Arab Today, arab today us congress passes tax deal in rare win for obama
Last Updated : GMT 17:56:33
Arab Today, arab today
Arab Today, arab today

US Congress passes tax deal in rare win for Obama

Arab Today, arab today

Arab Today, arab today US Congress passes tax deal in rare win for Obama

Washington - AFP

Republican leaders bowed to intense pressure Friday and voted to extend a payroll tax holiday for 160 million Americans, handing victory to President Barack Obama after a tense showdown. The deal, which finally sailed unopposed through the Senate and the House of Representatives two days before Christmas, allows Obama to end the year on a triumphant note after being thwarted by Republicans for months. Obama welcomed the deal extending the tax break for two months, but swiftly urged lawmakers to return after the Christmas break and begin work on extending it for a full year "without drama, and without delay." Friday's vote brought the curtain down on yet another cliffhanger standoff between Obama's Democratic allies, who control the Senate, and the Republicans who are in charge of the House, which has led to gridlock in Washington. With the nation set to vote in presidential and legislative elections in November, Congress is bitterly divided as each side seeks to score points with an electorate weary of struggling with high unemployment and making ends meet. House Republicans were forced to climb down and back a two-month extension of a two percent payroll tax cut, just days after blocking the measure that had emerged as a compromise from the Senate. Their tactics had sparked a torrent of derision from the media, some conservative luminaries and Democrats who eagerly seized a chance to pose as the party of lower taxes, a mantle that Republicans usually claim. "I'm pleased to say that they've got it done," Obama said in a brief White House statement, just after signing the bill into law. "And when Congress returns, I urge them to keep working without drama, without delay, to reach an agreement that extends this tax cut as well as unemployment insurance through all of 2012. "It is the right thing to do because more money spent by more Americans means more businesses hiring more workers and that's a boost for everybody." Democratic Senate Majority Leader Harry Reid had sharp words for new conservative lawmakers, saying he hoped they had learned from the experience. "People wonder why the approval rating for Congress is so low," Reid said. "I don't wonder. Everything has been a knockdown, dragout fight. There is no reason to do that." Tens of thousands had rallied to a call from Obama to show how Americans would be badly hurt by losing $40 from their paycheck every two weeks if the tax holiday expired on January 1 by flooding Twitter with messages. "I promise you, the American people, your voices made a difference on this debate," Obama said. "You didn't send us to this town to play partisan games, and to see who's up and who's down. You sent us here to serve and make your lives a little bit better, to do what's right." The president then left for Hawaii for his Christmas vacation, having delayed joining his wife and daughters on the islands where he grew up in order to see the legislation through. US media rounded on Republicans for what the Politico news website called their "unruly" behavior. In an article headlined "The humbling of the House GOP," Politico said the standoff had "exposed both the political naivete of the freshman-heavy Republican conference and the sharp limits" of Speaker John Boehner's power. In a deal hammered out over the weekend, the Senate had already agreed to a temporary two-month measure, but House Republicans had tried to hold out for a full one-year extension. It "may not have been politically the smartest thing in the world," Boehner admitted Thursday of the gambit, partly powered by Tea Party conservatives. The new compromise will also see Reid appoint negotiators to work on a one-year extension, and included face-saving language easing the burden of the tax cut on small businesses, which Republicans were able to argue was included only as a result of their holdout. The deal means the payroll tax deduction, which is separate from income taxes and  funds the US retirement system, will remain at 4.2 percent instead of rising to 6.2 percent on January 1. Two million Americans will also keep unemployment benefits that were due to expire at the end of the year. But Obama did not have things all his own way. The deal preserves language requiring the president to take another look at a controversial US-Canada oil pipeline project he had hoped to defer until after his reelection bid.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us congress passes tax deal in rare win for obama Arab Today, arab today us congress passes tax deal in rare win for obama

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Hamas leader accuses Israel

GMT 11:43 2017 Tuesday ,28 March

Hamas leader accuses Israel
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 13:21 2017 Tuesday ,28 March

Samsung plans to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday