Free Republic

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...

(Washington, DC) -- Republican congressional leaders are reportedly agreeing to billions of dollars in revenue increases as federal deficit discussions continue. Republican Senator Jon Kyl announced the move today saying revenue increases don't necessarily mean tax hikes. On the Senate floor Kyl said, quote, "If the government sells something and gets revenue from it, that's revenue." He also suggested user fees for government services could provide additional revenue. He says all the revenue increases Republicans have agreed to amount to between 150 billion and 200 billion dollars.