Washington (CNN) - Speaker John Boehner on Thursday accepted a two-month extension of the payroll tax cut, succumbing to mounting pressure from the White House, congressional Democrats and fellow Republicans to reverse his House leadership's opposition to the Senate-passed proposal.
President Barack Obama immediately congratulated congressional leaders on the deal, while Senate Republican leader Mitch McConnell - who increased the pressure on Boehner earlier in the day with a call for such an agreement - said it was a "sigh of relief" for American taxpayers.
so much for the social security lock box...
Way to go Mr. President. Play hard ball with these GOP losers. I can not wait until 2012.
I'm might be in the minority but I think we need to start paying some bills in this country. The payroll tax shouldn't be renewed and we should raise taxes on the top 1%. This idea that we are going to get our deficit under control without raising taxes is out of control. Even the left is buying into it. I'm not comfortable being in debt to other countries, let start paying some bills.
For some people I know that $40 that is roughly how much is money spent commuting to and from work. For most people around the NYC area, the figure is much higher when you add in costs like tolls and parking. I know people who can spend that $40 in a single day!
The House also approved a separate resolution supporting a year-long extension of both the payroll tax cut and emergency unemployment benefits, along with a new, two-year doc fix.
Obama should explain to the American workers why he prefers a 2 month deal to the 1 year resolution passed by the Republican House of Representatives. It is really on Obama and Harry Reid right now.
from the article:
Pushed by his conservative, tea-party infused House GOP caucus, Boehner has argued that anything less than an immediate one-year extension of the cut will only create more economic instability and do little to generate job growth.
Six months ago, conservatives were saying the exact opposite. They said that the payroll tax cut extension didn't help create jobs. The only reason they are for the extension now is so that they can attach radical right wing, social engineering amendments to the legislation.
How about reporting on the backlash the GOPers are getting from their home districts? Hmmmm? It IS happening.
The GOP has had two major opportunities this year to negotiate this measure ....and FAILED. What makes any one think the sane politicians (D & R) will fall for negotiating (entitlement programs, tax rates, and a pipeline that plans to export the crude oil it pumps, in addition to causing gas prices to rise in the midwest)......DAYS before Jan 1. THEY HAVE HAD MONTHS.
The sad part is that Boehner won't even allow an up or down vote because he knows it will pass...WHY...because the American people expect their representative to vote in their best interest....JB is not letting the American people vote. He is just using us for leverage while protecting Big Oil and the 1%.
Its not about the D & R ...any middle-class American should be upset with that. He is gambling with taking 33 billion out of the economy. Goods and services are sure to suffer. The black man hate has to stop. This is Life.
Why don't you just tell everyone you got what you wanted but you only wanted the extension for two months and the Repub's are looking out for the working class and want to extend it for a year and your against that.
Obama is the best snake oil salesman I have ever seen.
Why don't you try and get your support from all the 57 states you visited when you were running for President and still had two more to go.
I guess you didn't know we only have 50 States.
It's always about you and only you King Obama.
I could have sworn that Obama expressed disappointment when the Senate passed the 2 month extention saying he really expected a full year and then the House gives him his wish and he changes his mind and wants the 2 month extention. Do you suppose he knew the Republicans would use this to place him at odds with the Senate and Reid and the Republicans took the bait?
This will be great! Be sure to watch how Obama uses his speech today to feed his class warfare tactics, the spawning of OWS and hatred based on Social Class by demonizing the GOP. The Divider in Chief will be showing his true colors once again for votes from those that
don't realize that he's gutting Social Security with no incoming dollars to sustain it, increasing Government spending and killing 20,000 new jobs from the Keystone inititative not to mention, less dependence on foreign oil from the Middle East! So sad that so many Americans can't see what he is doing to their future! Meanwhile, Harry Reid and his tax-and-spend Liberal colleagues in the Democrat-controlled Senate haven't passed a annual budget for over 90 months running! Wake up America!!! Our Children don't deserve Obama's debt!
President Obama has learned quite well how to deal with these junkyard dogs without lowering himself to their level.
Let the people do the talking Mr. President, brilliant move!
Biden says it's patriotic to pay taxes. I say let it expire and be patriots.
Keith in Austin
This is sure to be a political stunt by our illustrious Campaigner in Chief. In NO WAY will Obama mention that the Bill already approved by the House incorporates the following; A FULL YEAR extension that provides stability.
And that is the foundation of the lie that right wing media is feeding to its' sycophants.
The Trutth: Democrats sought and fought for a two year tax relief, but only got one year, a year ago. As recently as one month ago, *all* Republicans were against the extensions. Then they flip-flopped when they realized this was another "must pass" peice of legislation to which they could attach more amendments driven by social engineering. Finally, the biggest lie of all is the claim that House Republicans have already voted on and passed a one year extension, when they have done no such thing.