Donna's Feed
Feb 22, 2012

Listen up voters, Congress is messaging you

WASHINGTON (Reuters) – When is legislation put up for a vote but never expected to become law?

Answer: When it’s in Congress, where an increasing number of purely symbolic votes are expected this election year as a divided Congress tries to make points with voters.

Feb 17, 2012

U.S. Congress ends bitter tax battle with bill passage

WASHINGTON, Feb 17 (Reuters) – The U.S. Congress ended
a three-month battle on Friday by passing legislation to extend
a tax cut for 160 million workers, a boon for both the economy
and Democratic President Barack Obama in this election year.

The outcome for Republicans and House of Representatives
Speaker John Boehner is far more murky. While Boehner has put
behind him a bill that has been nothing but political heartache,
nearly 40 percent of his rank-and-file voted against the measure
he advanced by compromising on a core Republican cause – deficit
reduction.

Feb 17, 2012

Payroll tax cut heads for congressional approval

WASHINGTON (Reuters) – A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.

The measure represents a victory for President Barack Obama and his fellow Democrats.

Feb 16, 2012

U.S. payroll tax cut heads for congressional approval

WASHINGTON (Reuters) – A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.

The measure represents a victory for President Barack Obama and his fellow Democrats. At the same time, it allows Republicans to move on from a battle over taxes that divided them and threatened their standing among voters in the November elections.

Feb 16, 2012

US Congress leaders rally support for tax deal

WASHINGTON, Feb 16 (Reuters) – Democratic and
Republican leaders rallied support on Thursday in a divided U.S.
Congress for a bipartisan deal to renew a payroll tax cut for
160 million U.S. workers through the November elections.

The agreement represents a victory for President Barack
Obama and his fellow Democrats in Congress, and allows
Republicans to put behind them a battle over taxes that
threatened to hurt them in the November elections.

Feb 15, 2012

U.S. lawmakers get tentative deal on payroll tax, jobless benefits

WASHINGTON (Reuters) – U.S. lawmakers reached a tentative deal on Tuesday on legislation aimed at boosting the economy by extending a payroll tax cut for 160 million workers through this year and continuing long-term jobless benefits, congressional aides said.

The tentative agreement, mainly negotiated by Democratic Senator Max Baucus and Republican Representative Dave Camp, is expected to be formally signed on Wednesday by the bipartisan negotiating panel they head. That would clear the way for a House of Representatives vote possibly by week’s end.

Feb 14, 2012

US lawmakers near payroll tax cut, jobless benefits deal

WASHINGTON, Feb 14 (Reuters) – U.S. lawmakers were
close to a deal on Tuesday on legislation that would boost the
economy in the short term by extending a payroll tax cut for 160
million workers through this year and continue long-term jobless
benefits, congressional aides said.

A deal could be reached as early as Tuesday night if
Republicans in the House of Representatives agreed to it, a
congressional aide told Reuters. House members were due to meet
at 6 p.m. (2300 GMT) to discuss it.

Feb 14, 2012

Lawmakers near deal on payroll tax cut, jobless benefits

WASHINGTON (Reuters) – U.S. lawmakers were nearing a deal on Tuesday on legislation that would boost the economy in the short term by extending a payroll tax cut for 160 million workers and long-term jobless benefits for a full year, congressional aides said.

As Democratic and Republican negotiators worked on the final details of a broad agreement, President Barack Obama upped the pressure, telling lawmakers not to derail the economic recovery by allowing the measures to expire at the end of the month.

Feb 13, 2012

Republicans drop demand to pay for U.S. payroll tax cut

WASHINGTON (Reuters) – In a surprise about-face, Republican leaders in the U.S. House of Representatives dropped their demand on Monday for spending cuts to offset the costs of extending a soon-to-expire payroll tax cut for 160 million workers.

The Republican offer represented a potential breakthrough in deadlocked negotiations with Democrats but it could draw fire from budget-slashing conservatives within the party who are staunchly opposed to adding to a trillion-plus deficit.

Feb 9, 2012

Republicans push to wrap up payroll tax talks

WASHINGTON (Reuters) – Republicans expressed frustration on Thursday at the slow pace of negotiations over extending a tax break for workers that expires at the end of the month, accusing President Barack Obama and Senate Democrats of blocking agreement.

House of Representatives Speaker John Boehner, the top Republican in Congress, said negotiators needed to “get moving” to reach agreement on how to pay for the roughly $170 billion package for a full year.

    • About Donna

      "Washington congressional correspondent specializing in economics, taxes and budget issues. Covered the healthcare reform legislation and President George W. Bush's push to overhaul Social Security. Also covered the savings and loan crisis and spent time covering the White House during President Bill Clinton's administration. Covered trade and Federal Reserve policy as well."
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