Topic: Reuters Group plc

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 ...

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

WASHINGTON (Reuters) - U.S. 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 ...

Democrats mull dropping millionaire surtax

WASHINGTON (Reuters) - President Barack Obama and fellow Democrats on Wednesday considered dropping their proposed surtax on millionaires in a bid to reach a deal with Republicans to extend a payroll tax cut for 160 million Americans set to expire at year's ...

Democrats weigh dropping millionaire tax proposal

WASHINGTON (Reuters) - President Barack Obama and fellow Democrats are considering dropping a surtax on millionaires to pay for a payroll tax cut for U.S. workers, a move that would remove a major stumbling block to a compromise deal with Republicans.Obama discussed ...

House defies Obama on payroll tax bill

WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives defied a White House veto threat on Tuesday and passed a bill to expedite approval of the Keystone XL Canada-to-Texas pipeline project.The provision was part of a broader bill that would also extend ...

U.S. spending bill in jeopardy as lawmakers bicker

WASHINGTON (Reuters) - A bill that would keep the U.S. government operating beyond the weekend appeared in trouble on Tuesday as lawmakers bickered over whether they had resolved policy issues such as abortion funding and travel to Cuba.The bill has been caught ...

Congress cannot accelerate Keystone decision: State Department

WASHINGTON (Reuters) - The U.S. State Department warned on Monday that a plan by congressional Republicans to fast track the Canada-to-Texas Keystone XL pipeline decision would violate environmental laws and force it to withhold approval."Should Congress impose an arbitrary deadline for the ...

Greece opens bailout, debt swap talks

ATHENS (Reuters) - Greece began a round of talks with the EU, the IMF and bankers on Monday, with negotiators facing a tight timetable to decide key aspects of a new bailout plan to pull the country out of its economic crisis.Inspectors ...

McConnell expects bipartisan deal on tax cut

WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell predicted on Sunday that Congress will renew a popular payroll tax cut, but it remained unclear how lawmakers will resolve deep differences before the December 31 deadline.While he did not unveil a new deal, ...

Republican leader confident of tax break renewal

WASHINGTON (Reuters) - Senate Republican Leader Mitch McConnell said on Sunday that Congress will somehow reach an agreement to renew a popular payroll tax cut set to expire at the end of this month."Of course, it has bipartisan support," McConnell told "Fox ...