Payroll Tax Cut Renewal Awaiting Approval, Vote

Congressional negotiators have reached a deal to avoid a federal shutdown this weekend.

The House could approve the one-trillion dollar spending bill Friday, and the Senate could vote soon after.

Senate majority leader, Harry Reid says he is confident they'll reach a deal on a one-year extension of the payroll tax cuts, but just in case, work is being done on a plan "B" for a shorter, two month extension.

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  • by JD on Dec 17, 2011 at 06:31 AM
    Hostage BS? Both parties do that everyday, don't pretend it is just one side.
  • by Anonymous on Dec 16, 2011 at 11:33 PM
    Please explain to me, what in heavens name does a Keystone Pipe Line have to do with my Payroll Taxes? here we go again with that Hostage BS. The GOP has got to go in 2012!
  • by WOW!!! Location: USA on Dec 16, 2011 at 06:21 AM
    Here's ONE thing both partys can agree on i.e. SPENDING MORE MONEY!!!! YEAH!!! Let's continue to waste money on other things too e.g. Drug War, Defense spending at "Cold War" levels, broken health care delivery system, etc. etc. It's a shame, but once Europe is in a severe recession and the EU breaks up, guess who's going to be in the market's sites?? The US. BOTH partys continue to waste tax payer's money based on rhetoric, and NOT evidenced based practices!! At least when nobody will allow us to continue to urinate money away and continue to lend us money, then and only then will we start to wise up. Unfortuneately, our economy will be trashed. Thanks to BOTH partys being bought and paid for by special interests!! Completely ignoring it's ctizens!! Campaign finance reform will be the ONLY way to take back our country and return it to WORKING folk!! away from lobbyists/PACs! Mark my word, whoever loses in '12, will thank their lucky stars, because our economy is headed to the toilet, Thanks to BOTH party's career politicians!!!!
  • by Obama Snake Oil Co Location: Washington on Dec 16, 2011 at 05:21 AM
    Well folks, its now up to democrats to put their money where there mouth is. Who will be the party of no this time?
    • reply
      by Barlow on Dec 16, 2011 at 05:39 AM in reply to Obama Snake Oil Co
      Here is the repug proposal: "Republicans have proposed paying for the plan by paring jobless aid and increasing Medicare premiums for wealthier seniors" I actually like the part about increasing Medicare premiums for wealthier seniors, but I don't see why the unemployed should receive less when those making over a million dollars a year don't need to pay a dime. You are half way there Repugs! C'mon show us that you are NOT just the party of the Greedy Old People,
      • reply
        by ? on Dec 16, 2011 at 08:57 AM in reply to Barlow
        What I want to know is what is wrong with putting unemployment back to its original figures, especially when there’s a report nearly everyday about how all these people are being hired in almost every state, isn’t that enough of a reason to cut the unemployment benefits or are all those reports lying? I think the biggest issue when it comes to unemployment is the fact that many people refuse to change their high income lifestyle even when they are using unemployment benefits, so thus they keep asking for more even though they already blew thru what they paid in. Sorry, but at that point you need to cut them off because they are actually burning thru tax payer money, which isn’t what it’s supposed to be used for. And again this isn’t any of that “it only uses 1% of the budget” dribble I hear every single day, seriously how many others things only use that ‘1%’ of the budget? It’s a list of almost four hundred different benefits and giveaways, but they all only use ‘1%’, that is an outright lie!
  • by Barlow Location: Winterville on Dec 16, 2011 at 05:16 AM
    You gotta hand it to those Repugs, they are consistent if nothing else. When they say not a penny from the rich, that is exactly what they mean. On the other hand, a tax cut extension for the middle class, that is just not something they can get behind. After all, who are the working class and poor going to "trickle on"?
    • reply
      by JD on Dec 16, 2011 at 08:30 AM in reply to Barlow
      Oh, the "rich" pay plenty, just ask any small business owner. And therein lies the problem with the current tax system: it is so friggin complex no one understands it, and there are thousands of ways to cheat the system (whether you are poor or rich). I may not have been fully behind Cain's 9-9-9 plan, but it is certainly worth debate. Scrap the current system, institute a tax of X% for everyone over the poverty line, and something less than X for everyone under the poverty line. No deductions. Everyone pays something, and the system is completely transparent. The only loosers would be tax attorneys and politicians who love playing the class warfare game.
      • reply
        by Barlow on Dec 16, 2011 at 09:02 AM in reply to JD
        You are right that the current system needs to be scrapped, but the reason for the complexity in the tax code is that lobbyists basically bribe congress to make changes in the tax law that benefits who they represent. These "loopholes" let the industries the lobbyists represent get out of paying. Take the money out and get rid of the lobbyists first, or whatever you do will be corrupted again in the same manner.
        • reply
          by Anonymous on Dec 16, 2011 at 01:00 PM in reply to Barlow
          Yes, that is the eternal problem. It's not just industry those lobbyists represent, it is every little group you can imagine. I here what you are saying, though I'm uncertain how to proceed. I certainly don't want to restrict the first amendment rights of an individual or a spokesperson or other entity (dare I say a lobbyist) representing a group of individuals of like concerns to petition our government. I'm undecided on this one. Perhaps term limits would help, not that they would pass it in a million years. Same for repealing the 17th amendment (provides for the direct election of US senators by the people). That would be problematic because most citizens would see it as a loss of their rights, but I think it would indirectly empower them more by empowering their state government. But I digress, this is getting off topic.
    • reply
      by Democrats too!! on Dec 16, 2011 at 09:15 AM in reply to Barlow
      Face it, Dems love to waste money just as much as the left and YOU know it!! BOTH are bought and paid for. Why don't you team up with Obama Snake Oil Co. and you two can voice y'all's propaganda while your career politicians fiddle while the US burns. It's funny, there is not a penny's worth of difference between you two!! Both are blind to how your party sell us out daily!! BOTH are at fault for where this country is today! and BOTH of you are either too stupid or proud to admit your party are sell outs!!! It's ironic and sad how similar y'all are!!!sad because there are so many saps like y'all!!!Blind to our monarchy, when so many gave so much for a democracy!!

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