Category: National

GOP Caves On Tax Hike

WASHINGTON, D.C. — Rep. Scott Garrett was the only New Jersey representative in Congress to vote against the ‘fiscal cliff’ compromise that will raise some income-tax rates for the first time in 20 years, increase federal budget deficits over the next decade, and end the two-year-old payroll tax break.

[OPINION] Reshaping Pentagon Spending

With the campaigns over, our leaders must roll up their sleeves and get to work on the serious financial decisions facing the nation. Congress has known for more than a year that automatic budget cuts and tax increases loom in January, but they’ve left all the work to be done at the last minute.