To the Point
Tax Cuts, the Deficit and the November Election
The Bush tax cuts are about to expire, paving the way for another election-year show down. What are the possible options for individual taxpayers, the deficit and the economy? Also, a federal judge blocks part of Arizona's immigration law, and the Chevy Volt: sticker shock and "range anxiety."
By Warren Olney • • 50m ListenThe Bush tax cuts are about to expire, paving the way for another election-year show down. What are the possible options for individual taxpayers, the deficit and the economy? Also, a federal judge blocks key parts of Arizona's new immigration law. On Reporter's Notebook, is America ready for an electric car? General Motors once said, "No." Now it says, "Yes." We hear about the Chevy Volt and its competitors.
In this episode
3 storiesJudge Blocks Key Part of Arizona Immigration Law
Arizona's immigration law is scheduled to take effect tomorrow, but today a federal judge issued a temporary injunction against key provisions that might be unconstitutional. Randal Archibold reports from Phoenix for the New York Times .
Read the story8 minTax Cuts, the Deficit and the November Election
Tax cuts signed into law by George W. Bush were attacked for making the rich richer at the expense of the Middle Class, and for helping to turn a federal surplus into a deficit. They are scheduled to expire at the end of this year and Republicans are warning of the biggest tax increase in history.
Read the story35 minChevy Volt's Sticker Shock and Range Anxiety
When in 2003 General Motors killed the electrically powered EV1 , the auto-maker was accused of conspiring with the oil industry and Washington politicians. Now, to the applause of environmentalists — and with the promise of tax rebates — GM is unveiling another electric car, the Chevy Volt , with a price tag of $41.000.
Read the story8 min
