To the Point
House Republicans Say No Deal on Payroll Tax Cut
Tonight, the Republican-dominated House is expected to reject the Senate’s hard-won compromise on a 2-month tax-cut and unemployment extension. That could mean a 1000-dollar average tax increase for 160 million Americans on the first of the year. Democrats, from Capitol Hill to the White House, are outraged—claiming that House Speaker John…
Tonight, the Republican-dominated House is expected to reject the Senate’s hard-won compromise on a 2-month tax-cut and unemployment extension. That could mean a 1000-dollar average tax increase for 160 million Americans on the first of the year. Democrats, from Capitol Hill to the White House, are outraged—claiming that House Speaker John Boehner can’t control his Tea-Party members. But Boehner this morning took a hard line…