Senate Democrats

Tag payroll tax

NEW VIDEO — Barclays Analyst: GDP Will Drop 1.5% if GOP Lets Payroll Tax Cut Expire

In an interview with Bloomberg Television, Barclays analyst Michael Pond warned that letting the payroll tax cut expire at the end of this month could cause a drop in GDP of up to 1.5 percent. Key Excerpt:Pond: “One of the things that we’re watching is the payroll tax extension and the signals that we’re getting from Washington…


Senate Democrats Announce Plan To Vote On Casey Bill To Stop Huge Tax Hike From Hitting Middle Class

Unless Congress Acts, Payroll Tax Cut Worth $1K For Working Families Is Set To Expire At End Of December Democrats’ Legislation Would Extend Tax Break For Workers, and Also Expand It To Include Employers; Vote Expected Later This Week Leading GOP Lawmakers, After Demanding Massive Tax Cuts For Wealthy in Debt Reduction Talks, Are Suddenly…


Reid: Republicans Should Join Democrats To Cut Taxes For Middle-Class Families Instead Of Millionaires And Billionaires

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding the payroll tax legislation. Below are his remarks as prepared: I trust you had a safe and happy holiday. And I hope everyone is well rested, because we have a difficult work period ahead of us. We have…


Inhofe Joins “Won’t Take Yes For An Answer” Caucus – Republicans Oppose Their Own Ideas Once Democrats Support Them

Sen. Inhofe Doesn’t Want Obama To Roll Back Regulations If It Would Help Obama “Be Reelected”. “Sen. Jim Inhofe (R-Okla.) the ranking member of the Environment and Public Works Committee, said Tuesday that he hopes Obama will continue to pull back on other controversial rules…However, he said, ‘I wouldn’t want him to do that to…