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Deal reached on unemployment, payroll tax cut
cbs ^ | 2/16/2012 | ap

Posted on 02/16/2012 8:46:50 AM PST by tobyhill

Relieved congressional bargainers say they've reached agreement on compromise legislation extending payroll tax cuts and benefits for the long-term unemployed through 2012, edging a white-hot political battle a major step closer to finally being resolved.

Rep. David Camp, R-Mich., and Sen. Max Baucus, D-Mont., the two top negotiators, strode from a conference room minutes after midnight Thursday to say that only technical issues and the drafting of legislative language remained. The bill would assure a continued tax cut for 160 million workers and jobless benefits for several million others, delivering top election-year priorities for President Barack Obama.

"It's a very good deal for the country," said Baucus, who chairs the Senate Finance Committee.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: payrolltax; unemployment
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To: Brown Deer

If you cannot argue the facts . . . .


81 posted on 02/17/2012 6:58:47 PM PST by 1rudeboy
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To: Toddsterpatriot

That’s what is amusing. They keep returning to it like dogs to vomit. How many times did I have to repeat myself on this thread?


82 posted on 02/17/2012 7:02:01 PM PST by 1rudeboy
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To: 1rudeboy

still waiting for you to explain how the unemployment rate is calculated...

I really don’t believe you have a clue.


83 posted on 02/17/2012 7:02:43 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer
Oh, so now I don't know how it is calculated? LOL

How about admitting that unemployment compensation has nothing to do with the way the unemployment rate is calculated, for starters.

You do that, and we can begin talking about "how the unemployment rate is calculated."

84 posted on 02/17/2012 7:06:46 PM PST by 1rudeboy
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To: 1rudeboy

I guess I was right. You know nothing.


85 posted on 02/17/2012 7:08:21 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer

Brilliant response. Completely invalidating everything I’ve stated on this thread to this point. You are the master.


86 posted on 02/17/2012 7:12:20 PM PST by 1rudeboy
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To: 1rudeboy

btw moron, you are the only one on this thread that keeps trying to associate unemployment compensation with U-3. Seems like you also have a problem with your basic reading comprehension.


87 posted on 02/17/2012 7:14:27 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer

you still haven’t shown anyone that you understand U-3 or how the unemployment rate is calculated. Why do you keep avoiding the question?


88 posted on 02/17/2012 7:15:42 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer
Oh, my . . . you need just a little bit of rest to reread the thread. I can't help it if you decide to argue with the voices in your head. Because you certainly are not arguing with me.

Does that happen often? When you are wrong?

89 posted on 02/17/2012 7:19:01 PM PST by 1rudeboy
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To: 1rudeboy

90 posted on 02/17/2012 7:23:57 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer

Here, I’ll make one more attempt to bring you back from full retard. You ask if I know how U-3 is calcualted, and the answer is yes. Do you understand that unemployment compensation has nothing to do with its calculation?


91 posted on 02/17/2012 7:30:51 PM PST by 1rudeboy
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To: 1rudeboy
You ask if I know how U-3 is calcualted, and the answer is yes.

You really do have a problem with your basic reading comprehension. That's too bad. I feel sorry for you.
92 posted on 02/17/2012 7:38:55 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer
So, in other words, you admit that unemployment compensation has nothing to do with the way U-3 (or U-6, etc.) is calculated. Thanks.
93 posted on 02/17/2012 7:42:36 PM PST by 1rudeboy
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To: 1rudeboy

Please point me to where you read that.


94 posted on 02/17/2012 7:51:02 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer

LOL, you’re the expert on U-3, I guess . . . LOLOLOL


95 posted on 02/17/2012 7:53:04 PM PST by 1rudeboy
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To: 1rudeboy

It’s about time you admitted that you don’t know what you’re babbling about. So long loser.


96 posted on 02/17/2012 7:58:46 PM PST by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer

Buh bye. See you on the next econ thread.


97 posted on 02/17/2012 8:00:01 PM PST by 1rudeboy
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To: 1rudeboy; Brown Deer
Most annoying is to correct someone only to see them repeat the same falsehood later. Please pay particular attention to the second paragraph. From the BLS website:

In other words, the website you so helpfully pointed us to says exactly what I was using to come to my conclusion. Thank you for substantiating my statement.

Now, perhaps, you wouldn't have to "correct" people every week if you actually knew what you were talking about, or had the sense to simply mind your own business instead of trying to be a busybody ninny who feels like he has to go around and "correct" everybody all the time.

98 posted on 02/18/2012 4:45:06 PM PST by Yashcheritsiy
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To: Yashcheritsiy
Like I said, Full Retard. Your statement, that "Because of the way they calculate U3, this (should) ironically make the U3 start shooting back up" [emphasis added], is false.

Unless you do not understand what the word "because" means. I am wondering.

99 posted on 02/18/2012 5:39:13 PM PST by 1rudeboy
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To: 1rudeboy

Uh huh. When you finally figure out how to use fractions, come see me.


100 posted on 02/18/2012 6:30:09 PM PST by Yashcheritsiy
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