Twenty-one days. That’s all the time that Congress has to fix the payroll tax before the cuts expire – and that’s only because it’s a leap year. Remember that crazy two-month long extension that Congress passed a couple of months ago? The one that Rep. Pelosi (D-CA) promised they’d fix in January? Well note to…
I was hoping to report that the Senate had taken up the payroll tax cut extension issue today and tossed out the ridiculous plan hatched last week for a two month extension. But, no. Sen. Majority Leader Harry Reid (D-NV) has indicated that the Senate will not take up the matter until the House passes…
It’s not often that you’ll see me lauding House Speaker John Boehner (R-OH) as the voice of reason but here it is: the man is one of just a handful in Congress making some sense with respect to these payroll tax cuts. Speaker Boehner is pushing for a full year extension on the cuts, saying:…
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…
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…