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NEWS
October 25, 2013 | By Doyle McManus
In a column and a blogpost this week, I invited readers to send suggestions for ways to stop the hollowing of America's middle class - and they answered energetically. Some responses were unsurprising. Conservatives proposed lower taxes, fewer regulations and voting Democrats out of office. Liberals proposed higher taxes, more regulations and voting Republicans out of office. “Lower taxes - preferably a consumption tax instead of an income tax, which penalizes those who are trying to improve their economic state,” suggested Scott Worman of Oceanside.
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BUSINESS
August 15, 2012 | Michael Hiltzik
It certainly hasn't taken long for the blue-eyed, smiling visage to be scrubbed off Paul Ryan's putative policy masterwork, a federal budget proposal that supposedly would cut the government deficit to a shadow of its former self, as if by magic. Within hours of the Wisconsin congressman's anointing as Mitt Romney's vice-presidential running mate, the budget plan's salient features were being widely publicized: It would deliver a handsome tax cut to the richest Americans while eviscerating the programs and services the rest of the country depends on. These include healthcare services, banking and clean water regulations, road repair and education assistance.
NEWS
November 14, 2012 | By James Rainey
In his first press conference since his reelection, President Obama found himself in a position few would have predicted even a few months ago. The incumbent was on message and on his most comfortable footing Tuesday talking to the media about the economy - demanding tax increases for the wealthiest Americans and repeatedly invoking his concern for the middle class. When his inquisitors put foreign affairs and national security on the table, the president mostly spoke with a lot less force.
NEWS
October 12, 2012 | By Michael A. Memoli
Joe Biden sought to build on momentum from the vice presidential debate by venturing into Paul Ryan's home state on Friday to continue hammering the GOP ticket on policies he said would devastate the middle class. The vice president mocked Republicans for making “unusual distinctions” to try and justify the Ryan-authored House Republican budget and Mitt Romney's economic plan, one he said would cost $5 trillion and disproportionately benefit the wealthy. TRANSCRIPT: Read Biden, Ryan's arguments “Folks, it's time to lift the burden off the middle class, not double down on the Great Recession that hit them,” Biden said.
CALIFORNIA | LOCAL
January 31, 2009 | SANDY BANKS
I can't pretend to know what was going through Ervin Lupoe's mind when he shot his wife and five young children to death, then committed suicide this week. His rampage was horrifying; unfathomable to anyone thinking logically. But his predicament -- deeply in debt, jolted by job loss, despondent over his family's future -- is becoming a familiar story. The family lost its middle-class footing in an unforgiving economy.
NEWS
October 31, 2013 | By Alexandra Le Tellier
Forget Obamacare's website glitches. The outrage over the bungled Healthcare.gov launch has given way to sticker shock over the new insurance plans that force individuals to pay significantly more for comprehensive coverage. People feel President Obama deceived them with his Affordable Care Act pitch. “ If you like the plan you have, you can keep it ,” he said. What he neglected to say, however, was that insurance companies would drop plans that didn't meet the health law's standards.
NEWS
October 2, 2012 | By James Rainey
Vice President Joe Biden said the middle class has been “buried the last four years,” not the most artful statement coming from the No. 2 in the administration in charge during that time. Biden's remark during a campaign rally Tuesday in North Carolina immediately provoked tart ripostes by Republican vice presidential candidate Paul D. Ryan and GOP surrogate John Sununu, who said the Democrat “finally got something right.” Sununu said during a conference call with reporters that the Biden comment will provide a nice entree for Mitt Romney to talk about the middle class in Wednesday night's debate with President Obama.
NEWS
July 9, 2012 | By Christi Parsons
WASHINGTON -- President Obama today plans to begin pushing for an extension of tax cuts for the middle class, a message he and his surrogates are scheduled to push in events across the country.   Income tax cuts initially passed under President George W. Bush are set to expire at the end of the year. Obama favors extending the cuts for one more year for those earning less than $250,000 annually. Republicans favor extending all the cuts. Obama plans a White House announcement today, according to an official familiar with the plans, as well as a series of television interviews with local-station anchors from several markets in battleground and other states.
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