Topic: U.S. Congressional Politics

Congress poised to pass payroll tax cut deal

(Reuters) - Congress, after months of bitter fighting, is poised on Friday to pass a payroll tax cut extension that President Barack Obama argues is vital to the health of the economy.The legislation would continue for two months a 4.2 percent payroll ...

Senate Republican tries to end tax impasse

WASHINGTON (Reuters) - The top Senate Republican on Thursday sought to break a year-end impasse over extending a payroll tax cut for 160 million Americans, an issue that has deeply divided his party and raised the risk of an economic downturn in ...

Italy's Senate definitively approves austerity budget

ROME (Reuters) - Italy's Senate Thursday definitively approved Prime Minister Mario Monti's 33-billion-euro austerity package aimed at restoring market confidence in the euro zone's third-biggest economy.The Senate voted 257 to 41 in a confidence vote called to speed the passage of the ...

Republicans stick to guns despite scorn

US Republican lawmakers faced a torrent of political pressure and media scorn Wednesday after triggering an uproar by blocking a compromise plan to extend a tax break for 160 million Americans.The conservative editorial page of the Wall Street Journal, normally a bastion ...

Man faces prison for threats to senior lawmaker

NASHVILLE, Tenn (Reuters) - A Tennessee man has pleaded guilty to making drunken and profanity-laced telephone threats to U.S. House of Representatives Majority Leader Eric Cantor and his family.Glendon Swift, 64, pleaded guilty on Tuesday to threatening a family member of a ...

Payroll tax cut in doubt with stand-off in Congress

WASHINGTON (Reuters) - A payroll tax cut for 160 million American workers was in limbo on Wednesday with Democrats and Republicans in Congress accusing each other of bringing an extension to a dead stop.If Congress cannot produce a deal by a December ...

Obama, Boehner lock horns in payroll tax fight

WASHINGTON (Reuters) - President Barack Obama demanded on Tuesday that Republicans in the House of Representatives pass a short-term extension of a payroll tax cut, showing an unwillingness to back down in a fight that could result in higher taxes for 160 ...
Determined to avoid ending their days in a retirement center, elderly Washingtonians living in the shadow of Capitol Hill are working together in a village-like community to stay in their homes."I wouldn't want to be in a nursing home. I love my ...

Republicans spark turmoil over tax deal

Republican lawmakers are set to reject a bipartisan compromise on extending a payroll tax holiday and unemployment benefits, in a new twist to a bitter year-end Washington showdown.Time is running out for Congress to act on President Barack Obama's demand for a ...

Payroll tax cut extension stuck in partisan fight

WASHINGTON (Reuters) - With a tax cut for 160 million U.S. workers set to expire in less than two weeks, Republicans and Democrats in Congress on Monday were mired in a last-ditch battle over extending it.In a surprise turnabout, Republicans in the ...
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