Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

2/17/2012 (2 years ago)

Catholic Online (www.catholic.org)

Senate Democrats largely favored extension, majority of Republicans opposed

The Senate and the House of Representatives have passed a bipartisan deal extending the payroll tax cut and unemployment benefits. The measure also avoids a Medicare fee cut for doctors for the rest of the year. The bill cleared the Senate in a 60-36 vote less than an hour. The House approved it by a 293-132 margin.

'We were not going to allow Democrats to continue to play games and cause a tax increase for hardworking Americans,' House Speaker John Boehner said, defending the decision to move forward with an unpaid extension. Boehner argued it was the only way to prevent a tax hike demanded by Democrats to help pay the cost.

"We were not going to allow Democrats to continue to play games and cause a tax increase for hardworking Americans," House Speaker John Boehner said, defending the decision to move forward with an unpaid extension. Boehner argued it was the only way to prevent a tax hike demanded by Democrats to help pay the cost.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

2/17/2012 (2 years ago)

Published in Politics & Policy

Keywords: Taxroll pay cut, unemployment benefits, Medicare, Senate, House


LOS ANGELES, CA (Catholic Online) - While 91 Republicans and 41 Democrats in the chamber voted against it, a majority of House Republicans and Democrats voted in favor of the bill. Senate Democrats voted overwhelmingly for the bill while Senate Republicans largely opposed it.

President Barack Obama has promised to sign the legislation. Debate on the politically sensitive measure has since ended.

A key part of Obama's economic recovery plan, the $100 billion payroll tax cut has reduced how much 160 million American workers pay into Social Security on their first $110,100 in wages. Instead of paying in 6.2 percent, they've been paying 4.2 percent for the past year and two months. It's essentially a break worth about $83 a month for someone making $50,000 a year.

Without the recent congressional action, all three of the measures would have expired at the end of February.

"Our founding fathers recognized that Washington would not always be united," Rep. Dave Camp of Michigan said, a top Republican involved in crafting the deal. "In their wisdom they knew that even divided government must still govern. And that is what we are doing here today -- governing and providing a solution to the very real problems Americans are facing in their daily lives."

House Minority Leader Nancy Pelosi, D-California said that "Today is a good day. This represents a victory for the middle class in our country."

House Speaker John Boehner, R-Ohio called the deal "a fair agreement and one that I support."

The agreement came together this week after House Republicans dropped a key demand earlier this week, saying they would accept the extended payroll tax cut without spending cuts elsewhere in the budget to cover the measure's roughly $100 billion cost.

The agreement would increase the federal deficit by $89 billion over 10 years, mostly through decreased tax revenue, according to the nonpartisan Congressional Budget Office. Numerous Republicans on Capitol Hill are vehemently opposed to any measure that increases the deficit. They are also concerned about diverting more revenue away from Social Security, and believe the unemployment insurance extension will discourage people from seeking work.

"We were not going to allow Democrats to continue to play games and cause a tax increase for hardworking Americans," Boehner said, defending the decision to move forward with an unpaid extension. Boehner argued it was the only way to prevent a tax hike demanded by Democrats to help pay the cost.

"We made a decision to bring them to the table so that the games would stop and we would get this worked out." Boehner said.

The other two measures in the package -- the unemployment benefits extension and the so-called "doc fix" -- are estimated to cost a combined $50 billion. Unlike the tax cut, however, they will be paid for.

.

---


Pope Francis: end world hunger through 'Prayer and Action'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for August 2014
Refugees:
That refugees, forced by violence to abandon their homes, may find a generous welcome and the protection of their rights.
Oceania: That Christians in Oceania may joyfully announce the faith to all the people of that region.



Comments


More Politics & Policy

Of nearly 38,000 immigrant children in the U.S. - only 280 deported Watch

Image of Federal officials expect another huge surge of children from Honduras, El Salvador and Guatemala to begin shortly after the temperatures go down.

By Catholic Online (NEWS CONSORTIUM)

In a surprising bit of news, the Obama administration has quietly released a huge majority of the illegal immigrant children who poured over the U.S. Mexico border earlier this year. Furthermore, they're making their homes in very well-to-do American ... continue reading


Classic Cloward-Piven: Here's the simple reason why Obama is breaking the immigration system in the USA Watch

Image of Obama's Cloward-Piven strategy is showing.

