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Thursday, October 27, 2016

Senate Republicans up for re-election next fall lashed out at their counterparts in the House on Monday after Speaker John Boehner indicated he didn’t have the votes to approve a two-month extension of payroll tax cuts enacted at the beginning of this year.

The $33 billion legislation, passed with overwhelming bipartisan support on an 89-10 Senate vote on Saturday, would prevent taxes from rising on 160 million Americans on January 1, and also includes money for unemployment compensation and a “doc fix,” the legislation passed annually to raise reimbursement rates for doctors participating in Medicare. On Sunday, Boehner made clear that his caucus — which dragged the U.S. to the brink of default this past summer during the debt-ceiling crisis — did not approve.

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Copyright 2011 The National Memo
  • questioneverything

    My understanding is the this tax cut is from the payroll tax. This tax is what supplies Social Security. If this money is taken out of Social Security which is in financial trouble how will the country put this money back into Social Security or is this just putting Social Security into a deeper hole. Don’t allow for drilling for new energy sources….

  • VincentReno

    Just once during President Obama’s term I would like to see our Senators and Congressmen agree on something that is good for America.

  • Hankk

    Those of you that elected this group of un-patriot representitives and senators that call themselves the teapublicans should take a real good look at what they have done and are doing to our country since you voted them in. It appears that they believe that Mr.W.Bush and the GOP didn’t do a good enough job eliminating the middle class. The so called teapublican party are trying to put us in a deep depression and with this next no vote it is very likely to succeed? The payroll tax break does come out of the SS trust fund, but is put back in by the government, because they alrady owe the SS trust fund 1.6 trillion dollars, it is far from broke however it is under attack by the teapublicans because they have to borrow the money to keep checks coming to the seniors. That is because they lost the tax dollars from the wealthy and corporations and also the tax base from the millions of good paying jobs that they EXPORTED FROM OUR COUNTRY. hankk, MI

  • greatercc

    Social Security is not in a hole. At the beginning of 2011 the Social Security Trust Fund had assets of $2.429 trillion. That is $2,429,000,000,0000. That is projected to run out in 2035. At that time we will be collecfting 75% of what we pay out, so we may have to increase the tax from 6.2 to 8.2% at that time. Until then, social security does not have any problems. You can read more at

  • David T Childs

    It would appear that the Republican majority of the house has developed a new set of rules for intramural basketball. It involves dribbling coach Boehner instead of the ball up and down the court. So much for Speaker influence! Isn’t this the same Boehner who complains of a lack of leadership from Mr. Obama? I understand his sense of desperation.

  • Vail

    I am very much against what the Obama administration has done to this economy and this is an opportunity for the republicans to demonstrate that they believe in the need for economic recovery and the jobs associated with the pipeline. Hopefully they will not miss this opportunity. Voted for so called hope and change last time but now realize the huge mistake. We need a business person to run the government ,reduce the size and balance the budget.

  • Hankk

    Vail, you must either be a teapublican or a member of the SWIFT BOAT CREW?

    President Obama is not and has not been responsible for the mess that the USA or the world is in, open up your eyes and take a good look around. The GOP dug our country into a hugh hole by de-regulations, tax breaks/welfare for the wealthy and corporations to EXPORT OUR GOOD PAYING JOBS FROM OUT CITIZENS. Then turned the mess over to a new owner and gave him a teaspoon (do nothing Gop that flat out said on national TV thay would not help him so they could get the Preisdentcy back in 2012) to fill in the hole. By gush it is finally starting to fill back in,and that upsets the teapublicans to the point that they are willing to let the tax break for the working and unemployed expire. If that’s who you support shame on you , you are not a patriot. hankk, MI

  • IowaGirl

    From the moment McConnell uttered his famous “let’s get rid of Obama” speech, the patriotism of tea party members has been in question as far as I am concerned. Their lack of gentility is appalling! When I listen to people like Mr. New Jersey Chris Christie bad mouth our President’s leadership and insult his own citizens I think shame on you and the horse you rode in on! It is the lack of leadership of “men” like you and Boehner that are killing this country not Obama! Be careful what you wish for guys!

  • williemae

    President Obama can only clean up so much of the this countrys mess,beside he is not God with boehner and the so called teaparty figthing his every move,you poeples are not figthing for the hard working tax payers that put you in office,you are figthing between yourselfs,Boehner and teaparty has already Buried this country just let the Republican put the flowers on the grave.

  • kurt.lorentzen

    Whether Obama is responsible for the current state of our economy is not at issue. The current problem is that he is expanding on his predecessors’ folly by borrowing and spending more that almost all other Presidents combined. Social Security, as pointed out by “greatercc”, will run out of money by 2035 if workers and employers each pay the 6.5% that they were paying before the current tax cuts. Extending those cuts brings that date closer, and lowering it further is just another roud of kick-the-can, also pointed out by “greatercc”. Proponents like to tout the big total numbers, but if you do the math, it’s only about $28 per paycheck for a worker making $50K. That’s not going to get me to go out and buy a new car, nor is it going to make up the difference on that mortgage that I’m in default on. Republicans want to extend the current tax cut, but not further cut the rate. You can put the blame on Republicans if you want, but the simple truth is that neither side will compromise and the blame is equal.

