Posts Tagged ‘Tax cut’

President Obama urges Congress to extend the payroll tax cut to prevent a tax hike on 160 million hardworking Americans. Related articles President Obama asks America to make its voice heard on payroll tax cut (dailykos.com) Deadline For Payroll Tax Cut Looms, Obama Pushes For Extension (businessinsider.com) Obama, GOP spar over economy in weekly addresses [...]

Brian Beutler, senior congressional reporter for Talking Points Memo, breaks down the backlash against Speaker John Boehner and House Republicans who blocked the payroll tax cut compromise bill and speculates how their political misstep could prove beneficial to the Democrats. Beutler remarks, “I haven’t talked to a Republican on the Hill or a Republican aide [...]

Republicans continue to insist on protecting tax cuts for the wealthiest Americans, preventing Congress from reaching an agreement to further reduce our deficit.    Related articles Obama: I’ll Veto Any Effort To End Triggered Spending Cuts After Super Committee Fail (mediaite.com) There Was Nothing Super About This Committee (themoderatevoice.com) Breaking: Super Committee declares defeat (hotair.com) [...]