(CNN) - A proposed deal to end the congressional standoff over the payroll tax cut includes a two-month extension to allow time for further negotiations, as well as language to ease the administrative burden on small businesses implementing the plan, a House Republican aide said Thursday.
House Republicans will hold a conference call at 5 p.m. Thursday amid indications of a possible deal to extend the payroll tax cut before it expires on January 1, a top Democratic source told CNN.
"The Wall Street Journal lamented, "Republicans have also achieved the small miracle of letting Mr. Obama position himself as an election-year tax cutter, although he's spent most of his presidency promoting tax increases and he would hit the economy with one of the largest tax increases ever in 2013. This should be impossible.""
Hey Zelizer: By reprinting that untrue drivel on behalf of the WSJ and Murdoch without opinting out that (a) Obama's cut taxes for everyone and (b) it's not a tax increase to allow a tax cut that was ALWAYS INTENDED TO BE TEMPORARY to expire...well...you simply prove yourself yet another non-journalist hamming it up for the MSM and failnig to do your job with any integrity becuase the false equivalencies you weave must be treated as sacrosanct. Get a life.
Does this mean that they have sorted out the confusion amongst themselves as to who can make the most yellow snow?
Egg on their face !
I guess they finally yielded to the pressure. About time.
Yeah and this House GOP/TBaggers "Do Nothing Congress" will yell we are the heroes. We are for the middle class. Watch out for the 2012 election.
All the drama for nothing...Good work GOP!
Perfectly said, Sniffit
Right.............................do your job repuks or GET OUTTA-THE-WAY, what a bunch of "do nothings"
How does that cup of cold, stale tea taste?
Don't worry folks...the GOPers/Teatrolls have already indicated who they intend to have negotiating for them over the next 2 months regarding the full year extension and they're naming a bunch of Teatroll morons who are on record as opposing ANY payroll tax cuts for the middle class whatsoever. That's right...they're demandin a "conference committee" so they can use it to play more hostage games and bring this issue to the brink AGAIN in 2 months by demanding all sorts of unrelated, irrelevant nonsense from their ideological partisan demand wishlist.
And oh what fun it will be watching the GOP/Teatrolls try to find a way to get revenge on the Dems and the middle class for all of this in the next 2 months....
I wish to my soul that you people would leave the SS tax alone! Don't you idiots get it? Demand Obama to quit his big spending policites and we would ALL have more money. Just wait until his Nobamacare taxes hit you in the butt in 2013! you'll be sorry you ever elected this empty suit!
The longer you have Obama, the more you can expect the drama.
Romney/ Christie 2012
"The longer you have Obama, the more you can expect the drama."
Thank you for admitting that the keystone of the GOP/Teatroll strategery is to threaten the 'Murkin people with constant obstruction, brinksmanship and breaking gov't to prove gov't is broken.
I will always refer to this as Boehner's Blunder and even came up with a new world. “Boehnered” – a bad monumental career ending political mistakes. Boehner's Blunder will cost them Control of the House. It also show how fractured and without direction the Republican party actually is. House GOP sitting there (probably the longest Cantor sat) saying we're waiting. Why are they so eager to negotiate now and not months or weeks ago. That is because Boehner and GOP thought they would force the Present to agree to their terms and make him look bad. Boehner's Blunder also exposes the level of spite the GOP has for the President and what they are will to do for that spite. Crossing Sen. McConnell and blindsiding your own party not wise and called a Boehnered. McConnell's ability to hold a grudge is well know and if you don't know just ask the President.
Big George – CBO says that the ACA will save money, and give hope to 50 million uninsured. Don't use foreign media as the gospel. After putting up with $11 trillion in republican debt, I think Obama deserves a chance to turn around the Bush/republican near depression. There is a $2.6 trillion reserve in social security, so that should get us by until we can rid ourselves of the republican teabaggers in congress.
Elect Mittens and we will all be s*%$##en.
Tee-trolls have no sense of reality – just read the "dumb as four doors" comments to confirm their lack of independent thought, reason, …or accountability.
But 2012 will be a time of reckoning for the “do Nothing” party in Congress.
While they scramble to do damage control, we can all rest assured that behind the scenes the GOBP deathcult will slavishly serve their hidden elite owners by ensuring that any efforts to help the poor and middle class will be offset by screwing the poor and middle class in other ways.
“You’re getting $600 – what can you do with that? Not to be ungrateful or anything, but maybe it pays down a bill, but it doesn’t pay down every bill every month. The short-term quick fix kinda stuff sounds good, and it may even feel good that first month when you get that check, and then you go out and you buy a pair of earrings.”
Michelle Obama, July 2008
But 2012 will be a time of reckoning for the “do Nothing” party in Congress.
Your attempt to label the Republicans as "Do Nothing" ignores the facts.
The House passed a full year extension of the payroll tax cut on December 13th. It also included wording to move along the Canadian shale oil pipeline decision. It is Obama who decided "doing nothing" was better politics because he has his environmental supporters wanting it stopped and his unions wanting it passed. He can't make that decision. It's too difficult when you don't have any values of your own.
Four and The Door
"Your attempt to label the Republicans as "Do Nothing" ignores the facts."
Once again you're creating your own facts. The "fact" that the Republicans were simply pandering to the oil industry at the risk of the American people caused the Democrats to finally stop allowing the GOP to hold people hostage. You may have forgotten the 95 filibusters by the Republicans in the Senate used to stop all debate and votes – even on issues they themselves initiated in committee. You neglect the mention the fact that the Tea Baggers in the House caused our bond rating to fall to the level of second world nations – so they could make political points while they held Americans hostage – again. You also fail to mention the fact that Republicans never vote for anything that supports the middle class and certainly not the poor – choosing instead to protect the rich "job creators" i.e. the fat cats who created no job but sent the jobs offshore instead. If you'd stop getting your "facts" from Fox News you might learn something.
Guess what, deal has been reached on payroll tax extension, as we all knew would happen! now they will all congratulate each other for having pulled us back from the abyss yet again! nauseating! let's vote everyone out next year, we need to start from scratch! lWe need term-Limits. let's make sure the next president is not bought + paid for by big industry! creating a flat tax for everbody + nationalizing healthcare would all be a step in the right direction! – marita
Still haven't figured out why a Canadian shale oil pipeline was included in a tax credit bill. Why not keep the two seperate to begin with?
It is a mighty accomplishment if you can make our President look good. But he sure did and all the while phoning it in from one of three places: a campaign stop on the taxpayer dime, a vacation, or a golf outing at a country club with no minority members.