McConnell Mum Over House GOP Payroll Tax Cut Plan

Senate Republican Leader Mitch McConnell, R-Ky., declined to endorse a plan by the House GOP to extend the payroll-tax holiday for the remain of the year without paying for it. After months of partisan gridlock that resulted in a short-term extension set to expire February 29, GOP leaders in the House have yielded by offering… Continue reading McConnell Mum Over House GOP Payroll Tax Cut Plan

Deal on Payroll Tax Cut Unlikely, Says Yarmuth

The short-term extension of the payroll tax cut is set to expire at the end of this month, and U.S. Rep. John Yarmuth, D-Ky., is skeptical a compromise can be reached. In December, Congress was embroiled in a partisan debate over the issue, but was able to broker a deal to extend the relief for… Continue reading Deal on Payroll Tax Cut Unlikely, Says Yarmuth

McConnell: House Should Pass Short-Term Payroll Extension

With the deadline approaching, Senate Minority Leader Mitch McConnell, R-Ky., publicly broke with Speaker John Boehner, R-Oh., and urged the Republican-controlled House to pass the two-month payroll extension. Last weekend, McConnell brokered a bipartisan deal with Majority Leader Harry Reid, D-Nv., to keep the tax relief for another two months. However, Boehner denounced the deal… Continue reading McConnell: House Should Pass Short-Term Payroll Extension

Young Defends House GOP, Payroll Tax Cut Vote

The Republican-controlled House of Representatives has rejected a bipartisan Senate plan to extend a two percent payroll tax cut for an additional two months. House GOP leaders then voted for an immediate conference with the Senate to negotiate a one-year extension, but the Democratic-controlled chamber has adjourned for the year. If lawmakers fail to extend… Continue reading Young Defends House GOP, Payroll Tax Cut Vote

Yarmuth Dislikes Senate Bill, But Favors Payroll Tax Cut Compromise

Despite misgivings about certain provisions, U.S. Rep. John Yarmuth, D-Ky., favors the payroll tax cut deal and believes the House should approve it. The Senate passed a two-month extension of the tax relief over the weekend, but Speaker John Boehner, R-Oh., said Sunday the Republican caucus would reject the bipartisan deal. The speaker says Republicans… Continue reading Yarmuth Dislikes Senate Bill, But Favors Payroll Tax Cut Compromise

Democrats Backing Off Millionaires to Compromise on Payroll Tax Cuts

With time running out before the expiration of the payroll tax cuts, Democrats are dropping their proposal to tax the wealthiest Americans to pay for the relief as a way to compromise with their Republican counterparts. The legislation to extend the cuts passed the House earlier this week, but not without contention or the remaining… Continue reading Democrats Backing Off Millionaires to Compromise on Payroll Tax Cuts

Boehner Clock Urges Democrats to Pass GOP Payroll Tax Plan

The office of U.S. Speaker of the House John Boehner, R-Oh., released a “countdown clock” on Tuesday to urge Senate Democrats to pass the Republican-sponsored bill extending the payroll tax cuts. The House approved the legislation by a 234-to-193 vote last night, despite a veto threat from President Obama and a pledge by Senate Majority… Continue reading Boehner Clock Urges Democrats to Pass GOP Payroll Tax Plan

House Passes Payroll Tax Cut Extension

Ignoring a veto threat from President Barack Obama, the House has approved a Republican-sponsored bill extending the payroll tax cuts for another year. The final vote was 234 to 193,¬†with only ten Democrats supporting the bill. It is expected the Democratic-controlled Senate will reject the measure due to certain GOP policy provisions. U.S. Rep. Todd… Continue reading House Passes Payroll Tax Cut Extension

Yarmuth Opposes Riders on GOP Payroll Tax Plan

Pledging to vote against the Republican sponsored payroll tax plan, U.S. Rep. John Yarmuth, D-Ky. denounced the legislation for making fundamental changes to key programs without debate. Speaker John Boehner, R-Oh., predicted the roughly $180 billion bill will pass the GOP-controlled House with bipartisan support. One provision includes speeding up federal approval of the Keystone… Continue reading Yarmuth Opposes Riders on GOP Payroll Tax Plan

McConnell Urges Passage of GOP Payroll Tax Plan

Speaking on the Senate floor Tuesday, Minority Leader Mitch McConnell, R-Ky., urged the House to pass a Republican plan that extends the payroll tax cut. But the legislation includes wording to speed up federal approval of the Keystone XL oil pipeline, which has become a dividing issue. The 1,700-mile link would bring oil from Alberta,… Continue reading McConnell Urges Passage of GOP Payroll Tax Plan