Originally published on Wed October 24, 2012 6:23 pm
In coming months, Congress will begin an epic struggle to get the federal budget deficit under control. One tax break almost certain to come into play is the mortgage interest deduction.
Both President Obama and his Republican rival, Mitt Romney, have suggested ways to scale back the deduction's value for wealthy taxpayers. And many economists are cheering them on, saying that now — when interest rates are low — would be a great time to reduce or even phase out the deduction.
Originally published on Wed October 24, 2012 1:35 pm
Pundits and prognosticators have long opined about President Obama's built-in advantages in Nevada, where he captured more than 55 percent of the vote in 2008. And with good reason.
Democrats have a commanding voter registration lead, including among Latinos, and Obama's on-the-ground effort is fueled by the 55,000-member Culinary Union and Nevada Sen. Harry Reid's formidable state party organization.