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Clinton Vetoes Tax Cut but Seeks Accord
President Clinton vetoed the $792 billion Republican tax cut today, but called on a skeptical Congress to reach a bipartisan compromise with him on taxes, domestic spending and the long-term financing problems facing Medicare and Social Security. With Congress and the White House headed for a showdown in coming weeks over spending priorities for - Pres Clinton vetoes $792 billion Republican tax cut, but calls on skeptical Congress to reach bipartisan compromise with him on taxes, domestic spending and long-term financing problems facing Medicare and Social Security; photo (M) - By RICHARD W. STEVENSON
chris - Holiday showdown over payroll tax tests Obama, GOP
The House rejected legislation to extend a payroll tax cut and jobless benefits for two months, drawing a swift rebuke from President Barack Obama that Republicans were threatening… ... Stuck in a stalemate, President Barack Obama and his Republican rivals are slugging it out in Washington rather than reaching for a holiday season accord to prevent payroll taxes from going up on 160 million workers. The tax ... "Now let's be clear," Obama said at the White House. ...
Divided lawmakers muster modest tax deal
The deal, which still needs approval of the full Senate and House of ... to fight for a payroll tax cut for wage earners and tax hikes on the wealthy to pay for it -- two arguments that play well with Democratic voters. It was not clear how Fridays ...
Boehner to Senate: Lets bargain on payroll tax
WASHINGTON - House Republican leaders are renewing their call for the Democratic-led Senate to bargain with them and try to end the stalemate over extending a payroll tax cut and jobless ... for a holiday season accord to prevent payroll taxes ...
Senate leader urges Boehner: Reconvene House, OK Senate compromise ...
... Reconvene House, OK Senate compromise on payroll tax cut ... reaching for a holiday season accord to prevent ... be clear," Obama said at the White House. ...
House GOP rejects 2-month payroll tax cut
House Speaker ... Even the Senate’s proposed two-month extension was creating headaches because it contained a two-tiered system geared to ensuring that higher-income earners paid a higher rate on some of their wages, according to ...
House, Senate reach accord on payroll tax cut renewal
Boehner said he expects both House and Senate to pass a new bill by Sunday that ... The developments were a clear win for Obama. The payroll tax cut was the centerpiece of his three-month campaign-style drive for jobs legislation.
Wall Street Insider – Financial News, Headlines, Commentary and Analysis – Hedge Funds, Private Equity, Banks
She may curtail future purchases if she’s unable to use cash, d’Andrea said. House, Senate Clear Payroll Tax Accord (WSJ) The House and Senate on Friday approved a two-month extension of the payroll-tax cut, averting an increase that would have left ...
Senate leaders reach last-minute accord - Yahoo! Finance
... Senate leaders agreed on compromise legislation Friday night to extend Social Security payroll tax cuts ... clear separate spending ... House, Senate payroll tax ...
Senate leaders reach last-minute accord - KSNT.com - News, Weather ...
Senate leaders reach last-minute accord. ... require House passage before ... extension of the Social Security payroll tax cut that cleared the Senate over the ...
Senate Leaders Reach Last-Minute Accord - ABC News
Senate Leaders Reach Last-Minute Accord. ... Social Security payroll tax cuts and jobless ... House Speaker John Boehner and Senate ...
Analysis: Dems hope for campaign edge on tax issue
With the payroll tax scheduled to return to 6.2 percent on Jan. 1, the GOP-controlled House and Democratic-controlled Senate have been unable to reach an accord. The Senate approved a two-month extension of the lower rate last weekend and ...
House, Senate at odds over payroll tax cut
3 days ago ... House Republicans said Sunday they oppose a bipartisan, Senate-approved bill that extends a payroll tax cut and jobless benefits for just two ...
Senate leaders reach last-minute accord | cleveland.com
6 days ago ... House passage is also required before the measure can reach Obama's desk. ... Racing to adjourn for the year, lawmakers moved quickly to clear ... 7 that "any effort to try to tie Keystone to the payroll tax cut I will reject. ...
The Dedicated Short » Opening Bell: 12.23.11
House, Senate Clear Payroll Tax Accord (WSJ) The House and Senate on Friday approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with less take-home pay next year. ...
