When you get your paycheck on Friday, you may do a double-take at your new take home pay. Millions of Americans will see their paychecks go down after Congressional leaders allowed the payroll tax cut to expire at the beginning of the year.
Congressional leaders are patting themselves on the back Wednesday after finally passing a bill dealing with the fiscal cliff. The bill prevented most tax hikes for middle-class taxpayers, but that doesn’t mean Uncle Sam won’t be taking more out of your paycheck.
While much of the focus with the ongoing austerity crisis on Capitol Hill has been overall tax rates, both President Barack Obama and Republican Speaker of the House John Boehner have agreed on one tax principle: ending the payroll tax holiday.
Stop us if you’ve heard this one before: a possible starter with the Miami Marlins has been traded for a minor leaguer. It’s déjà vu for Marlins fans as the team dealt shortstop Yunel Escobar to the Tampa Bay Rays Tuesday night.
Miami Marlins owner Jeffrey Loria’s fire sale not only angered fans, but also fellow owners who now have a much harder road to hike if they ever want to secure public funding for a new stadium.
The United States Postal Service is in dire need of money and have turned to Congress, including South Florida Representative Mario Diaz-Balart, to help get its financial house in order.
A budget crisis in Broward County has top officials pushing Sheriff Al Lamberti to cut $50 million from his budget.
Broward County’s Sheriff’s Office spent almost that much in overtime last year, nearly $30 million.
And the CBS4 I-Team discovered that Broward County’s neighbor, Miami-Dade Police Department spent more than twice what Broward County’s Sheriff spent in overtime.