BREAKING: Tentative deal reached on payroll tax cut extension
February 14th, 2012
07:44 PM ET
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9 years ago

BREAKING: Tentative deal reached on payroll tax cut extension

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(CNN) - Congressional negotiators have reached a tentative deal to extend the payroll tax cut and unemployment benefits while avoiding a fee cut for Medicare doctors, according to Republican legislators and aides.
Filed under: Congress
GOP rejects Dems offer in 'super committee,' negotiations 'deadlocked' over taxes
October 26th, 2011
03:53 PM ET
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9 years ago

GOP rejects Dems offer in 'super committee,' negotiations 'deadlocked' over taxes

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Washington (CNN) - Democrats on the so-called "super committee" proposed during a closed meeting Tuesday a $3 trillion plan designed to slash the federal deficit but Republicans swiftly and decisively rejected it because it relied heavily on tax increases, according to several congressional sources from both parties.

One top Republican aide described the Democratic offer as "outrageously absurd" and a "non-starter," and a sign the super committee may ultimately fail. But this is the first time in the months since the committee began its negotiations that any group in the committee has offered a specific plan.
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Filed under: Congress • Debt • Deficit • Deficit commission • Democrats • Republicans