President Barack Obama 's fiscal 2015 budget request would boost U.S. tax revenues by nearly $1.4 trillion over 10 years if fully enacted, slashing deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday.There is virtually no chance that Congress will advance Obama's plan in its entirety. But the CBO's latest analysis will feed campaign messaging by both Democrats and Republicans ahead of congressional elections in November.The analysis compares Obama's request to a new "baseline" estimate that CBO released last week that assumes no changes to current tax and spending laws.But Obama's budget plan is loaded with new policy changes, including an assumption that sweeping immigration reforms are enacted, producing a net 10-year deficit reduction of $158 billion.It proposes to boost revenues by limiting tax breaks for wealthy Americans and businesses, imposing a new tax on millionaires, raising tobacco taxes, and restoring estate and gif...
Americans for Tax Reform president Grover Norquist weighs in on the tax debate.
Mirroring the first debate face-off between President Obama and Governor Romney, small business once again took center stage at Tuesday's town hall debate. The candi...
FOX News Contributor Tamara Holder and ABC Radio’s Bernard McGuirk discuss the Presidential debate.
Jon Luther and Steve Caldeira of the International Franchise Association weighs in on small business and jobs.
Wells Fargo chief portfolio strategist Brian Jacobsen gives his outlook for tax reform.
Stuart Varney & Juan Williams on Governor Romney & President Obama’s tax plans and whether they will help fix the economy.
Forbes Media Chairman Steve Forbes on the Presidential election and the need to rein in government regulations.
FBN’s Stuart Varney sounds off on the president’s concept of money and wealth.
Michael Linden of the Center for American Progress and Curtis Dubay of the Heritage Foundation debate the impact of tax increases on the economy.
Rep. Michael Grimm on Obama's tax plan and the potential devastating effects of the health-care law on the economy.
FBN's Liz MacDonald on how President Obama's new tax plan will impact small-business owners' wallets.
First Trust Advisors chief economist Brian Wesbury weighs in on Obama's tax plan .
Two of the nation’s largest small business organizations say a focus on lowering corporate tax reforms ignores the majority of small businesses in the U.S.
House Speaker John Boehner sounded a downbeat note Friday about talks to avoid the so-called "fiscal cliff" in less than four weeks, saying that "there is no progres...
Jack Ablin, Harris Private Bank CIO, on why he believes the market is oversold and why we’re seeing a post-election reset.
WSJ Editorial Board Member Steve Moore on the potential tax hikes in an effort to reach a deal on the fiscal cliff.
Grover Norquist of Americans for Tax Reform discusses Simpson-Bowles and the confusion over Mitt Romney’s tax plan versus President Obama ’s current tax reform.
Higher education has taken a back seat to other issues in this election, but the outcome of the presidential vote will have a major impact on students and families p...
Rate Coalition co-chair Elaine Kamarck weighs in on Romney's tax plan.