The Norman Transcript

Headlines

January 2, 2013

Congress staves off ‘fiscal cliff’

House members vote 257-167 for deal

WASHINGTON — Past its own New Year’s deadline, a weary Congress sent President Barack Obama legislation to avoid a national “fiscal cliff” of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America’s divided government to the limit.

The bill’s passage on a 257-167 vote in the House sealed a hard-won political triumph for the president less than two months after he secured re-election while calling for higher taxes on the wealthy.

In addition to neutralizing middle class tax increases and spending cuts taking effect with the new year, the legislation will raise tax rates on incomes over $400,000 for individuals and $450,000 for couples. That was higher than the thresholds of $200,000 and $250,000 that Obama campaigned for. But remarkably, in a party that swore off tax increases two decades ago, dozens of Republicans supported the bill at both ends of the Capitol.

The Senate approved the measure on a vote of 89-8 less than 24 hours earlier, and in the interim, rebellious House conservatives demanded a vote to add significant spending cuts to the measure. But in the end they retreated.

Supporters of the bill in both parties expressed regret that it was narrowly drawn and fell far short of a sweeping plan that combined tax changes and spending cuts to reduce federal deficits. That proved to be a step too far in the two months since Obama called congressional leaders to the White House for a post-election stab at compromise.

Majority Republicans did their best to minimize the bill’s tax increases, just as they abandoned their demand from earlier in the day to add spending cuts to the package.

“By making Republican tax cuts permanent, we are one step closer to comprehensive tax reform that will help strengthen our economy and create more and higher paychecks for American workers,” said Rep. Dave Camp of Michigan, chair of the tax-writing House Ways and Means Committee.

Text Only | Photo Reprints
Headlines
  • Water carry 5 Water Walk opens discussion about difficulties in obtaining safe H2O

    With large white plastic buckets upon their heads, two gallons of water sloshed to the brim and over the side, but the students trudged on down the South Oval. The farthest feat was to the Seed Sower, and as the sun glared down, heat ...

    April 23, 2014 1 Photo

  • Council OKs $48.8M contract for wastewater plant upgrades

    The Norman City Council awarded a $48.8 million project for wastewater treatment plant upgrades Tuesday. The council accepted a $50.3 million low-interest loan from the Clean Water State Revolving Fund....

    April 23, 2014

  • Transportation officials find more cracks in Lexington-Purcell bridge, but repairs on track

    State transportation officials announced Tuesday that additional repairs are needed in at least 96 places on the Lexington-Purcell bridge before it can be opened....

    April 23, 2014

  • Stacy Ford named 2014 Norman schools Teacher of the Year during banquet

    Stacy Ford, Kennedy Elementary librarian, was named 2014 Norman Public Schools Teacher of the Year at the district’s annual Celebration of Excellence banquet Tuesday evening at the National Center for Employee Development....

    April 23, 2014

  • Oklahoma officials account for $9.4M in disaster spending

    OKLAHOMA CITY — Nearly a year after deadly tornadoes hit central Oklahoma, officials announced that they have spent close to $9.4 million in private donations on relief efforts....

    April 24, 2014

  • Earth Day activities continue this week

    Oklahoma is no stranger to extreme weather, but many say those extremes are even greater than before. Norman resident and biologist Kathy Rand is convinced those climate irregularities are a result of climate change caused by pollution, ...

    April 24, 2014

  • Oklahoma court rejects death-row inmates’ claims

    Oklahoma court rejects death-row inmates’ claims OKLAHOMA CITY — The Oklahoma Supreme Court has rejected claims by two death row inmates that they’re entitled to know the source of the drugs that will be used to kill them....

    April 24, 2014

  • Man arraigned after wife’s death

    A judge on Wednesday denied bond for a 37-year-old Norman man formally charged with stabbing his wife to death with a kitchen knife early Saturday morning in their southeast Norman apartment. Abid Sandhu, 37, was arraigned before Special ...

    April 24, 2014

  • Moore schools receive $500K

    As Mickey Davis addressed the auditorium, the picture of a bright-eyed, happy 8-year-old on the podium in front of her could not be ignored. Davis’ son, Kyle Davis, was one of seven who lost their lives in the May 2013 tornadoes at Plaza ...

    April 24, 2014

  • School to present ‘Hamlet’

    To be or not to be? That is the question Norman North High School students are answering during their production of William Shakespeare’s “Hamlet” this week....

    April 24, 2014