By Catholic Online (NEWS CONSORTIUM)

You can't fix something unless you break it first. This appears to be what Obama has done to the U.S. immigration system. Political analysts now expect that Obama will use the current immigration crisis to overhaul the system into something he likes. But more ... continue reading


Stopping at nothing, Davos Man, Warren Buffett, donates staggering $1.2 billion to promote abortion Watch

Image of Obama awarding Buffett the Presidential Medal of Freedom.

By Marshall Connolly, Catholic Online (NEWS CONSORTIUM)

Warren Buffett has given $1.2 billion to fund abortion advocacy and "research." This startling conclusion comes from the New York Times, which is reporting that he donates hundreds of millions of dollars at a time to a foundation named after his late wife, Susan ... continue reading


Get ready America: Obama set to bypass Senate on international treaty Watch

Image of President Obama and his administration are getting ready to present a climate change treaty to the U.N. and are willing to ignore a Constitutionally required Senate approval to do so.

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama is working to create a sweeping international climate change agreement to compel nations to cut fossil fuel emissions; however, he is seeking to do this without ratification from Congress. LOS ANGELES, CA (Catholic Online) - This agreement is ... continue reading


That was one costly Web site! In fact the most expensive in Internet history. The Cost of Healthcare.gov estimated $1.7 Billion Watch

Image of The 60 contracts related to the development and operation of the Federal Marketplace started between January 2009 and January 2014. The contracts ranged from health benefit data collection and consumer research, to cloud computing and Web site development.

By Catholic Online (NEWS CONSORTIUM)

That's one might expensive Web site! It's estimated that the Healthcare. Gove Web site, intended to facilitate health care reform, or "Obamacare," has cost U.S. Taxpayers about $1.7 BILLION dollars. That's not even the half of it, as the U.S. government is ... continue reading


Obama administration announces new HHS mandate rules Watch

Image of Sylvia Burwell, HHS secretary, said that the new rules will ensure access to free contraception,

By CNA/EWTN News

The Department of Health and Human Services issued on Friday new rules regarding its contraception mandate, after the Supreme Court ruled against its application to certain companies this summer. (CNA/EWTN News) - The rules create a new way for non-profit groups to ... continue reading


BEEN THERE: Attorney General Eric Holder shares personal experiences while in Ferguson Watch

Image of Attorney General Eric Holder shakes hands with Bri Ehsan, right, following his meeting with students at St. Louis Community College Florissant Valley.

By Catholic Online (NEWS CONSORTIUM)

In Ferguson, Missouri to investigate the officer-involved shooting of teenager Michael Brown, Attorney General Eric Holder shared personal stories of his own encounters with racial discrimination. "I am the Attorney General of the United States, but I am also a ... continue reading


One percent? Try the MORE THAN A THIRD in U.S. who rely on Welfare Watch

Image of Back in the

By Catholic Online (NEWS CONSORTIUM)

Back in the "Occupy Wall Street" days, protestors rallied around the concept of the United States' "One Percent," which referred to the people with power in the U.S. government. On the other side of the coin, more than ONE THIRD of all U.S. households are now ... continue reading


SMILE FOR THE CAMERA! Texas Governor Rick Perry cheerfully turns himself in Watch

Image of Under duress, Texas Governor Rick Perry maintained an upbeat and positive attitude. Arriving at the Travis County courthouse in Austin for booking and fingerprinting, Perry gave a warm smile for his mug shot.

By Catholic Online (NEWS CONSORTIUM)

Under duress, Texas Governor Rick Perry maintained an upbeat and positive attitude. Arriving at the Travis County courthouse in Austin for booking and fingerprinting, Perry gave a warm smile for his mug shot. He's charged with felony corruption charges ... continue reading


HIDDEN FROM VIEW: President Obama renders decision largely in private, despite claims of transparency Watch

Image of Facing charges of executive overreach, to allegations that he is presiding over opaque policy-making, U.S. President Obama has been making decisions typically behind closed doors

By Catholic Online (NEWS CONSORTIUM)

Facing charges of executive overreach, to allegations that he is presiding over opaque policy-making, U.S. President Obama has been making decisions typically behind closed doors. Unilateral action on such issues as immigration, gay rights and tax policy has ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Corinthians 2:1-5
1 Now when I came to you, brothers, I did not come ... Read More

Psalm, Psalms 119:97, 98, 99, 100, 101, 102
97 How I love your Law! I ponder it all day ... Read More

Gospel, Luke 4:16-30
16 He came to Nazara, where he had been brought up, ... Read More

Saint of the Day

Saint of the Day for September 1st, 2014 Image

St. Giles, Abbot
September 1: St. Giles, Abbot (Patron of Physically Disabled) Feast day - ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter