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Senate

Congress Takes a Holiday, Passes Payroll Tax Cut Extension Anyway

23 December 2011

Congress may be on holiday but they still managed to get something done. And by something, I mean nothing. But they want to pretend that they did something so we’ll let them have their moment. The House and the Senate passed a bill that would extend the payroll tax cuts for a lousy two months. [...]

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Congress to Taxpayers: We Give Up

21 December 2011

For the second time in so many months (remember the debt ceiling deadline debacle?), Congress has thrown up its hands and walked away. After failing to reach a workable compromise on the payroll tax cut extension, members of the House left town for the holidays. The payroll tax cuts are set to expire before the [...]

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Monday Night Vote Lessens Chances of Payroll Tax Cut Approval

20 December 2011

The payroll tax cut extensions are going nowhere fast… A vote last night by Republicans on the House rules committee will prevent a direct vote today on the Senate plan to extend the cuts by a ridiculous two months. So if you were looking for an update, go about your business today, there’s nothing to [...]

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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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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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Veterans Day Tax Bill Moves Forward

11 November 2011

When I was in high school, the coolest grown-up that I knew enlisted in the service. My older brother, Rob (okay, so maybe my circle of cool grown-ups was somewhat limited), joined the Navy. He drove me back to school shortly after the announcement, somehow managing to get lost between our tiny town and Durham, [...]

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Senate Passes on $1.2 Billion in Guaranteed Revenue

3 August 2011

Now that the debt ceiling fix is in place, you’d think that Congress would want to get to work on the rest of the budget. Um, not so much. The Senate went on vacation for the summer without taking any action on the Federal Aviation Administration (FAA) budget. The previous budget ran out in July, [...]

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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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Tax Deal Passes Senate Unscathed; Onto the House

15 December 2010

Not surprisingly, the Senate the tax cut package today by an overwhelming majority (81-19). And I know what you’re thinking: all of the “No” votes came from the Democrats. Nope. Here’s who voted against the deal: Bingaman (D-NM) Coburn (R-OK) DeMint (R-SC) Dorgan (D-ND) Ensign (R-NV) Feingold (D-WI) Gillibrand (D-NY) Hagan (D-NC) Harkin (D-IA) Lautenberg [...]

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Senate Vote on Tax Deal to Happen Today

15 December 2010

Sen. Harry Reid (D-NV) has confirmed that the Senate will vote on the proposed tax deal today. Discussions were expected to precede a vote. I expect them to be somewhat lively. Stay tuned.

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