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Feb 17, 2012

U.S. Congress extends payroll tax cut, sends to Obama

WASHINGTON, Feb 17 (Reuters) – The U.S. Congress on
Friday passed legislation extending a tax cut for 160 million
workers through December and continuing long-term jobless
benefits, handing President Barack Obama a major victory in this
election year.

In two quick bipartisan votes, the House of Representatives
passed the measure 293-132, and minutes later the Senate passed
it 60-36.

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 16, 2012

US lawmakers announce bipartisan payroll tax-cut deal

WASHINGTON, Feb 16 (Reuters) – A payroll tax cut for
160 million Americans, set to expire at the end of this month,
would be extended through December under a bipartisan deal
announced early on Thursday by U.S. congressional leaders.

The accord would also renew expiring jobless benefits for
millions of others and prevent a pay cut for doctors of elderly
Medicare patients.

Feb 16, 2012

Negotiators reach deal on Congress payroll tax cut bill

WASHINGTON (Reuters) – Negotiators on Wednesday reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.

“The deal is done,” a top Republican aide said after the main negotiators from both parties worked out their remaining differences. A senior Democratic aide said the top negotiators had finished their work.

Feb 15, 2012

U.S. Republicans, Democrats seal rare deal on taxes

WASHINGTON (Reuters) – U.S. lawmakers on Wednesday reached a sweeping tax cut deal that provides a victory to Democrats and frees Republicans of an issue that threatened to stalk them to the November elections.

“The deal is done,” a top Republican aide said after the main negotiators from both parties worked out their remaining differences. A senior Democratic aide said the top negotiators had finished their work.

Feb 15, 2012

US payroll tax deal a win for Democrats, solves problem for Republicans

WASHINGTON, Feb 15 (Reuters) – U.S. congressional
negotiators on Wednesday worked to finish details on a
comprehensive payroll tax cut deal that would give Democrats a
rare victory and free Republicans of an issue that threatened to
stalk them to the November elections.

If no last-minute problems arise, the House of
Representatives and Senate were expected to vote by the end of
this week to extend President Barack Obama’s tax cut for 160
million workers through Dec. 31.

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.

    • About Thomas

      "Thomas Ferraro joined Reuters in 1998; he has helped cover a number of presidential campaigns and is a veteran of Capitol Hill where he has seen Democratic and Republican majorities rise and fall. He has also covered a number of Supreme Court confirmation battles, including those of four nominees now on the highest U.S. court."
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