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Thread: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read more: h

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    House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read more: h

    Defiant Republicans pushed legislation through the House Tuesday night that would keep alive Social Security payroll tax cuts for some 160 million Americans at President Barack Obama's request -- but also would require construction of a Canada-to-Texas oil pipeline that has sparked a White House veto threat.

    Passage, on a largely party-line vote of 234-193, sent the measure toward its certain demise in the Democratic-controlled Senate, triggering the final partisan showdown of a remarkably quarrelsome year of divided government.

    The legislation "extends the payroll tax relief, extends and reforms unemployment insurance and protects Social Security -- without job-killing tax hikes," Republican House Speaker John Boehner declared after the measure had cleared.Referring to the controversy over the Keystone XL pipeline, he added, "Our bill includes sensible, bipartisan measures to help the private sector create jobs."

    On a long day of finger pointing, however, House Democrats accused Republicans of protecting "millionaires and billionaires, `' and Senate Majority Leader Harry Reid, D-Nev., derided the GOP-backed pipeline provision as "ideological candy" for the tea party-set.


    After the House vote, the White House urged Congress on in finishing work on extending the tax cuts and jobless aid. Press Secretary Jay Carney issued a statement that didn't mention the pipeline but renewed Obama's insistence that the legislation be paid for, at least in part, by "asking the wealthiest Americans to pay their fair share" in higher tax levies.


    Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News


    From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election. Why is Harry Reid calling this bill "dead" and why is Obama threatening veto? Is the Keystone pipeline such a contentious issue that the Democrats would veto the other concessions made by Republicans? Do the Democrats/Liberals on this board support this bill or are you against it?

    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by Rhapsody1447 View Post

    Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News


    From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election. Why is Harry Reid calling this bill "dead" and why is Obama threatening veto? Is the Keystone pipeline such a contentious issue that the Democrats would veto the other concessions made by Republicans? Do the Democrats/Liberals on this board support this bill or are you against it?

    I think the Dem's position on this bill is that it shouldn't be a Dem bill where they need to make concessions to the Reps in order to get it passed. The Reps should be behind it 100% and require no concessions. That's why they're threatening to veto it. This is, after all, a tax cut, or at least an extension of one. If they're willing to let it expire, they should be equally willing to let other tax cuts expire (specifically the bush ones, which we all know isn't so).

    I'm actually mostly for approving the pipeline, but I object to this bill more on principal than content. Tax cuts and the pipeline aren't really related, and I'm of the opinion that bills going through congress should pertain to only a single subject at a time. In other words, the Reps can negotiate concessions from the Dems in this bill, but only if those concessions are related to taxes. Likewise, if concessions need to be made to get the pipeline approved, those concessions should be related to environmental protection.
    "The enemy isnít conservatism. The enemy isnít liberalism. The enemy is bulls**t."

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    I do not like "riders" of any type attached to bills like this. Projects like the pipeline should stand on its own merits. As well as the unemployment extention, etc. This is politics at its worst. I blame both parties and the President for such games being played.
    "I can explain it to you but, I can't understand it for you"

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by mike2810 View Post
    I do not like "riders" of any type attached to bills like this. Projects like the pipeline should stand on its own merits. As well as the unemployment extention, etc. This is politics at its worst. I blame both parties and the President for such games being played.
    You blame Obama because Republicans intentionally included a poison pill -- screwing with struggling middle class Americans so they could tweak Obama on the nose? Really?

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by AdamT View Post
    You blame Obama because Republicans intentionally included a poison pill -- screwing with struggling middle class Americans so they could tweak Obama on the nose? Really?
    the FICA contributions are to pay for social security. if those who expect to benefit from social security don't pay into it it won't have enough. and the dems scheme of trying to make the rich pay for other peoples' insurance contributions is both idiotic and violates the entire premise of the ponzi scheme that the dems are so proud of

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by AdamT View Post
    You blame Obama because Republicans intentionally included a poison pill -- screwing with struggling middle class Americans so they could tweak Obama on the nose? Really?
    Requiring Obama to make a decision on the Keystone permit before 2013 is a poison pill that negates the Republicans conceding all the major points of the bill?
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Back to the Pork packing days!


    House Passes Payroll Tax Bill Packed With Poison Pills

    "Lundberg said she did not like the way things like unemployment insurance and the payroll tax cut got rolled up in a bill with the Keystone pipeline.

    "If they really thought it was a serious issue they wouldn't put in all this other stuff," she said. "They should vote on it separately. It just makes things not happen when you put all these things in the bundle."

    As for drug testing, Lundberg said: "I think they should drug test Congress. They've been acting a little weird."

    House Passes Payroll Tax Bill Packed With Poison Pills
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by Rhapsody1447 View Post

    Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News


    From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election.
    No, not even close. First, Democrats are seeking a bigger payroll tax cut that would put an additional $500 in the pockets of middle class taxpayers. The cut would be paid for by a surtax on income over one million dollars.

    Here's what the Republicans passed:

    The plan would pay for the one-year, 2 percent payroll tax cut by means-testing Medicare so that recipients making $85,000 and above have to pay higher premiums -- effectively raising $31 billion.
    So, in effect giving to the middle class with one hand and taking away from middle class older Americans with the other.

    Another $62 billion would come from freezing federal pay for a year and making federal retirees pay more for health care.
    Further piling on federal workers who have already had their pay frozen for two years. How is that fair?

    It would raise yet another $38 billion by hiking fees on banks doing business with Fannie Mae and Freddie Mac.
    Thus adding another hurdle to cross in the recovery of the housing industry, which is essential for the broader economy.

    Besides the controversial methods of paying for the bill, it would also stop clean air regulations estimated to save 20,000 lives, circumvent an environmental review of the Canada-to-Texas Keystone XL oil pipeline, slash emergency unemployment benefits from 73 weeks to 33 weeks, and allow states to force the jobless to prove they're not on drugs in order to get unemployment benefits.
    Seriously, how can you look in the mirror in the morning if you're a Republican. I don't get it.

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    why should social security become yet another income redistribution scheme other than to buy the votes of the many at the cost of the overtaxed?

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    Re: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision Read mor

    Quote Originally Posted by TurtleDude View Post
    why should social security become yet another income redistribution scheme other than to buy the votes of the many at the cost of the overtaxed?
    Maybe you've read something about the economy? No? Well it's doing fairly poorly, and one way to improve it -- estimates range from .5 to 1.5% GDP -- is to stimulate the economy via a payroll tax cut.

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