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Thursday, December 22, 2011

Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com:

GOP ready to cave on payroll tax

Cantor does not have the big stupid grin on his face now.

Speaker John Boehner announced Thursday night that he had reached a deal to extend the payroll tax break for two months, averting a January tax increase for 160 million Americans. The deal will be cleared on Friday on a voice vote in Congress. While Republicans made a major concession in agreeing to the two-month deal, they won agreement to tweak some technical aspects of the payroll tax for businesses. As part of the deal, Senate Majority Leader Harry Reid will appoint conferees to negotiate a long-term agreement.

Here's Boehner's statement: "Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1 while ensuring that a complex new reporting burden is not unintentionally imposed on small business job creators. Under the terms of our agreement, a new bill will be approved by the House that reflects the bipartisan agreement in the Senate along with new language that allows job creators to process and withhold payroll taxation under the same accounting structure that is currently in place. The Senate will join the House in immediately appointing conferees, with instructions to reach agreement in the weeks ahead on a full-year payroll tax extension. We will ask the House and Senate to approve this agreement by unanimous consent before Christmas."

Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com:

GOP ready to cave on payroll tax

House Republican leaders are discussing a plan to end the standoff over the president's payroll tax cut by sending a tweaked version back to the Senate that agrees to a two-month extension, according to GOP aides. The proposal would also include language designed to accelerate negotiations for a full-year deal in January, these sources said. House Republican leaders were scheduled to talk with their rank-and-file colleagues on a 5 p.m. conference call.

Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com:

Obama: 'Enough is enough'

“This is exactly why people get so frustrated."

Mitch McConnell: House should pass short-term extension - Seung Min Kim and Scott Wong - POLITICO.com

Mitch McConnell: House should pass short-term extension - Seung Min Kim and Scott Wong - POLITICO.com:

In a blow to House Republicans, Senate Minority Leader Mitch McConnell on Thursday called on the House to pass a short-term payroll tax extension — while pushing Democrats to negotiate a full-year extension of the tax break.

McConnell’s statement came just 30 minutes after Speaker John Boehner said that he and House Republicans weren’t backing down from their push for a one-year extension of the tax cut, which expires Dec. 31. McConnell also asked Senate Majority Leader Harry Reid (D-Nev.) to appoint conferees to negotiate a longer-term version of the bill.

Read more: http://www.politico.com/news/stories/1211/70782.html#ixzz1hIV3ac4y

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Thursday, December 22, 2011

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I-Team Report: Deadly Force As the year closes, Chicago police data show a sharp increase in the number of officer-involved shootings.

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Thursday's Daily Brief

Thursday, December 22, 2011
Karen Tse On Abolishing Torture
President Obama Fires New Shot At GOP In Tax Cut Fight
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Robert Scheer: On to the Next 'Bubble Fantasy'
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