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Media says Obama evolved, not flip-flopped, on major issues through the years
… House Republicans now turned their attention to drafting the American Jobs Act, a package that would extend a temporary payroll tax holiday , provide fresh money for roads and bridges — and set up a new confrontation with Republicans.” The Post’s headline …
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Top Dems claim GOP trying to sabotage economy to hurt Obama
… point to bipartisan efforts to pass jobs-creation bills, trade pacts and, after some arguments, an extension of the payroll tax cut that Obama originally had proposed for only one year. GOP lawmakers want Congress to act this year to ensure that none …
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$494 billion tax increase to hit in 2013
… These include the Bush tax cuts, the payroll tax cut , the Alternative Minimum Tax (AMT ..... families,” he explained. “The payroll tax cut is a middle and low income family tax ..... the Bush tax, the expiration of a payroll tax cut and $1.2 trillion in spending cuts …
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Tax Freedom Day still two weeks away
… federal tax burden, 32 days are from individual income taxes and another 23 days are from payroll taxes. Extension of the payroll tax holiday this year took about 3 days off the burden. Corporate income taxes are the third largest federal tax burden, and will …
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Social Security revenue unexpectedly jumps, however payouts at an all time high
… Security Fund Makes Some Assumptions Which May Turn Out To Be Completely Wrong Here’s The Scariest Part Of The CBO’s Dismal Outlook Extending The Payroll Tax Cut Won’t Drain The Social Security Trust Fund
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Romney’s upper hand
… warned Congress that the economy could hit “a massive fiscal cliff” by January 1, 2013, as the Bush tax cuts and the payroll tax cut expire. This could knock GDP growth down to 1 percent. And even with the recent economic improvement, which is threatened …
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Rep. Lewis: ‘Best decision’ to support unfunded payroll tax cut [VIDEO]
… voting for an unfunded extension of the payroll tax cut through 2012 at a cost of $93.2 billion ..... unemployment extension bill when the payroll tax cut was not funded by any spending cuts ..... John Boehner originally supported a payroll tax cut extension for a full year only if it …
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Payroll tax cut extension passage also grants FCC spectrum auction authority
The House passed an extension of the payroll tax cut this morning after representatives from both sides of the chamber hammered out a deal earlier this week; a Senate vote is planned …
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Krauthammer on payroll tax holiday compromise: ‘Selling crown jewels to buy crack’
… That agreement would extend the payroll tax holiday through the end of the year, but cost ..... a $16 trillion debt for]... a payroll tax cut that every economist will tell you will ..... jewels to buy crack.’ “The payroll tax cut has no effect ... it is going to …
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Boehner changes positions on funding payroll tax cut extension [VIDEO]
… reductions should pay for a yearlong payroll tax cut extension. However, the bill that ..... add to the deficit by not funding the payroll tax cut . On December 15 TheDC asked Boehner ..... Blahous, who said that the two percent payroll tax cut would hurt Social Security. “One person …
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