Topic: U.S. Republican Party

Senate passes payroll tax cut, spending bill

WASHINGTON (Reuters) - The Senate on Saturday approved a $1 trillion bill to fund the government and a two-month extension of the payroll tax cut, putting a cap on a contentious political year but setting up a fresh battle for 2012.Democrats and ...

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 ...

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 ...
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 ...

Lawmakers scramble as government shutdown looms

WASHINGTON (Reuters) - Lawmakers, urged on by President Barack Obama, raced against the clock on Thursday to keep the government funded beyond Friday and extend a worker tax cut and jobless benefits.Republicans and Democrats appeared to be backing away from a high-stakes ...

Congress pushes for budget, payroll tax deals

WASHINGTON (Reuters) - The Congress, facing end-of-year deadline pressures and an unhappy electorate, rushed on Thursday to find compromises on legislation to keep the federal government functioning through 2012 and extend a payroll tax cut for 160 million Americans.After weeks of stuck ...
The White House asked Congress to pass a temporary spending measure to head off the prospect of a government shutdown as a bitter pre-Christmas standoff escalated with Republicans.The vast functions of the US government will creak to a halt unless a new ...

Democrats mull dropping millionaire surtax

WASHINGTON (Reuters) - President Barack Obama and fellow Democrats on Wednesday signaled a willingness to drop a proposed surtax on millionaires, but remained at odds with Republicans in efforts to extend an expiring payroll tax cut for 160 million Americans.Obama discussed abandoning ...

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 ...

Tax fight gets nastier as government shutdown looms

WASHINGTON (Reuters) - The United States on Wednesday faced the prospect of an imminent government shutdown for the third time this year as a fight between lawmakers in Congress over taxes and spending turned nastier.With time running out for a deal, President ...