Aug. 23, 2010 at 12:53 p.m.
Filed under:
Government,
Politics,
Taxes
By Reuters
The biggest U.S. companies stepped up their lobbying Monday to block Democrats’ plans to let taxes on wealthier Americans rise at year’s end, asking lawmakers not to cut short the hearing process in Congress.
The Senate is set to take up expiration of tax cuts on nearly all individuals enacted under former President George W. Bush when it reconvenes in September. The thorniest issue involves taxes for the top income classes — families earning at least $250,000 a year — which President Barack Obama and most Democrats want to let expire. Get the full story »
By Bruce Japsen
| Though a much-touted Chicago appearance today of former Presidents
George W. Bush and Bill Clinton will not be open to the public or the
press at the Biotechnology Industry Organization’s annual meeting, the group
has offered up former Vice President Al Gore for five minutes tomorrow.
BIO said the first “five minutes of the Vice President’s keynote address
will be open” to registered media. Gore’s keynote address is sponsored
by California-based biotech giant Amgen Inc. The fees being paid to Gore for his
appearance are not being disclosed, BIO said.
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