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News
- -01-11-20 Warren Buffett Accepts Challenge of Republicans to Donate to Lower National Debt (Time.com)
"Warren Buffett is ready to call Republicans’ tax bluff. Last fall, Senator Mitch McConnell said that if Buffett were feeling 'guilty' about paying too little in taxes, he should 'send in a check.' The jab was in response to Buffett’s August 2011 New York Times op-ed, which made hay of the fact that our tax system is so unbalanced, Buffett (worth about $45 billion) pays a lower tax rate than his secretary. Senator John Thune promptly introduced the 'Buffett Rule Act,' an option on tax forms that would allow the rich to donate more in taxes to help pay down the national debt. It was, as Buffett told me for this week’s TIME cover story, 'a tax policy only a Republican could come up with.' "
"Still, he’s willing to take them up on it. 'It restores my faith in human nature to think that there are people who have been around Washington all this time and are not yet so cynical as to think that [the deficit] can’t be solved by voluntary contributions,' he says with a chuckle. So Buffett has pledged to match 1 for 1 all such voluntary contributions made by Republican members of Congress." 01-12
- -03-09-12 Unemployment Holds While Hiring Increases (CNN News)
"Employers added 227,000 jobs in February, the Labor Department reported Friday. While that's a pinch slower than in January, hiring was still better than economists had expected."
"Three straight months of job growth over 200,000 is considered a strong sign for the recovery going forward." 03-12
- -09-08-12 New-Home Market Recovering (Wall Street Journal)
"Six years after the U.S. housing market tumbled into the abyss, demand for brand-new homes is picking up. Sales are on the rise, and prices in many areas are inching higher." 09-12
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