican centrists

By Kevin Bogardus – 01/16/14 06:00 AM EST

 

Labor unions are funneling cash to a super-PAC tied to a former lawmaker that is working to elect centrist Republicans to Congress.

Unions have contributed about $765,000 so far to the Defending Main Street Super-PAC, which is associated with former GOP lawmaker Steve LaTourette (R-Ohio), according to Federal Election Commission records. 

LaTourette was considered one of the more labor-friendly Republicans while on Capitol Hill, and those relationships are paying dividends in his new career as a lobbyist and Republican power broker. Continue reading “Unions back super-PAC supporting Republican centrists”

Cliff avoided: Congress staves off tax hikes

politics

Cliff avoided: Congress staves off tax hikes

DAVID ESPO and ALAN FRAM | January 1, 2013 11:11 PM EST |

WASHINGTON — Past its own New Year‘s deadline, a weary Congress sent President Barack Obama legislation to avoid a national “fiscal cliff” of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America‘s divided government to the limit.

The bill’s passage on a 257-167 vote in the House sealed a hard-won political triumph for the president less than two months after he secured re-election while calling for higher taxes on the wealthy.

In addition to neutralizing middle class tax increases and spending cuts taking effect with the new year, the legislation will raise tax rates on incomes over $400,000 for individuals and $450,000 for couples. That was higher than the thresholds of $200,000 and $250,000 that Obama campaigned for. But remarkably, in a party that swore off tax increases two decades ago, dozens of Republicans supported the bill at both ends of the Capitol.

The Senate approved the measure on a vote of 89-8 less than 24 hours earlier, and in the interim, rebellious House conservatives demanded a vote to add significant spending cuts to the measure. But in the end they retreated. Continue reading “Cliff avoided: Congress staves off tax hikes”