Skip to comments.House rejects payroll tax cut; Obama's vacation on hold
Posted on 12/20/2011 4:27:54 PM PST by NCjim
WASHINGTON >>The House rejected legislation to extend a payroll tax cut and jobless benefits for two months, drawing a swift rebuke from President Barack Obama that Republicans were threatening higher taxes on 160 million workers on Jan. 1.
Obama, in an appearance in the White House briefing room after the House vote today, said the two-month compromise is the only way to stop payroll taxes from going up by two percentage points.
"Now let's be clear," Obama said in a surprise appearance in the White House briefing room. "The bipartisan compromise that was reached on Saturday is the only viable way to prevent a tax hike on January 1st. The only one."
Obama said failure to pass the Senate version of the payroll tax cut extension could endanger the U.S. economic recovery, which he described as "fragile but moving in the right direction."
House Republicans controlling the chamber want instead immediate negotiations on a year-long plan with the Senate where the top Democrat again ruled out talks until the House passes the stopgap measure.
"President Obama needs to call on Senate Democrats to go back into session ... and resolve this bill as soon as possible," said House Speaker Boehner, R-Ohio. "I need the president to help out."
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Any chance of a snow storm in DC ?
(I know there’s a sh*tstorm in the white house this evening,)
what are we? 950 days without a Dem Senate budget? good luck getting those bums back from their yacht clubs.
Thank God Mooch was smart enough to get an early flight out, or she’d be stuck in that rat hole too.
Who understands why the Dems want 2 months?
Go pubs, keep them there till New Years if you have to.
I love the sound of sqealing democrats, it’s music to
Shelly’ll keep a light on for him...
Does a bear defacate in the timberland?
Does a frog have a watertight bunghole?
Does Moochelle have a huge @ss?
What the heck? The Wide Load Wookie is wining and dining in Waikiki, 5500 miles away.
Barry and the "boys" are celebratin' Chicago style
Honestly, I think Boehner is fighting a losing battle. He’s really doing damage to the GOP over this. Does this make sense to anyone? He’s right, but he’s not going to win and BO will take this all the way to reelection.
You can bet there is in the white hut but it's not the frozen rain type of snow.
You’re exactly right. The media will constantly say the republicans are raising taxes on the middle class and won’t raise taxes on the wealthy. And, sadly, all those idiots who watch John Stewart will believe it.
The republicans simply can’t learn how to be in charge. It tells me they may look and act smart, but......I have to wonder if they even realized Jackson-Lee was wrong about the flag being planted on Mars.
FNC’s Shemp was just blasting the GOP over not passing this bill today and warned us that some “poll” shows that the “independents” trust Barry Soetoro on taxes more than they do the Republicans. Doomsday for the GOP according to Shemp. In his next story, he bragged about the stock market being up over 300 points today. Ummmm. I don’t get it.
There was 1 republican who knew how to steer the Political Conversation and get things done: House Speaker Newt Gingrich.
Offered the choice of a 12 month extension or no extension you think the Senate or Obama would profit by choosing no extension?
I don’t think they can say no. We won’t get everything in our bill but we’ll get more than is in the Senate bill.
The election is many months away and anyone so intellectually challenged as to be unable to see through the democrats argument is also unlikely to have a memory span that long. The Senate Republicans are the villain in this matter.
The Dem’s 2 month bill is paid for with fees that have broad support- no cuts.
When it runs out they’ll be able to frame the debate “taxes on the rich or else...”.
And then we won’t be able to say no.
The Republicans are getting killed on this issue. Of all the issues to stake out your position on, this is the absolute worst thing I can think of.
Obama is getting a big break on this and the Republicans are looking like Scrooge.
Way to make a economic point and at the same time lose the support of the majority of working people.
Political reality is a bitch.
If we don’t get the 12 month extension it’ll be a disaster.
Otherwise people seeing that little extra in their check each week will be thanking us.
Of course the media will do what it can. Some people getting that cut will know where it came from.
Mister Obama planned an unusually long vacation in order to (intentionally) cut it short so as to make him seem like a victim/hero.
In other words, I suspect theatrics and deceit. It's really all they know.
If MO and the girls are in Hawaii, maybe Barak can have some of his butt buddies over for the holidays.
That is why I totally support Gingrich. He has the guts and the inside knowledge to rip Democrats and RINO Republicans a new one and get the House business done.
Plan to have housing industry pay for payroll tax cut passes Senate
Two-month extension would be funded by tacking extra fees onto Fannie and Freddie mortgages
The real ‘beauty’ here is when The House passed a bill Reid was able to say “DOA”.
So the pResident and Press got to say the R’s were stonewalling.
When The House said the Senate should maybe come back to ‘discuss’ the reasoning behind 2 months, again Reid say No way I am recalling and the pResident and Press again accuse the R’s of being uncooperative.
Am I (or we) missing something hear? Or is Reid calling ALL the shots?
All the GOP has to say is that their bill offers 6 times the relief. Your move RATs.
“Now let’s be clear,”
They want an issue that keeps on giving. Trying to raise taxes on the wealthy.
Reid $X < Boehner $6X even Democrats can understand that.
I’m not sure why you think the Republicans are getting killed. The House already passed a bill with a 12 month tax cut. The Rat led Senate’s bill only has a two month tax cut, which is nearly impossible for employers to program into their payroll software.
I grant you that message is not getting out because Boehner is an idiot. Things would be much better if Newt were still Speaker.
I think that most people miss this point. It’s not exactly 2% for 2 months. People usually figure interest on a yearly basis or Annual Percent Rate (APR).
Let’s do the math. 2% for 2 months or 2/12 of a year! That’s a little more than .16% APR.
Am I (or we) missing something hear? Or is Reid calling ALL the shots?
You’re close. Your observation that the Dems always look the good guy is also correct, but it is the MSM that is calling the shots - and Harry Reid knows they have his back.
If the dems don’t cave and the republicans stand their ground, the tax break goes away and the republicans get the blame for raising taxes. And I truly believe the dems would do it because they sure as hell don’t care about anything but campaign issues to get obama re-elected.
If the republicans cave and they pass a 60 day extension there’s no way the dems can come back and vote against a year. If they did, they’d be taking responsibility for the tax hike.
YES! This is what I’ve been waiting to hear. Obama does not get to go to Hawaii for any of the 17 days. Really? I hope some of the Republicans can stay in DC and wait him out. I saw the interuption of the press conference this afternoon when te Won pushed aside his press sec to tell us all how it will be. I can’t wait for tomorrow.