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NEWS ABOUT: payroll taxes

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Payroll Tax Deal: $20 a Week in Paychecks

Tentative deal emerges in House-Senate talks

(AP) - House-Senate talks on renewing a payroll tax cut that delivers about $20 a week to the average worker yielded a tentative agreement today, with lawmakers hopeful of unveiling the pact tomorrow and sending the measure to President Obama as early as this week. Under the outlines of the emerging agreement,... More »

House GOP Caves, Backs Payroll Tax

Boehner and Co. say they'll accept tax cut without paying for it elsewhere

(Newser) - House Republican leaders have surprised and angered rank-and-file lawmakers by abruptly backing down from demands that a 10-month extension of the payroll tax cut be paid for with cuts elsewhere. GOP leaders are wary of holding up a tax cut for 160 million Americans in an election year, Politico notes,... More »

GOP Fell Into Democrats' 'Trap' on Payroll Tax

Looked 'heartless' as Obama seized advantage: Charles Krauthammer

(Newser) - Republicans really blew it in the payroll tax debate—both in terms of policy and politics, writes Charles Krauthammer. For one thing, the two-month extension simply doesn't make sense: It requires businesses to plan for "two-thirds of a one-quarter tax-holiday extension." More importantly, for Democrats, it was... More »

House Passes Payroll Tax Cut Extension

Measure heads to Obama for his signature

(Newser) - Americans will have something additional to toast to on New Year's Eve: The first day of 2012 will begin with the payroll tax cut firmly—albeit temporarily—in place. The House today green-lighted a two-month renewal of the cut and unemployment benefits, passing it by a voice vote in... More »

House Expects to Clear Payroll Tax Cut Today

Though it's possible dissenting members could delay things

(Newser) - The payroll tax cut deal is expected to be ratified today, with congressional leaders planning voice votes that would require just a handful of members to be present, the Washington Post reports. Politico notes that the House will be using unanimous consent rules, however, meaning a dissenting member could force... More »

House Frosh May Balk at Payroll Deal

Angry Republicans could force House to reconvene

(Newser) - Most members of Congress have already headed home for the holidays, but a few freshmen Republicans in the House are so unhappy with the last-minute payroll tax deal that they might return to Washington to try to derail it. At least two freshmen legislators (Mo Brooks and Mike Kelly) have... More »

House GOP Agrees to Payroll Tax Cut Deal

John Boehner reluctantly agrees to two-month extension

(Newser) - Get ready for a lot of "Boehner blinks" headlines. House Republicans have agreed to a two-month extension of the payroll tax cut after all, reports CNN . "Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1,"... More »

Obama to House: 'This Is About People'

President raises pressure for payroll tax cut

(Newser) - President Obama tried to turn the screws a little tighter on House Republicans today by showcasing people who said they'd be hurt if the payroll tax cut fails to go through. He again used the $40 argument , the average amount people would lose from their paychecks, reports the AP... More »

Out of Congress, Ideas but No Compromise

Mitch McConnell, John Boehner, Dave Camp talk payroll tax cut

(Newser) - The theme of the day is compromise—at least, politicians offering their ideas about what a compromise should look like, without deciding to actually compromise. Senate Republican leader Mitch McConnell came out with one of his own, in what Politico describes as "a blow to House Republicans." McConnell'... More »

Americans to Congress: Do Your Job

Public frustration over gridlock, politics hits new highs

(Newser) - Congress has been extremely unpopular for some time , but Washington's inability to pass a payroll tax cut extension before adjourning for the holidays appears to have people disgusted like never before, reports the AP . "It's just another smack in our face for the working public. We just... More »

If Payroll Tax Cuts Expire, Here's What Happens...

...according to economists, who share their forecasts with WaPo

(Newser) - We know the "what": The payroll tax cut is set to expire within days, meaning changes to jobless benefits and doctors who treat Medicare patients will kick in, and the average American will miss out on $40 a paycheck . The Washington Post explores the "what does it mean"... More »

Economy Surges, But Trouble Looms

Q4 economy up 3.7%, but slowdown dangers lie ahead

(Newser) - Surging economic data, such as new construction, small business confidence, and initial jobless benefit claims, show the American economy is growing at the fastest clip since the recession started—at 3.7% annualized in the fourth quarter, that's four times faster than it was growing at the start of... More »

Obama Calls Boehner to Press for Payroll Tax Deal

But neither he nor speaker budges

(Newser) - President Obama raised the pressure on John Boehner over the payroll tax standoff with a personal phone call today, reports the Hill . But, surprise, surprise, no magical breakthroughs resulted. From the official accounts, it sounds like the two just spouted talking points at each other—Obama telling Boehner to pass... More »

House Passes Bill... for New Churchill Bust

And Boehner may have cut C-SPAN feed during Dem action

(Newser) - Democrats made a last-minute push to get an up-and-down vote on the Senate’s payroll tax bill this morning, only to have Republicans ignore them—and apparently even cut the C-SPAN feed. As Steny Hoyer called for the vote, speaker pro-tem Michael Fitzpatrick walked away. Hoyer kept yelling, and was... More »

GOP Botched Payroll Tax Fight

The 'Wall Street Journal' can't understand how this happened

(Newser) - The Wall Street Journal is furious with the GOP over the way it has handled what it terms the “ payroll tax fiasco ” in a scathing editorial today. “How did the Republicans manage to lose the tax issue to Obama?” the editors marvel. “GOP leaders have somehow... More »

Obama's New Payroll Tax Pitch: What's $40 to You?

John Boehner, meanwhile, asks Obama to intercede

(Newser) - The White House launched a PR campaign to try to save the floundering payroll tax cut extension last night, asking supporters to chime in with what $40 meant to them—since that’s how much the average family stands to lose per paycheck if the extension doesn’t pass, CNN... More »

GOP Pulls 'Reverse Braveheart' on Payroll Tax

Scots got slaughtered, points out Dana Milbank

(Newser) - Last night, as the House was on the verge of scuttling the payroll tax cut extension , House Republicans gathered in a Capitol basement to talk—Braveheart? “You, Mr. Speaker, are our William Wallace," one rep has said. "Let’s rush to the fight." Besides being a... More »

House Rejects Payroll Tax Deal

Republicans call for talks with Senate to hammer out longer deal

(Newser) - Congress finds itself in a familiar place this afternoon on a key piece of legislation: stuck in partisan gridlock. The House voted 229-193 to reject the two-month extension of the payroll tax cut that cleared the Senate , reports Politico . Instead, House Republicans called for a House-Senate conference to hammer out... More »

Boehner Cancels Payroll Vote

House Republicans revolt, call for conference committee

(Newser) - House Republicans didn’t hold their expected vote on the Senate’s two-month payroll tax cut extension last night, a hairpin turn so abrupt that Politico ’s story on it is headlined, “Has John Boehner Lost Control?” The House had planned to vote down the Senate bill and... More »

House Won't Pass 2-Month Payroll Tax Cut: Boehner

Will instead call for quick talks on one-year extension

(Newser) - The House will reject a Senate-approved plan to extend the payroll tax cut for two months, John Boehner said at a news conference today. The House's plan: to call for immediate negotiations on a yearlong extension that could create "certainty for people who are trying to create jobs,... More »

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