Unemployment Extension: Congress Passes Payroll Tax Cut
The U.S. Congress passed a two-month payroll tax-cut extension eight days before its scheduled expiration once House Republicans dropped their objections underneath growing political pressure.
Similar to an idea lapsed the Senate Dec. 17, the live would extend a two-percentage-point payroll tax cut, continue expanded unemployment advantages and set off a discount in Medicare payments to doctors through February. Lawmakers decide to negotiate on a longer-term extension within the new year.
The set up can visit President Barack Obama for his signature. it might extend a two-percentage-point payroll tax cut, continue expanded unemployment benefits and set off a discount in Medicare payments to doctors through February. Lawmakers decide to negotiate on a longer-term extension within the new year.
The deal that House Speaker John Boehner, an Ohio Republican, and Reid, a Nevada Democrat, agreed to yesterday additionally calls on Obama to accelerate approval of the Keystone XL Canadian oil pipeline.
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GOP Blocks Unemployment Extension Again
By now it is a familiar story. Senate Democrats call to get a unanimous consent agreement on passing legislation to lengthen unemployment insurance benefits plus a single Republican stand up and objects, blocking the bill from passing on behalf of the whole get together. It took place on Tuesday and it happened gains yesterday, this time with Sen. John Barrasso [R, WY] doing the GOP’s dirty work.
On 1 degree this is similar to ever. Republicans want any unemployment extension to become paid for by rescinding funds from the stimulus and Democrats need to fund the extension with deficit shelling out so that you can get the utmost stimulus impact. What was especially troubling about today’s Senate flooring action is that it gave us far more proof that, inside the midst of an unemployment crisis, some members of Congress could be perplexed on the fundamentals of federal benefits extensions.
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GOP Blocks One-Year Unemployment Extension
The bill Democrats attempted to move these days would lengthen federal unemployment benefits till January 3, 2012. Simply because its fees (approx. $54 billion) usually are not offset, there was in no way a lot of a chance that the Republicans would allow the bill to go through so effortlessly. Republicans have repeatedly mentioned they want to spend for unemployment benefits with corresponding paying cuts (a thing that’s by no means been carried out) prior to they’ll vote for it, and since the Democrats really do not have a filibuster-proof majority they have a god deal of leverage for enforcing their position.
Immediately after objecting to unanimous consent, Sen. Brown turned the table and called for unanimous-consent passage of a one-year unemployment extension that is fully paid for by rescinding unspent non-security appropriations. Democrats objected.
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