White House orders new Iran sanctions


FILE - In this Feb. 2, 2012 file photo, President Barack Obama speaks in Washington. Politicians of all stripes in this election year are clamoring for simplifying the tax code and closing loopholes. But that would mean Americans could lose some of their prized deductions. Tax reform does sound like a good idea to lots of people, but where to start? Eliminate the deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax? Not likely. In fact, none of the major tax overhaul proposals now on the table seems likely to be enacted given the current political situation in Washington and the country. (AP Photo/Susan Walsh, File)The White House announced new Iran sanctions Monday amid a continuing impasse in international efforts to pressure Iran to curb its nuclear program. President Obama issued the sanctions in an executive order Sunday.



World News Headlines – Yahoo! News


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Posted by on Feb 6 2012. Filed under TOP NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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