All Posts Tagged With: "john a boehner"
Congress Seeks Compromise on Payroll Tax Cut
Compromise on tax and spending legislation got more complicated when the Republican members of the house passes a controversial version of the payroll tax cut extension despite a veto threat from President Obama. This latest move could derail the deal that would fund the government until next September. This raised the chances of a possible [...]
Obama’s Tax Cut Proposal Divides the GOP
The most vital part of President Barack Obama’s jobs plan is the payroll tax cut, which in turn became a problem to the Republicans. The opposition is divided about how to react about the president’s proposal that was announced during his speech in front of a joint session of Congress. The Republicans like tax cuts [...]
US Congress Approves Debt Ceiling Deal Ahead of Deadline
President Barack Obama and the Congressional leaders announced late Sunday that they have agreed on a deal that would cut trillions of dollars in government spending as well as increase its debt limit. The leaders would present the terms of their deal on Monday and they hope that it would be enacted before the August [...]
House Republicans Pass Symbolic Bill on Debt Limit
Republicans in the House passed a legislation that calls for a limit on spending by the federal government and an amendment to the constitution that would try to decrease the budget deficit. It would not progress in the Senate. President Barack Obama said that they should already consider a solution to solve the budget problem [...]
Federal Budget Talks Still Ongoing
As the government is on the verge of a shutdown, President Barack Obama summoned congressional leaders to the White House to work on a compromise but as the late night session ended, they failed to break the stalemate as the Republicans want more budget cuts. Behind the scenes, negotiators saw some progress on the details [...]
