Payroll
Democrats, Republicans squabbling over renewing, expanding payroll tax cuts
It should come as no surprise that Democrats and Republicans are disagreeing. President Barack Obama has a proposal on the table to extend the existing cuts and expanded to employers, and Democrats are coming around to the idea. But they disagree vehemently over how to pay for it.
Democrats pushing Republicans to extend payroll tax cuts
Democrats are hoping to use the millionaire’s tax to push through an extension in President Barack Obama’s payroll tax cuts. So far, though, Republicans are resisting the idea of the millionaires tax, though they may be willing to use other means to keep the tax cut in place.
Top of the Hour: Payroll Tax Deal, Morning Headlines
The House and Senate could vote tomorrow on the $ 150 billion payroll tax cut extension after Congressional negotiators put the final touches on the deal late last night. Or, to be strictly accurate, a deal reached early this morning: Todd Zwillich Takeaway’s Washington correspondent, tells us about the deal.
A Closer Look at the GOP’s Payroll Tax Cut Deal
After months of squabbling, congress has reached a tentative deal on an extension of the payroll tax cut and jobless benefits that would last until the end of the year. Initially the GOP said they would not approve an extension unless it was financed by other spending cuts, but have since rescinded that position. So […]
GOP Leaders May Agree to Extend Payroll Tax Cut
Despite months of partisan bickering, plans to extend the payroll tax cut have remained at an impasse – and all the while, the end-of-the-month expiration date was drawing nearer. But Monday afternoon, GOP leaders reversed their stance and agreed to extend the payroll tax cuts for another ten months beyond February. They have also rescinded their […]