17 Stories

Congress Strikes Payroll Tax Deal

Pension, health care issues final sticking points

(Newser) - Congressional negotiators have reached a deal on a $150 billion economic bill that will extend the payroll tax holiday through the end of the year, while also extending unemployment benefits and preventing an automatic cut in doctors' Medicare reimbursements. Congress could vote on the bill as soon as today, the... More »

Obama 'Open' to Tax-Cut Compromise

President may be willing to give ground after midterm losses

(Newser) - In what promises to be an, ahem, interesting dinner party, President Obama will meet with both sides of the aisle at a Nov. 18 White House dinner—during which tax cuts will be at the top of the agenda. What's more, the White House may be willing to compromise in... More »

Note to Rand: How Do You Spell C-o-m-p-r-o-m-i-s-e?

Battle for Tea Party soul will pit extremists against pragmatists in DC

(Newser) - Eyeglass-doctor-turned-Kentucky-senator Rand Paul faces a massive learning curve in a complicated arena where compromise and strategy is the name of the game, note the Christian Science Monitor . Paul is perhaps the Tea Party's most fervent idealog of any of last night's victors. He doesn't have much of a chance of... More »

The Center Gets Shafted, the 'Base' Rules

DC stuck in neutral because no one 'governs from the center'

(Newser) - The US itself isn’t becoming more “polarized”—proportions of conservatives, moderates, and liberals remain at about 1992 levels—but policymaking is. Why? Robert Samuelson outlines four reasons for RealClearPolitics :
  1. Politicians are leaning more on “activist ‘bases’” for votes and cash ... which often results in
... More »

Obama Ready to Compromise on Finance Reform

Would sacrifice standalone consumer agency to pass bill

(Newser) - The Obama administration says it’s willing to scrap elements of its financial regulatory reform effort—particularly a standalone consumer protection agency—if it’ll help the bill sprint through Congress. Republicans have complained that a standalone agency would be a new bureaucracy, so team Obama says it’s open... More »

White House Telling Me to Zip It: Stupak

Rep predicts Senate abortion language won't pass House

(Newser) - The White House would really rather Bart Stupak keep his opinions about the abortion funding “compromise” in the Senate health care bill to himself, but the staunch rep isn’t playing ball. “They think I shouldn’t be expressing my views on this bill until they get a... More »

Let's Hope Baucus Doesn't 'Gum Up' Climate Bill

He's already trying to water down

(Newser) - Now that his committee is done with health care reform, Max Baucus has time to turn his attention to the climate bill. As a member of Barbara Boxer's environmental panel, "his ability to gum up the works is significant," writes Kate Sheppard . Essentially, he may do to the... More »

After Big Promises, Has Obama Gone Soft?

Prez seems quite willing to compromise—"even capitulate"

(Newser) - During the campaign, President Obama promised sweeping changes and a new way of doing things in Washington—but in the Oval Office, he’s been noticeably willing to compromise, write David Herszenhorn and Jackie Calmes in the New York Times. While he’s not dropping his chief concerns, “The... More »

Stimulus May Pick Up More GOP Votes

But not enough to be anything like bipartisan

(Newser) - The passage of the stimulus is a done deal, but that doesn’t mean the votes on the compromise measure won’t be interesting. Democrats are hoping to bring more Republicans on board, reports Chris Cillizza of the Washington Post. All three GOP senators who backed the original Senate bill... More »

Compromise Stimulus Means Short-Term Pain

Unemployment will climb, recession will last until end of 2009

(Newser) - The final version of the economic stimulus package will provide less immediate support for the economy than Barack Obama had hoped, reports the Wall Street Journal, and makes it likely that the US will remain in recession through 2009. The $790 billion deal cuts aid to state and local government... More »

Deal Reached on Bailout

Bill would address exec salaries, hold equity stake for taxpayers

(Newser) - Congress and the Bush administration have agreed on a preliminary plan for the $700 billion bailout bill, Washington leaders said after emerging from talks after midnight this morning. Though details need ironing out, “I think we're there,” announced Treasury Secretary Henry Paulson. Work was to continue with a... More »

New Compromise Close on Bailout Bill

Plan would include optional insurance-based protection

(Newser) - Washington is nearing a new compromise on a Wall Street bailout plan, the Wall Street Journal reports, this one aiming to reel in House Republicans who rebelled Thursday against the bill that had been hammered out by congressional negotiators. The new plan would incorporate the group's alternative model—using an... More »

How McCain Became a Senate Power

After 2000 defeat, he remade himself as master dealmaker

(Newser) - Prior to his 2000 bid for the White House, John McCain spent more time mocking his fellow senators than compromising with them. But after his defeat, the Arizona legislator returned to the Senate with a softened demeanor and got down to the business of legislation. The New York Times looks... More »

GOP Charts Offshore Drilling Compromise

Rising energy costs may sway moderate Dems to cross lines

(Newser) - Senate Minority Leader Mitch McConnell is trying to forge a bipartisan coalition on domestic oil drilling, Politico reports. Republican senators believe they can sway enough moderate Democrats on an amendment to end a federal ban on coastline drilling—allowing a dramatic shift in US energy policy, and reaping a big... More »

Supporters Blast Obama on His Own Website flooded with protests over FISA flip-flop

(Newser) - Barack Obama’s abrupt about-face on new FISA legislation that would grant immunity to telcos that aided the Bush administration in warrantless wiretaps has some supporters hopping mad—and they’re using the forums on the candidate's own website to protest, the New York Times reports. During the primaries Obama... More »

Candidates Reject Fla. Delegate Compromise

Compromise plan would have split up delegate slate

(Newser) - The Obama and Clinton campaigns rejected a compromise plan for seating Florida’s delegates—half according to its illicit January primary and the other half based on national vote totals or delegate counts. Sunshine State lawmakers are demanding their state get some sort of say in the tight Dem race;... More »

Bush Pitches $145B in Tax Relief

Stimulus plan includes business incentives, individual rebates

(Newser) - President Bush today called for a $145 billion stimulus package to stop the economy from sliding into a recession, the Wall Street Journal reports. A bipartisan plan loaded with compromises is likely in the near future. Valued at 1% of GDP—and in line with dollar amounts suggested by the... More »

17 Stories