User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


26° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.
 Winter Storm for January 31-February 1, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news

Politics

Find local businesses
on the KELO Pages!

 

Thune: Obama Doesn't Have Solution

November 14, 2012, 6:03 PM by Brady Mallory

Thune: Obama Doesn't Have Solution

A tax hike to the wealthiest Americans could be on the way.  In his first news conference since re-election, President Barack Obama urged Congress to extend expiring tax cuts immediately for the middle class.  However, not everyone in Washington, D.C., agrees.

Obama demanded Congress work together to avoid going over the fiscal cliff.  If we go over the fiscal cliff, some analysts predict we could see another recession and nine-percent unemployment.

"We're headed for a train wreck," U.S. Senator John Thune said.

Obama wants to extend the tax cuts for households that make less than $250,000 per year.

Thune believes Obama's proposal creates about $1.6 trillion in new taxes on businesses and the wealthy.  Thune proposes the current tax rates be extended for everyone for another year, so Congress can decide on a tax reform.

"Coming up with a tax code that is more simple, more fair that broadens the tax base, lowers rates and will really drive economic growth," Thune said.

Even though the President is pressing Congress, Thune said the President is the one who should feel the pressure to answer the voters.

"They elected a divided government. Sometimes divided government can do big things. It does require presidential leadership. You can't do big things in Washington, D.C., with absent presidential leadership," Thune said.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View politics

You may also like

SD Legislation: Daylight Saving Time All The Time

1/28/2015 6:02 PM

Imagine driving home in the winter with the sun still shining. It could be possible if a proposal in the South Dakota legislature passes that would pu...

Full Story | Watch
Iowa Governor Terry Branstad Hospitalized

1/26/2015 12:37 PM

68-year-old Branstad fell ill at an event on Monday, and was transported by ambulance to Iowa Methodist Medical Center in Des Moines.   

Full Story
Gorbachev Warns Of Military Conflict Between Russia, West

1/29/2015 6:23 AM

More than 5,100 people have been killed in a bloody conflict in eastern Ukraine between government troops and pro-Russian separatists.

Full Story
Senate Passes Bill Approving Keystone XL Oil Pipeline

1/29/2015 3:18 PM

The Republican-controlled Senate has passed a bipartisan bill approving construction of the Keystone XL oil pipeline.

Full Story
Med-Star Plans To Appeal SF Ambulance Ruling

1/26/2015 5:41 PM

The City of Sioux Falls announced Monday that an independent hearing examiner has found the city used a fair system to select the ambulance provider P...

Full Story | Watch


Events