Payroll tax deal could come as soon as tonight By Bernie Becker
Negotiators could close a deal to extend the payroll tax cut, emergency unemployment benefits and the Medicare reimbursement rate for doctors as soon as tonight, a source with knowledge of discussions said Tuesday.
The source said that lawmakers in both the House and Senate were showing “real signs of progress” on a package that would extend the payroll tax cut without paying for it, a concession House GOP leaders signaled they could back on Monday.
Extending emergency unemployment insurance and the Medicare “doc fix,” which combined cost roughly $50 billion to $60 billion, would be offset elsewhere in the budget.
Another 10 months of the payroll tax cut would cost roughly $100 billion, and all three items are set to expire at the end of the month, unless Congress reaches a deal.
This just in! Karen Finney, former Communications Director of the Democratic National Committee and now political analyst for MSNBC just revealed why Republicans hold the Keystone XL Pipeline so dear and were willing to vote for an increase in income taxes for 160 million hard-working Americans: Remember who Grover Norquist is? Regular readers of this blog will. If you are new please use the SEARCH feature on this page and read about the man who has secured written pledges from Republicans in Congress NOT TO RAISE TAXES in their lifetimes. Now we know that these pledges were meant for the pocketbooks of millionaires and billionaires, but, through their maneuvering, House Speaker, John Boehner and House Majority LeaderEric Cantorhave RAISED TAXES ON THE MIDDLE-CLASS! THAT MEANS YOU! Beginning January 1, Republicans have raised your taxes by $1000! Many on unemployment have had their benefits reduced. Seniors’ healthcare is in jeopardy because federal repayments to doctors who treat Medicare patients might(?) be reduced. Well, why did Republicans were so passionate about including the clamor over the Keystone XL Pipeline in this mix? Because they all are about money? Not exactly. According to
Karen, the Keystone XL Pipeline is a client of one, Grover Norquist, Republican lobbyist and head of Americans for Tax Reform! So, people, the dots are all connected. This is why John Boehner’s constituents demonstrated against him at his local office and were refused admittance. This is why our approval rating of the Congress is at an all-time low of 11%! This is why so many Americans think our politicians are crooks! THROW THE BUMS OUT!
We can never forget the most famous Republican crook in history:
It’s not expected to become law, but the fight over President Obama’s 2013 budget and the ideas in it has nevertheless begun. In an address at a community college in Annandale, Va., the POTUS announced his plan for the fiscal future that was more like a reelection speech, and recalled the confidence he had during his 2008 campaign. He touted that “over the last 23 months, we’ve added 3.7 million new jobs,” he said. “The recovery is speeding up. He called for more taxes on millionaires, including on the dividends they make, saying it’s “not class warfare” but “common sense.” The budget that he unveiled will call for $3.8 trillion in spending, and exceeds his promise of annual deficits of $600 billion every year, showing that Obama wants to put austerity on hold and put the economy back on track. The president said legislative complacency is not an option, and called on lawmakers to pass a further extension of the payroll-tax cut before this month “without drama and without delay and without linking it to other ideological issues.” Good luck with that.