President Obama Lights the National Christmas Tree


 

 
 
 
 
 
 
President Obama speaks before the lighting of the National Christmas Tree on the Ellipse. December 6, 2012

West Wing Week … Photo of the Day: In Step on the Colonnade


President Barack Obama and First Lady Michelle Obama walk along the Colonnade of the White House, Dec. 6, 2012. (Official White House Photo by Pete Souza)

President Barack Obama and First Lady Michelle Obama walk along the Colonnade of the White House, Dec. 6, 2012. (Official White House Photo by Pete Souza)

West Wing Week: 12/07/12 or “I Have To Pinch Myself”

This week, the President visited a toy factory, hosted Kennedy Center Honorees, held the 2012 White House Tribal Nations Conference, welcomed the Prime Minister of Bulgaria, answered questions live on twitter, spoke on National Security achievements, visited a family who had written the White House, and lit the National Christmas Tree.

Watch this edition of West Wing Week.

.West Wing Week: 12/07/12 or "I Have To Pinch Myself"

In Case You Missed It
Here are some of the top stories from the White House blog:The Employment Situation in November
While more work remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to heal from the wounds inflicted by the worst downturn since the Great Depression.

Tiffany Shared What $2,000 Meant to Her … and the President Stopped by to Talk About It
Yesterday, President Obama visited one of the 114 million American families who would see their taxes go up next year if Congress fails to extend the middle-class tax cuts.

Hispanic-American Families Just Can’t Afford Tax Increases
If Congress fails to act, the median Hispanic family of four would see their income taxes rise by $2,200. An astounding 99 percent of Hispanic families will be affected.

Meet Tiffany and Family


The White House

Over the last week we’ve asked you what $2,000 more in taxes would mean to you and your family, and we’ve already received more than 370,000 responses — including one from Tiffany.

Today, President Obama will meet Tiffany and her family in their Northern Virginia home, where he’ll talk more about why it is so important for Congress to pass the middle-class tax cuts before the end of the year, both for families like hers and our economy.

Meet Tiffany, and find out why $2,000 means so much to her family.

Video: Meet Tiffany

In Case You Missed It
Here are some of the top stories from the White House blog:President Obama Speaks to the Business Roundtable
Yesterday, President Obama spoke to members of the Business Roundtable, an association of CEOs of American businesses, and reiterated his plan to extend tax cuts for middle-class families.Watch: President Obama’s Twitter Q&A on #My2k
From the Roosevelt Room of the White House Monday, President Obama connected directly with Americans via Twitter, where he answered questions about extending middle-class tax cuts.

Continuing the Progress in Tribal Communities
Yesterday, President Obama hosted the 2012 White House Tribal Nations Conference at the Department of Interior. This conference continued to build upon the President’s commitment to strengthen the government-to-government relationship with Indian Country

Congressional Budget Office


Letter to the Honorable Darrell E. Issa Providing Additional Information About CBO’s Cost Estimate for H.R. 4872

This letter responds to Chairman Darrell E. Issa’s request for information about CBO’s March 20, 2010, cost estimate for H.R. 4872, the Health Care and Education Reconciliation Act of 2010, in combination with H.R. 3590, the Patient Protection and Affordable Care Act.

Taxing Businesses Through the Individual Income Tax

Since the individual income tax was instituted in 1913, the profits of most businesses have been allocated, or “passed through,” to their owners and subjected to that tax—rather than to the corporate income tax. However, most business activity (specifically, the total revenue that businesses receive as receipts from sales of goods and services) has occurred at firms subject to the corporate income tax (C corporations) because those firms tend to be larger than pass-through entities.

 

CBO Releases Report on Taxing Businesses Through the Individual Income Tax

Over the past 30 years, the activity of businesses that are subject to the individual income tax has grown compared with that of businesses subject to the corporate income tax. That shift has reduced federal revenues but probably promoted overall investment and a more efficient allocation of resources.

NMAAHC


NMAAHC -- National Museum of African American History and Culture

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 Dear Friend of the Museum,I want to thank you for making 2012 an exciting year of progress for the Museum.

It has been a busy, productive year.

  • Our critically acclaimed new exhibition, Slavery at Jefferson’s Monticello: Paradox of Liberty, was enjoyed by tens of thousands of visitors.
  • Our collections now number more than 19,000 historic objects and artifacts — and still growing!
  • And since the membership program began in August 2009, nearly 42,000 people throughout the nation — and around the world! — have joined in support of building the National Museum of African American History and Culture.

Of course, the biggest event over the past 12 months was our groundbreaking in February. It was marked by a special ceremony attended by President and Mrs. Obama, and featured speeches by the President and other dignitaries. This event stands as one of our major milestones and accomplishments thus far.

Today, our future site on the National Mall is a hive of activity. The bulldozers, backhoes and other construction equipment are drawing a lot of attention from people visiting the Capitol, the national monuments, and the museums that line the Mall.

I cannot begin to tell you how excited we are knowing that in 2015, the National Museum of African American History and Culture will open its doors and take its place among the great family of Smithsonian institutions — provided we continue to progress on schedule.

Your support is vital to the Museum. Now, before we ring in the New Year, I hope you will consider making a special year-end contribution and help ensure we stay on schedule. Remember, your gift is tax-deductible to the full extent of the law — so, while you are helping the Museum, you are benefiting with a tax deduction, too.

Let me take this opportunity to wish you and yours all the best in the coming year. Thank you for your kind generosity to the Smithsonian’s National Museum of African American History and Culture — and for making this dream a reality.

Adrienne Brooks Sincerely,
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Adrienne C. Brooks
Director of Development
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