Posted on 12/22/2011 2:32:54 PM PST by MinorityRepublican
House speaker John Boehner is set to sign an offer from Obama to accelerate negotiations.
Republicans in the House of Representatives have capitulated in the showdown over the payroll tax, handing Barack Obama an important victory going into election year.
Under pressure from other senior Republicans for blocking a bill that would extend tax cuts to millions of Americans, the House speaker, John Boehner, is backing away from his insistence that any deal must cover a full year.
A deal agreed by Republicans and Democrats in the Senate on Saturday covers two months, to allow further negotiations in January. It appears that Boehner will sign up to an offer from Obama to accelerate these negotiations.
The deal means that, after a year of humiliation at the hands of congressional Republicans who have repeatedly threatened to close down the federal government, Obama is close to a much-needed victory.
The decisive moment came when ther Republican leader in the Senate, Mitch McConnell, after days of silence, lined up behind Barack Obama and the Democrats.
Boehner was blocking passage of a bill that would extend tax breaks to 160 million Americans, a measure introduced by Obama last year to help stimulate the US economy. If the bill is not passed by 31 December, American taxpayers face cuts in their pay of an average of $40 every two weeks. About 1.3 million people stand to lose unemployment benefit.
(Excerpt) Read more at guardian.co.uk ...
I think they are all losers. Boehner is an idiot. If he was gonna accept this thing he should have done it two day ago. What an idiot.
I want to find out how Ron Johnson voted too. I can’t see him holding his nose and caving on this. I will be so disappointed.
I want to find out how Ron Johnson voted too. I can’t see him holding his nose and caving on this. I will be so disappointed.
Will someone with the knowledge please do a spreadsheet on this matter.....
First of all, it’s an average of $1000/year taken out of my Social Security. What’s that going to cost me in my retirement income?? Compounded and all that...
(Assuming Social Security is even around...)
Secondly, now I have to pay income taxes on the $1000 they are taking from my paycheck. How much am I really getting?
Let’s put this into perspective in dollars and cents as to what the real cost of all this nonsense is.
Please, I know there are Freepers that can put these figures together. The press and politicians can’t seem to figure this out....
Thanks,
90 percent of the problem, aside from Repubs playing touch football when Dems play tackle, is that the “Main Stream Media” is as objective towards the Repubs as the old USSR Pravda was objective towards enemies of the USSR.
Anytime a conservative Repub gets a win, it represents a real ground swell as the Dem Party Press (MSN) and the Dem Party vote fraud machine account for est. 35 percent of the Dem Party’s elections, etc.
It’s a Philly thing, borrow me five= lend me five.
I'll take the money now rather than later.
Secondly, now I have to pay income taxes on the $1000 they are taking from my paycheck. How much am I really getting?
You have to pay taxes on it either way.
Supposedly FICA is not a tax it is insurance. Supposedly Social Security is severely underfunded, so are these folks taking a few dollars only to have their SS insurance taken away when they retire?
It’s a Philly thing, borrow me five= lend me five.
Anyone young Americans who think that Social Security is "insurance" or will be there when they "retire" deserve exactly what they will get - NOTHING.
Any young Americans who think that Social Security is "insurance" or will be there when they "retire" deserve exactly what they will get - NOTHING.
Boner needs to go
I hope Santa visits Boehner this weekend...and burns down his house.
John is morphing into Trent Lott as we speak.
Forget the GOP. I’m done with them. The party cannot be saved.
Boehner's in way over his head. The Tea Party tried to get someone competent in the Speaker's chair after the 2010 elections, but after all, ya know, it was Boehner's "turn".
Amen!
Ah, almost forgot about good old Trent!
I would have had more respect for Boehner if he had just passed the thing instead of holding it up and then chickening out.
You can’t win a war fighting battles with pea shooters.
DROP A FRICKIN’ NUKE!
There, war over.
It’s not the right thing to do. The right thing is to point out that we are doing nothing but giving people a loan against their so-called social security.
The right thing to do is make the point Soc Sec is obviously a ponzi scheme since the Dems agree, now, to underfund it. When Bush in 2006 tried to “privatize” it by letting you put the same 2% in private accounts the Dems SCREAMED BLOODY MURDER!
Can’t have it both ways. If John Boehner wasn’t a total douche he’d have pointed that out and maybe “won the battle” as you put it.
Instead they, again, put up the white flag and retreated crying (literally I’m sure), “fall back”.
If after 2010 it doesn’t show you that’s impossible then I don’t know what you expect in 2012.
What is the point in the right to rise if folks like Jeb make it impossible with their open border policy?
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