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Payroll Tax Cut

Transportation Nation

Transit Tax Deduction Amendment Doesn't Make Payroll Deal

Wednesday, February 15, 2012

New York Senator Charles Schumer has been pushing to restore the transit tax deduction as part of the payroll tax deal.

But as of late Wednesday,  Schumer's office said the amendment was not part of the deal.

In December, Congress let a tax break for transit riders expire.  The benefit gave both drivers and transit riders $230 in pre-tax dollars to spend on commuting.  As of January 1, transit riders lost $105 in deductions, and drivers gained $10

Schumer still has an amendment to get the benefit restored in the Senate Transportation bill, but the fate of that bill is uncertain.

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It's A Free Blog

Opinion: Boehner Must Battle With His Own 'Party of No'

Tuesday, February 14, 2012

Speaker Boehner has signaled support for the payroll tax cut extension, but it doesn't address his problem: whether his own caucus will go along with him

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The Takeaway

GOP Leaders May Agree to Extend Payroll Tax Cut

Tuesday, February 14, 2012

Despite months of partisan bickering, plans to extend the payroll tax cut have remained at an impasse — and all the while, the end-of-the-month expiration date was drawing nearer. But Monday afternoon, GOP leaders reversed their stance and agreed to extend the payroll tax cuts for another ten months beyond February. They have also rescinded their demand that congress find a way to pay for it.

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It's A Free Blog

Opinion: 'Baby-Step' Recovery Shows Government Can, Should do More

Monday, February 06, 2012

Economic recovery is coming about without sweeping action from Washington. But little decisions along the way are helping, and bigger ones could do even more.

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The Takeaway

Friday Follow: Payroll Tax, US-Pakistan Relations, Iraq Terror Scandal

Friday, December 23, 2011

This week North Korean dictator Kim Jong-il died, a Pentagon investigation into airstrikes that killed 26 Pakistani soldiers heightened tensions between the U.S. and Pakistan, Countrywide was ordered to pay $355 million for discriminating against black and Latino borrowers, and a terrorism scandal in Iraq's second-highest office broke. 

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The Takeaway

House GOP Agrees to Payroll Tax Cut Extension

Friday, December 23, 2011

Responding to near-universal condemnation from the White House, The Wall Street Journal op-ed page, and senior members of their own party, the House GOP agreed Thursday to accept a temporary extension of the payroll tax cut and unemployment benefits the Senate approved last Saturday. House Republicans rejected an almost identical proposal on Tuesday. The stunning about face came after members of their own party criticized the House GOP for handing a political victory to President Obama. The deal will keep the payroll tax at 4.2 percent and expands the holiday to small businesses that have temporary caps on wages.

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It's A Free Country ®

Payroll Tax Standoff Alienates Latino Voters from GOP

Thursday, December 22, 2011

Among the millions who will have less money to survive on are Latinos and other immigrants who are here legally or are naturalized citizens.

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The Takeaway

House Republicans Reject Payroll Tax Deal

Wednesday, December 21, 2011

Republicans in the House of Representatives have rejected a deal that would have extended the payroll tax holiday and extended unemployment benefits for millions of Americans. Not passing the bill, which enjoyed overwhelming support from both parties in the Senate and the White House, will cause payroll taxes to go up by about $20 per paycheck for tens of millions of Americans. More than three million people stand to lose their unemployment benefits. House Speaker John Boehner (R-OH) has called on the Senate, which adjourned Saturday, to return to negotiations, though Democrats are refusing to return to negotiations.

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It's A Free Blog

Opinion: Tax Standoff Caps John Boehner's Terrible Year

Wednesday, December 21, 2011

Boehner must be realizing now that what keeps his caucus happy is very different than what keeps voters back home happy.

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The Takeaway

Standoff in Congress Over Payroll Tax Extension

Tuesday, December 20, 2011

Just a day after an extension of the payroll tax cut passed the Senate by an overwhelming margin, Speaker John Boehner announced that he would not bring the bill to the House floor for a vote immediately. Instead, Boehner says Congress should pass a full-year extension of the payroll tax cut rather than the two-month extension agreed upon by the Senate. The House GOP is expected to vote the bill down Tuesday.

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The Takeaway

This Week's Agenda: Kim Jong-il Dies, Congressional Showdown

Monday, December 19, 2011

The death of Kim Jong-il and the future of both North and South Korea will dominate the headlines this week. Also, Republicans and Democrats are about to have another showdown over a deal to extend payroll tax cutsCharlie Herman, business and economics editor for The Takeaway and WNYC, and Takeaway Washington correspondent Todd Zwillich discuss the major stories for the week ahead.

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The Takeaway

House and Senate Wrangle Over Payroll Tax Cut

Wednesday, December 14, 2011

The House of Representatives passed a bill extending payroll tax cuts and unemployment benefits Tuesday night, despite a warning by The White House that the bill would be vetoed for a provision that forces work on the Keystone XL pipeline. Construction of the pipeline, which is opposed by environmentalists, was delayed by the State Department until after the 2012 elections. President Obama, who has advocated both measures in recent weeks, vowed to veto any bill that was attached to other measures. Majority Leader Harry Reid declared the bill "dead on arrival" in the Senate.

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The Brian Lehrer Show

Rep. Garrett: Keystone Pipeline, not Payroll Tax Cut, is Real Job-Creator

Tuesday, December 13, 2011

Recap from It's a Free Country.

Welcome to Politics Bites, where every afternoon at It's A Free Country, we bring you the unmissable quotes from the morning's political conversations on WNYC. Today on the Brian Lehrer Show, US Congressman (R-NJ 5th) Scott Garrett discussed unfinished business including the payroll tax holiday and unemployment benefits.

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The Takeaway

Obama and GOP Clash on Payroll Tax and Oil Pipeline

Tuesday, December 13, 2011

The White House and Congressional Republicans are moving toward yet another high-stakes standoff, this time over a proposed extension of the payroll tax holiday and an oil pipeline. Republicans have proposed a plan to continue the payroll tax cut, which the president has advocated, with legislation that would force approval of the Keystone XL oil pipeline. Approval of the pipeline, which would stretch from Canada to Texas, was postponed by the State Department because of environmental concerns. President Obama has previously vowed not to pass any payroll tax plan that was attached to other legislation.

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The Brian Lehrer Show

Gillibrand: Keystone Pipeline 'Poison Pill' for Payroll Tax Cut

Monday, December 12, 2011

Recap from It's a Free Country.

Welcome to Politics Bites, where every afternoon at It's A Free Country, we bring you the unmissable quotes from the morning's political conversations on WNYC. Today on the Brian Lehrer Show, New York Senator (D) Kirsten Gillibrand rounded up news from Washington as the legislative session wraps up, from the payroll tax cuts to unemployment benefits and more.

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It's A Free Country ®

Five Things We Learned from Obama's Roosevelt Speech

Tuesday, December 06, 2011

More than just another call to extend a payroll tax cut, today's speech from President Obama on the economy gave a broad idea of the kind of campaign he'll run during the general election, and what his policy priorities would be if he won a second term.

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