He hasn't embraced the bill Mr. Ryan shepherded through the House earlier this year that would fend off year-end cuts in military spending by squeezing from food stamps and other social-safety-net programs.
Update: Forbes editor Janet Novack pointed out that some small businesses are also calling for expiration of the high-end tax cuts in contradiction to their purported interests.
For the time being, the signal is about the end of rate cuts rather than imminent rises.
And we should end the tax cuts for the wealthiest Americans, too.
In the end, budget cuts must happen.
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But the Senate also voted to end its proposed tax cuts after ten years, rather than making them permanent.
Some observers think the total cuts could end up nearer 50, 000.
Although both parties seem prepared to let the stimulus measures expire, neither party wants all the Bush tax cuts to end, or the sequester to take effect.
In short, the fiscal cliff means an automatic end to the tax cuts put in place under George W., and automatic across-the-board cuts to the government budget, as promised in the August 2011 debt ceiling compromise.
These cuts will begin on Friday and last through the end of September, although many of these cuts will continue to occur in future years.
Under current law, America is set for a fiscal squeeze worth roughly 5% of GDP as the Bush tax cuts and a host of more recent temporary tax reductions expire at the end of this year, and deep cuts to defence and other types of federal spending kick in.
Stock prices will plummet on the end of the Bush tax cuts for capital gains and cash dividends.
But it doesn't address the much costlier expiration of George Bush's tax cuts at the end of this year.
The firm said the cuts marked the end of a three-year programme to simplify its UK life and pensions operation.
The country must identify additional budget cuts by the end of June to be considered compliant with the terms of its bailout.
The government has made reducing the country's debt levels its key economic priority and has introduced wide-ranging spending cuts to this end.
Citing weaker end demand and ongoing inventory cuts, Goldman Sachs analyst Simona Jankowski this morning chopped her forecast for 2012 mobile phone shipments.
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The plan unveiled Thursday by Senate Democrats would just replace the cuts through the end of this year, leaving time for possible negotiations on a broader deficit-reduction package that would eliminate sequestration entirely.
The young documentary filmmaker Rachel Boynton follows the campaign from beginning to end, but she also cuts in rueful interviews with the principals that were filmed afterward, so we get reflections on the disaster as we watch it unfold.
The pending expiration of the Bush Tax Cuts at the end of this calendar year will bring REIT investor income and other taxable dividends into tax parity (assuming congress makes no further changes to these rules) and both revert to being taxed at ordinary income rates in 2013.
So we need to get very soon to the hard work, the important work, but the achievable work of negotiating a budget deal that funds the government through the end of the year, cuts spending substantially, in a way that all sides can agree on, and that maintains the important investments to keep our economy growing.
And all of the 2001 and 2003 tax cuts expire at the end of the year.
And if Congress does nothing, the Bush-era tax cuts expire at the end of the year.
Two other rate cuts followed by the end of the year, before numerous further reductions in 2008.
The Fed put an end to seven straight interest rate cuts at its last Board of Governors meeting in April.
The Bush administration income tax cuts expire at the end of the year, along with the Obama payroll tax reduction.
FORBES: The Path To Tax Reform: Cutting Taxes For Those Who Pay For Them
Despite brutal government spending cuts, by the end of this year the IMF forecasts government debt will reach 90% of GDP.
First, the top marginal personal tax rate rises to 39.6% from 35% as the Bush tax cuts expire at the end of 2012.
FORBES: The Real Danger Of Raging Debt Loads And Slow Growth
Obama has called for allowing that rate to rise to 20% when the Bush tax cuts expire at the end of this year.
FORBES: Obama Proposes Doubling Romney's Taxes, With Minimum 30% Rate
The consultation on the cuts continues until the end of January.
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