Posts tagged as:

Republican

When Dumb Meets Stupid: Payroll Tax Cut ‘Compromise’

16 December 2011

So months and months of debate on the payroll tax cut has resulted in this: a two month extension. No, you didn’t read that wrong. Two months. Democrats and Republicans in the Senate couldn’t figure out how to pay for the whole thing so they decided on a ridiculous fix. Two months. “But it’s paid [...]

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Compromise Should Avoid Government Shutdown

15 December 2011

Nothing is written in ink (yet) but all indications are that Congress has reached an agreement that would avoid a government shutdown. While the details are sketchy, it would appear that the final budget would include a payroll tax cut extensions, jobless benefits and a continuation of Medicare payments for physicians. All of these items [...]

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Shutdown Looms, Payroll Tax Cut Extension Still Not Approved

15 December 2011

The “naughty” list is getting longer… No, I’m not talking about Amy pinching her brother this morning while getting ready for school. I’m talking about those in Congress who are squabbling over the payroll tax cut extension all while the deadline for keeping the lights on in D.C. creeps closer. The Senate has yet to [...]

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Payroll Tax Cuts Extension Part of Kitchen Sink Bill

13 December 2011

The House of Representatives has passed a version of a plan that would extend the payroll tax cuts enacted for 2011. The plan also includes the acceleration of approval of the Keystone XL oil pipeline. The bill, H.R. 3630, was originally known as the Welfare Integrity and Data Improvement Act (yup, not a word about [...]

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GOP Links Payroll Tax Cuts to Pipeline Approval

4 December 2011

Here’s why people really hate Congress: these days, it’s all shenanigans. It’s not “what can I do for you?” so much as “what can I do for my friends?” It’s all back room deals and sneaky tricks. And now we have another one to add to the mix. Rumor has it – and House Speaker [...]

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Senate Votes No On Payroll Tax Cuts

1 December 2011

Ooh, talk about efficiency. Here I was totally expecting the Senate to at least pretend to entertain extending the payroll tax cut until tomorrow. Instead, they rushed right into a “no” vote a day early. The charge was led by Senate Republicans despite statements by House Speaker (R-OH) in support of an extension. Boehner said [...]

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Is Your Mortgage Interest Deduction At Risk?

17 November 2011

Is your mortgage interest deduction at risk? What about your charitable donation deduction? Your real estate tax deduction? Your medical expenses deduction? Under a new conservative plan introduced by Sen. Pat Toomey (R-PA), one of the members of the “Super Committee”, the amounts that taxpayers could claim as deduction on a Schedule A would be [...]

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Debt Ceiling, Spending Cuts to Rise But No Word on Higher Taxes

1 August 2011

If you stayed up to watch the marathon Braves/Pirates game, the one that lasted 19 innings, you kind of know how most people feel about waiting for the debt ceiling deal to be made. It’s been long. And no one was quite sure how it was going to end. And if you saw the end [...]

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Budget Vote Shows Medicare Plan Vulnerable

25 May 2011

When presidential hopeful Newt Gingrich first objected to House Budget Committee Chair Paul Ryan’s (R-WI) Medicare proposal, there was a collective gasp in the political sphere. Until a few weeks ago, many Republicans thought the budget, which included a controversial provision to overhaul Medicare, was untouchable. The proposal, which appeared to be endorsed by most of [...]

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Repeal, What Repeal? We’ve Got Egos to Stroke! Special Interest Groups to Pacify!

31 July 2010

Remember those new reporting requirements for businesses that were tucked away inside the health care bill? “Unpopular” doesn’t even begin to describe the provision. So what’s a legislator to do in the midst of an election year? Repeal the very piece of legislation that you passed earlier in the year. Now you can take credit [...]

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