TAXING MATTERS; A Call for Sacrifice, and the Answer Is No
LEAD: Coalition government, or at least Americas de facto version of it, collided with representative democracy on the floor of the House of Representatives early Friday morning, and after the crash the grand budget compromise so painfully wrought by top Congressional leaders and the Bush Administration lay in ruins. Coalition government, or at - By SUSAN F. RASKY
NYT: House makes temp deal on spending
But an accord on extending a payroll tax holiday due to expire at the end of ... CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governors race. Tags do not compound: that is, "education ...
Boehner to Senate: Lets bargain on payroll tax
... for a holiday season accord to prevent ... clear," Obama said at the White House. ... to any new payroll tax regimen. Even the Senates proposed ...
NEWS ANALYSIS; With New Tax Bill, A Turning Point For the President
WASHINGTON -- With the stroke of a pen, President Obama on Friday enacted the largest tax cut in nearly a decade and, in the process, took a big step toward reinventing himself as a champion of compromise in a politically fractured capital. When he first struck the deal two weeks ago, a sour Mr. Obama announced it by himself, lamented his own - By PETER BAKER
House, Senate at odds over payroll tax cut
"Its pretty clear I and our members oppose the Senate bill ... Obama administration anti-pollution rules in a yearlong payroll tax bill the House approved ...
Payroll Tax Cut Extension: House, Senate GOP Clash Over Expiring ...
WASHINGTON — Sen. Mitch McConnell does not high-five easily or often. But a deal to keep American workers' taxes from rising on Jan. 1 was reason enough for the coolest negotiator in the Senate to lift a hand on camera and slap ... Senate Democratic leader Harry Reid made clear he had no intention of calling the Senate back into session to vote on that or any other bill. .... lanewsnow House, Senate reach accord on payroll tax cut renewal http://t.co/36wZXzLi ...
House, Senate Pass Two-Month Extension Bill - Kaiser Health News
Wall Street Journal: House, Senate Clear Payroll-Tax Accord The House and Senate on Friday approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with less take-home pay ...
Opening Bell: 12.23.11 « Dealbreaker: Wall Street Insider ...
House, Senate Clear Payroll Tax Accord (WSJ) The House and Senate on Friday approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with less take-home pay next year. ...
THE STRUGGLE IN CONGRESS; ELDERLY SHIELDED FROM BIG INCREASE IN MEDICARE COSTS
House and Senate budget negotiators said today they had agreed on how to shield the elderly from any large increase in Medicare costs, one of the last outstanding issues in the deficit-reduction package Congress and the White House have been laboring on for nearly two months. The agreement involves only a modest increase in Medicare costs for the - By ROBERT PEAR, Special to The New York Times
Payroll Tax Cut Fight: 'Wall Street Journal' Editorial Rips Boehner ...
When the House Republicans blew up a bipartisan Senate plan to continue unemployment insurance and the payroll tax cut for two months, they made it clear that they were willing to use the 99 percent as bargaining chips in their fight to protect the top 1 percent. Joe Peyronnin: Ebenezer Boehner. As Christmas approaches, millions of Americans face a ... lanewsnow House, Senate reach accord on payroll tax cut renewal http://t.co/36wZXzLi · 1 hour ago from dlvr.it ...
Holiday stalemate over increase in payroll taxes tests Obama ...
... for a holiday season accord to prevent ... clear," Obama said at the White House. ... any new payroll tax regimen. Even the Senates proposed two ...
House, Senate pass two-month extension bill
CNN: Congress Passes Payroll Tax Cut Extension The measure cleared the Democratic-controlled Senate and ... quickly sign the accord, allowing him to join his family in Hawaii for his traditional holiday retreat in his home state (Memoli ...
THE STRUGGLE IN CONGRESS; Once Near Accord, Budget Talks Lapse Into Partisan Squabbling
After budget negotiators were on the verge of a compromise over the weekend, the debate over taxes degenerated into partisan squabbling today. Rank-and-file Democrats, who have provided the bulk of the votes for the budget packages so far, proclaimed at party meetings that the final compromise being negotiated by their leaders, Senate Republicans - By DAVID E. ROSENBAUM, Special to The New York Times
JSOnline.com AP News:
... House and Senate move toward a ... a rejection of the bipartisan two-month extension that cleared the Senate over ... He said the payroll tax cut that has ...
