Saturday, December 24th, 2011 828 views
The U.S. Congress passed a two-month payroll tax-cut extension eight days before its scheduled expiration when House Republicans dropped their objections below growing political pressure.
Similar to an inspiration glided by the Senate Dec. 17, the live would extend a two-percentage-point payroll tax cut, continue expanded unemployment advantages and depart a discount in Medicare payments to doctors through February. Lawmakers conceive to negotiate on a longer-term extension within the new year.
The arrange can visit President Barack Obama for his signature. it’d extend a two-percentage-point payroll tax cut, continue expanded unemployment benefits and depart a discount in Medicare payments to doctors through February. Lawmakers conceive 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.
Read more detail at:
Sunday, December 5th, 2010 1,024 views
By now it’s a familiar story. Senate Democrats call to get a unanimous consent agreement on passing legislation to extend unemployment insurance benefits as well as a single Republican stand up and objects, blocking the invoice from passing on behalf from the total celebration. It happened on Tuesday and it occurred gains yesterday, this time with Sen. John Barrasso [R, WY] carrying out the GOP’s dirty work.
On a single degree this really is similar to ever. Republicans want any unemployment extension to become paid for by rescinding money from the stimulus and Democrats desire to fund the extension with deficit spending in order to get the maximum stimulus effect. What was specially troubling about today’s Senate floor action is always that it gave us more evidence that, from the midst of an unemployment crisis, some members of Congress might be confused around the fundamentals of federal benefits extensions.
read more detail at:
Wednesday, December 1st, 2010 1,322 views
On Tuesday afternoon, Democrats called on the Senate to pass the Unemployment Insurance Stabilization Act beneath the expedited unanimous consent procedure. As anticipated, Sen. Scott Brown [R, MA], acting on behalf of all Republicans, objected and can force a full-fledged debate on the issue which will most likely very last several weeks and be rolled together with unrelated tax concerns. Federal unemployment benefits expire these days for hundreds of thousands of long-term unemployed workers.
The bill Democrats tried to move today would extend federal unemployment benefits right up until January 3, 2012. Due to the fact its fees (approx. $54 billion) aren’t offset, there was in no way much of a chance that the Republicans would enable the bill to undergo so easily. Republicans have repeatedly mentioned they need to shell out for unemployment benefits with corresponding paying cuts (one thing that is by no means been carried out) prior to they’ll vote for it, and because the Democrats don’t 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.
Read more detail at Source :