Topic: Barack Obama

US Senate approves tax, pipeline deal

The US Senate passed a $1 trillion spending bill and a two-month payroll tax cut holiday extension Saturday, setting up fresh congressional gridlock for the 2012 election year.The compromise tax measure further dented President Barack Obama's authority by forcing him to revisit ...

Obama 'pleased' with payroll tax cut

US President Barack Obama said Saturday he was "pleased" with a Senate deal to satisfy his demand to safeguard a payroll tax holiday, but called on lawmakers to extend it for the whole of 2012."I am very pleased to see the work ...

Senate passes payroll tax cut and spending bill

WASHINGTON (Reuters) - The Senate on Saturday approved a two-month extension of the payroll tax cut and a $1 trillion bill to fund the government, resolving the latest in a year-long series of tense political stand-offs but setting up fresh battles for ...

Obama welcomes tax cut deal

WASHINGTON (Reuters) - President Barack Obama welcomed a deal on Saturday worked out by divided lawmakers to extend a payroll tax cut for U.S. workers by two months and to continue emergency jobless aid."This is spending money that also benefits families and ...

Senate passes two-month payroll tax cut extension

WASHINGTON (Reuters) - The Senate voted on Saturday to extend a payroll tax cut for two months in legislation that also attempts to force President Barack Obama to approve construction of an oil pipeline.The Senate overwhelmingly passed the legislation by a vote ...

Republicans tweak Obama with new pipeline gambit

Republicans launched a new bid Friday to make President Barack Obama's effort to extend a tax holiday for 160 million Americans conditional on a contentious US-Canada pipeline project.The president's conservative foes warned they would not extend the payroll tax cut without a ...

Divided lawmakers muster modest tax deal

WASHINGTON (Reuters) - Deeply divided U.S. lawmakers on Friday eked out an agreement to extend payroll tax cuts for just two months, and only after Democrats bowed to Republican demands on a controversial oil pipeline.The deal, which still needs approval of the ...

Keystone pipeline looms large in U.S. tax-cut talks

WASHINGTON (Reuters) - Lawmakers intensified efforts on Friday to extend payroll tax relief for Americans, and it appeared likely that language to speed approval of a controversial oil pipeline might be part of a deal.With Senate leaders huddling in offices near the ...
US congressional leaders struck a $1 trillion funding deal to avert a pre-Christmas government shutdown, as talks between Democrats and Republicans for once defused a bitter confrontation.Negotiators were also considering an extension of a payroll tax cut demanded by President Barack Obama ...

US lawmakers race clock as shutdown looms

The White House and lawmakers held frantic talks to ease a pre-Christmas standoff Thursday, seeking to avoid a government shutdown which would deepen the American public's disdain for its leaders.After a day of vitriol on Wednesday, President Barack Obama's Democrats and his ...