  • valszy

    The responsibility for our struggling economy is an issue when those who caused it are trying to take control again, and do exactly the same things that caused/exacerbated the problems in the first place. I do agree the payroll tax cut will not do nearly as much many claim (and may cause more problems in the long run), but extension of unemployment compensation and doc fix are apparently needed. A surtax on the 2nd million and above per year would be my preference to payroll tax cut. Your last sentence my disagree with completely. The dems as a whole,, and Obama in particular have attempted compromise, but the gops in government have refused to compromise on anything, even a little. They have done everything they can tom make the situation as bad as possible in the hope Obama will get blamed and voted out of office. To me, that is a failure to uphold their oath of office.

  • rustacus21

    … this one’s 4 U!!! While Conservative legislators are playing “games” w/the lives & livelyhoods of 10’s of millions of Americans – including YOU – Mr./Ms. Conservative voter, U’r losing even more more economic ground, as we slowly grind 2ward this upcoming election season. In the meantime, Conservative legislators will froth & bend themselves into contortions, claiming it’s all President Obama’s & the Liberal/Progressives in the Democratic caucus, who are holding back legislation. Understand, tho, that the key component – the Keystone Pipeline – WILL NOT produce the jobs being lied about creating. Job creation is multi-regional, as well as multi-markets – beneficial. Keystone will create jobs for only those in the industry – a very tight-knit, extremely narrow set of well connected entities, far outside the regular employment channels. Unless U call working at a Shell, BP or Admiral gas station, as a minimum-wage clerk a job that allows U to move to the suburbs & U’r spouse to quit their job! At some point, Conservative voters will HAVE to stop being suckers for Pavlovian-psycho mind control “gimmicks” & start thinking on adult, intelligent terms, as to what money is doing to Democracy & how it won’t change, til U STOP voting to allow un-ltd money to control the American system of Democracy & government. Until then, U – Conservative voter, will remain frustrated & confused. We Liberal/Progressives? We know what the problem (un-ltd, un-regulated money) is – But it’s U – Conservative VOTER, who won’t let US fix it!!!

  • kurt.lorentzen

    Unfortunately, our “representatives” do not come to you and I (their employers) for counsel as they are being paid to do. Mainstream politicians (on both sides) are in the public relations business far more than they are in the business of governance. They paint issues to suit their agendas. Most of the “Occupy Wall Street” bunch sadly don’t even know just how valid their position is. If a Wall-Streeter makes $100K in salary they’ll pay 20% in taxes. But if they make another $900K in options, trades, etc. they’ll pay only 15% on that. I agree that investment income (capital gains) should be taxed the same as ordinary income. That includes closing loopholes, like “moving” investments between equities within funds (doesn’t count as income as of now). If a small business owner makes that same million, he pays nearly $200,000 more in taxes than the Wall Street guy. I also agree with valszy that the first million should remain at 15%, that gives mainstreet Joe the means to build up a retirement. Beyond that, 35% is fair. I have lots of other ideas on how to build-up the economy, but that includes spending cuts on things government has no business funding. If government weren’t funding drugs, medical procedures, college tuition, ridiculous social programs (I’m not talking about Unemploymnent or Social Security), Solyndra-like debacles, etc. the prices of that stuff would tumble to be more in line with the cost of other goods and services. It also means loosening the Unions’ stranglehold on the US labor market – we’re just not competitive. Lower prices for goods and services will justify lower wages, our products will be competitive in global markets and the trade deficit will become balanced or maybe even turn a surplus. The national debt must be paid down as every administration until the 1980’s has attempted with fairly good success. To not pay it down is to doom us to economic meltdown – no economy has EVER survived a debt to product ratio of 70%! The Tea Party, love ’em or hate ’em, at least put forth a PLAN to achieve a balanced budget in 8 years. Neither mainstream Republicans nor Democrats have anything close to a plan – they just want to bicker about ideology with no footholds in reality – can you say, “pander to their core voters”? The Bush administration was a trainwreck in so many ways, but I don’t see why people are so willing to turn a blind eye to Obama’s shortcomings in leadership and fiscal responsibility – even when the hard leftists express their disappointment he gets a pass. Maybe we need an independent – someone to break the cycle. I don’t see much changing with another 4 years of Obama or with any of the Republican contenders.

  • dfrosenzweig

    The fact that tax cuts is up for a compromise & vote on the house & senate is old hash. When are we not concerned with our gross incomes and lifestyles as an effect of it. What is upsetting me is the cut in unemployment benefits and having Medicare be less accessible to seniors. Unemployment is as necessay for the millions of unemployed Americans as Medicare and Social Security are for Senior Citizens. I already live in an area which is seeing increased homelessness from home foreclosures often coming from households experiencing great cuts in income due to unemployment. Noone needs – or should want – the homelessness to grow anymore.

    With an election coming up, both parties will want to reach agreement to lower taxes to score points with voters, of course. Tax cuts are, of course, always a good thing for those of any income or tax bracket, so don’t single out the middle class as being the only ones who would be affected by them. What I worry about is what will happen after the election when.