In Payroll Tax Cut Clash, Democrats Try To Shame Republicans ...
... we got was coal. Deborah Weinstein: House Republicans: Gambling With Millions of Lives. When the House Republicans blew up a bipartisan Senate plan to continue unemployment insurance and the payroll tax cut for two months, they made it clear that they were willing to use the 99 percent as bargaining chips in their fight to protect the top 1 percent. ... lanewsnow House, Senate reach accord on payroll tax cut renewal http://t.co/36wZXzLi · 1 hour ago from dlvr.it ...
Parties Inch Toward Budget Compromise
Budget negotiators from the White House and Congress met today to lay out their differences on taxes, with Republicans pushing the Clinton Administration to accept bigger tax cuts and abandon some of its proposals for raising money to pay for them. After their third consecutive afternoon of negotiations in a room in the basement of the Capitol, the - Budget negotiators from White House and Congress meet to lay out their differences on taxes, with Republicans pushing Clinton Administration to accept bigger tax cuts and abandon some of its proposals for raising money to pay for them (M) - By RICHARD W. STEVENSON
House, Senate reach accord on payroll tax cut renewal ...
House, Senate reach accord on payroll tax cut ... The developments were a clear win for Obama. The payroll tax cut was the centerpiece of his three-month ...
HOUSE, SENATE CLEAR PAYROLL-TAX ACCORD - WSJ.com
WASHINGTON—The House and Senate on Friday approved a two-month extension of the payroll-tax cut, averting an increase that would have left workers with ...
Senate leaders reach accord on tax cuts
Washington — Senate leaders agreed on ... response to the compromise from the White House, which a few hours earlier had backed away from Obama’s threat to veto any bill that linked the payroll tax cut extension with a Republican demand ...
Senate Leaders Reach Last-minute Accord - Politics - Salon.com
Senate Leaders Reach Last-minute Accord. ... be clear,” Obama said at the White House. ... to any new payroll tax regimen. Even the Senate’s proposed ...
Seeking the Path to a Simpler Code
WASHINGTON AMID deepening concern about the nations long-term fiscal woes, momentum is building for bipartisan negotiations on a broad overhaul of the nations labyrinthine tax code. Americans are now paying less in taxes to the federal government, measured as a percentage of the nations economic output, than at any point since 1950. Projections - By DAVID M. HERSZENHORN
Payroll tax debate continues in Washington as deadline looms
A House vote Tuesday scuttled a bipartisan Senate deal for a two-month extension of all three policies: the payroll tax cuts, jobless benefits and ... “Now let’s be clear,” Obama said at the White House. “The bipartisan compromise ...
Excerpts From News Session by Bush, Watkins and Bennett
LEAD: Following are excerpts from a transcript of President-elect George Bushs news conference with Adm. James D. Watkins and William J. Bennett in Washington yesterday, as recorded by The New York Times through the facilities of ABC Radio News: OPENING STATEMENTS George Bush Following are excerpts from a transcript of President-elect George
Fitzpatrick, House expected to reject tax-cut extension
The Republican-controlled House ... an accord for a full year, thats fine with him. "The President said Congress should stay there until the work is done. I agree with him." The Senate bill, which passed 89-10, would cut the payroll tax ...
Senate leaders reach last-minute accord
S enate leaders agreed on compromise legislation Friday night to extend Social Security payroll tax cuts ... clear separate spending ... House Speaker John Boehner and Senate ...
Senate leaders reach last-minute accord | Full Page
6 days ago ... (12-17) 00:15 PST WASHINGTON (AP) -- Senate leaders agreed on compromise legislation Friday night to extend Social Security payroll tax cuts and jobless benefits for two ... House passage is also required before the measure can reach ... Racing to adjourn for the year, lawmakers moved quickly to clear ...
Congress moves toward standoff over payroll tax
3 days ago ... A House vote was set for Tuesday to seek negotiations on a compromise ... The two-month measure that cleared the Senate, 89-10, on Saturday ... He said the payroll tax cut that has been in effect this year failed to create any ...
