Hold Everything: House Republicans Oppose 2-Month Payroll Tax Deal

By: Sunday December 18, 2011 10:39 am

You could see this one coming. John Boehner empowered Mitch McConnell and Harry Reid to come up with a compromise on the payroll tax cut and other expiring measures which could break a filibuster in the Senate. They couldn’t get the full-year measure done, so they agreed to a two-month extension with a pay-for and [...]

Senate Passes Two-Month Extension for Payroll Tax Cut, Unemployment Benefits, Doc Fix

By: Saturday December 17, 2011 8:41 am

The Senate approved a short-term extension of the payroll tax cut, unemployment benefits and a fix to physician’s Medicare reimbursement payments for two months. The final vote was 89-10. These are clean extensions that punt the larger extension into next year, when this entire debate will repeat itself at the end of February. There are [...]

More Details on Omnibus Spending Bill Passing Congress Today

By: Friday December 16, 2011 11:38 am

Now that we know the state of play on the one year-end bill left outstanding, let’s redirect to the one that’s moving through the system currently. The House just passed the omnibus appropriations bill, funding all government agencies through the rest of the fiscal year, until September 30, 2012. It’s on to the Senate, where [...]

Spending Deal Set, Two-Month Payroll Tax and UI Extension Floated

By: Friday December 16, 2011 6:21 am

Lawmakers agreed last night to a $1 trillion omnibus spending package, which will fund the government for the rest of the fiscal year, until September 30, 2012. The agreement eliminates some but not all of the policy riders that Republicans coveted in the deal. A deal on a $1 trillion spending bill was reached after [...]

Slight Movement But No Resolution in Omnibus, Payroll Tax Fights

By: Thursday December 15, 2011 10:56 am

Let’s try to get our heads around what’s happening in the government shutdown/payroll tax cut/unemployment insurance Congressapalooza fight: • The House seems prepared to move forward on their omnibus spending bill, passing it and throwing it in the Senate’s lap. However, they will need to pass it entirely with their own members, because Nancy Pelosi [...]

White House Wants Short-Term Funding, Has Problems With Omnibus

By: Thursday December 15, 2011 7:05 am

It’s Thursday. The government runs out of money on Friday. And there doesn’t appear to even be negotiations on resolving the impasse, which is tied up in the year-end extensions of the payroll tax cut and unemployment insurance. So the odds of a government shutdown are quite high. Last night, the White House released an [...]

Democrats Undertake Inevitable Elimination of Millionaire’s Surtax

By: Wednesday December 14, 2011 2:14 pm

It’s supposed to be news, for some reason, that Democrats may dump the millionaire’s surtax at the heart of their offsets for payroll tax cut legislation. Democratic lawmakers are considering whether to jettison their demand for a millionaires’ surtax, which they had hoped to use to cover the cost of a Social Security payroll tax [...]

Senate Floor Tactics Reveal Large Divide Over Payroll Tax Legislation

By: Wednesday December 14, 2011 10:16 am

The Republican plan continues to be to try and jam the Senate with the House-passed payroll tax cut legislation, by going home for the rest of the year and forcing Senate Democrats to decide whether everyone gets a tax increase next year. The House can only do that if they finish the bill funding the [...]

Reid Heads Off Republicans, Ties Payroll Tax/UI Bill to Omnibus Spending Package

By: Tuesday December 13, 2011 10:55 am

Senate Majority Leader Harry Reid is attempting a high-stakes gamble, tying the payroll tax/unemployment insurance legislation that the House will vote on today with the omnibus spending bill to avoid a government shutdown. Without compromise on the former, according to Reid, the latter cannot pass. Here are some remarks from Reid on the Senate floor [...]

House-Senate Agreement Reached on Omnibus Spending, Defense Authorization Bills

By: Tuesday December 13, 2011 7:01 am

Two major year-end pieces of legislation were readied yesterday, and in this case, House and Senate negotiators reached agreement on the measures, expecting to pass them by the end of the week. First, appropriators agreed to a $1 trillion omnibus spending bill covering the rest of the fiscal year (to September 30 of next year) [...]

House Republicans Face Difficulty With Omnibus Spending Bill

By: Monday September 19, 2011 8:55 am

Instead of harping on deficit plans and jobs bills that probably won’t happen, let’s take a look at the 2012 spending bill which must. In two weeks, the fiscal year 2011 ends, and FY2012 begins. There is no way that all 12 federal spending bills will be passed by that time; in fact, only one [...]

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