That figure — $40 — has become the Obama administration's rallying cry as it seeks to pressure House Republicans into backing an extension of the payroll tax cut enacted last year — before it expires at the end of the year.
Did you think that now – one day closer the expiration of a payroll tax cut for 160 million Americans – that Congress would be any closer to a deal? Think again. Continue Reading Text Size – + reset Theatrics, partisan jabs, and procedural maneuvers
Given how he and House Speaker John Boehner have handled the payroll tax debate, we wonder if they might end up re-electing the President before the 2012 campaign even begins in earnest. The GOP leaders have
Republicans and Democrats in Congress are deadlocked over a bill to extend the payroll tax cut, with just about 10 days to stop a tax increase for 160 million Americans. House Republicans have so far refused to accept a compromise with Senate Democrats
After weeks of bitter partisan wrangling, the Capitol emptied for the holidays with no sign of negotiation toward a compromise that would save an expiring tax break. As of Jan. 1, the payroll tax cut that has been in place all year