Business Diary: September 18-23
COMAPNIES For Northrop Grumman Workers, the Bad News Gets Very Specific Its no surprise, really. The country is laying down its weapons -- well, except in Haiti -- and thats putting a lot of people out of work. And when Northrop swallowed Grumman earlier this year, everyone knew that spelled more sizable job cuts. But still, when the big shoe - By Hubert B. Herring
Senate leaders reach last-minute accord - WKOW 27: Madison, WI ...
Dec 16, 2011 ... House, Senate show no give in payroll tax fight ... Racing to adjourn for the year, lawmakers moved quickly to clear separate spending ...
BUSH AND LEADERS REACH AGREEMENT ON BUDGET OUTLINE
LEAD: President Bush and Congressional leaders today announced the framework of a Federal budget for the next fiscal year, but the chairmen of the Congressional tax committees steered clear of the agreement. President Bush and Congressional leaders today announced the framework of a Federal budget for the next fiscal year, but the chairmen of the - By DAVID E. ROSENBAUM, Special to The New York Times
Senate leaders reach last-minute accord
Senate leaders reach last-minute accord. ... lawmakers moved quickly to clear separate spending legislation avoiding a ... House, Senate show no give in payroll tax fight; ...
Reid to Boehner: OK compromise payroll tax cut now
WASHINGTON (AP) - The Democratic leader of the Senate is urging Speaker John Boehner to bring the House back to Washington and approve the bipartisan Senate-approved bill extending a payroll tax cut and ... for a holiday season accord to prevent payroll ...
Senate Leaders Reach Last-Minute Accord - ABC News
Dec 16, 2011 ... Senate Leaders Reach Last-Minute Accord. ... PHOTO: House Minority Leader Nancy Pelosi of Calif. gestures during a news conference on ... to extend Social Security payroll tax cuts and jobless benefits for two months while ... Racing to adjourn for the year, lawmakers moved quickly to clear separate ...
Senate leaders reach last-minute accord
Dec 16, 2011 ... Payroll tax compromise set for Senate vote. 2:02. House Speaker John Boehner of Ohio, second from left, briefs reporters after both ... Racing to adjourn for the year, lawmakers moved quickly to clear separate spending ...
Senate leaders reach last-minute accord - Economy news
Senate leaders agreed on compromise legislation Friday night to extend Social Security payroll tax ... clear separate spending ... House Speaker John Boehner and Senate ...
Boehner: House Republicans oppose Senate payroll tax deal - The ...
Boehner: House Republicans oppose Senate payroll tax deal. ... “Well, it’s pretty clear that I and our members oppose the Senate bill,” Boehner said.
House, Senate reach accord on payroll tax cut renewal - Press ...
15 hours ago ... Their isolation complete, House Republicans on Thursday caved to demands by President Barack Obama, ... House, Senate reach accord on payroll tax cut renewal ... The developments were a clear win for Obama. ...
Year-End Deal Still Elusive as House Considers Weekend Adjournment
But as it became clear that Senate Majority Leader Harry Reid, D-Nev. -- with the White Houses tacit blessing -- would ... Technically, if Democrats and Republicans can reach accord on the payroll-tax cut package on Wednesday, there’s ...
House, Senate at odds over payroll tax cut - heraldstandard.com ...
House, Senate at odds over payroll tax cut . ... language blocking some Obama administration anti-pollution rules in a yearlong payroll tax bill the House approved last ...
Boehner announces deal with Reid on end to payroll tax ... - MSN.com
House Speaker John Boehner announced Thursday that he had agreed with Senate Majority Leader Harry Reid on a two-month extension of a package including a payroll tax cut and an extension of unemployment benefits. ... Answering a reporter's question at a press conference Thursday afternoon, Boehner said he did not know if there would be unanimous consent to the accord from all the Republican House members, but said he would bring the House members ...
Obama tells Congress Christmas may come late without a payroll tax deal
Dueling payroll tax plans were defeated by the Senate yesterday, and the partisan skirmishing ... at)AP Links 041-c-17-(Mark Smith, AP White House correspondent)-"until theres accord"-AP White House Correspondent Mark Smith reports Obamas telling ...
Senate leaders reach last-minute accord
WASHINGTON (AP) -- Senate leaders agreed on compromise ... The developments came a few hours after the White House publicly backed away from Obamas threat to veto any bill that linked the payroll tax cut extension with a Republican demand ...
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