GOP leaders drop key demand in payroll tax cut standoff
Washington (CNN) - In a sharp turnaround, House Republican leaders Monday dropped a key demand that the cost of extending the payroll tax cut be offset by spending cuts elsewhere in the budget.
The decision removes a major obstacle to passage of the tax cut extension for the rest of the year, a move that has been in question.
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Republicans furious over Obama recess appointments
Washington (CNN) - Congressional Republicans were furious Wednesday after President Obama's recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau, arguing the move was unconstitutional because the Senate has met every three or four days over the holiday period and therefore was not on a recess.
"This is an extraordinary and entirely unprecedented power grab by President Obama," complained House Speaker John Boehner, R-Ohio, in a statement, saying it "would have a devastating effect on the checks and balances that are enshrined in our constitution."
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