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Today's Teamster News 01.02.13

House approves 'fiscal cliff' deal, rescinding broad tax hike  Los Angeles Times   ...It blocked income tax hikes for roughly 99% of households, but allowed rates to rise for those with incomes above $400,000 for individuals and $450,000 for couples. It also renewed tax credits aimed at low-income households and college students, extended unemployment benefits, delayed automatic spending cuts in defense and other government programs for two months...

Today's Teamster News 12.31.12

Fiscal Cliff Talks Resume After GOP Caves On Social Security Cut  Talking Points Memo   ...Negotiations stalled Saturday night when Minority Leader Mitch McConnell pushed a Social Security benefit cut as a way to offset spending measures including emergency unemployment benefits. Democrats balked, leaked the offer to the media, and Republicans quickly retracted the demand...

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