Politics News
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Herman Cain’s self-described “bold” 9-9-9 tax proposal has received most of the attention in his campaign for the Republican presidential nomination. His plans for the federal budget are more radical.
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Republican presidential candidate Herman Cain’s plan to create a national sales tax would hurt retailers, threaten economic growth and shift the tax burden onto the middle class and poor, tax experts and business groups said.
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Members of Congress on the supercommittee charged with trimming the national deficit are facing a menu of leftovers.
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President Barack Obama and South Korean President Lee Myung-bak take a victory lap in Michigan today for the auto industry, which is poised to increase sales and jobs under the U.S.-South Korea free-trade agreement.