Payroll Tax Cut

Winners And Losers Of The Payroll Tax Cut Debacle

Sahil Kapur | February 23, 2012, 2:39PM

President Barack Obama and Vice President Joe Biden

President Obama signed the payroll tax cut package into law late Wednesday night, capping off a months-long saga that might prove to be Congress's last major battle before the 2012 election. So just what does the final outcome mean for the various political players? Here's how things broadly broke down.

President Obama is the obvious winner, having portrayed himself throughout the long fight as the champion of middle-class tax cuts and economic security for the long-term unemployed. The payroll battle, which played out alongside a gradually improving economy, helped bump up Obama's approval ratings and gave him an important political weapon for re-election.

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Payroll Tax Cut

Payroll Tax Drama Exposes Rift Between House And Senate GOP

Brian Beutler | February 16, 2012, 1:05PM

The House and Senate have cut a deal to extend the payroll tax cut, unemployment benefits, and Medicare physician reimbursement rates. But it almost didn't happen. And the near miss is exposing a rift between House GOP leaders and their Senate counterparts.

Late on Wednesday evening, Senate negotiators -- four Democrats, three Republicans -- had a vote count problem. To move the payroll tax cut forward, four of them needed to sign on to the broad agreement. House Dem and GOP negotiators were all lined up. But none of the Senate Republican conferees would put pen to paper. When Democrat Ben Cardin (D-MD) wouldn't sign on either, based on his objection to cuts to federal worker pensions, the Senate found itself one vote shy.

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Harry Reid

As Payroll Fight Wraps Up, Dems Prepare For Next Battle

Brian Beutler | February 14, 2012, 3:47PM

House Democrats will support a GOP bill to extend the expiring payroll tax cut through the end of the year, when Republicans bring it to a vote later this week. That basically puts to rest any remaining doubts that the provision will expire at the end of the month.

Now the fight is on between the parties over whether and how to renew two other expiring provisions -- extended unemployment benefits, and Medicare physician reimbursement rates (the "doc fix") -- before March. And the balance of power in this battle is much less clear.

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Jon Stewart

Jon Stewart Mocks GOP Opposition To Birth Control Rule

David Taintor | February 14, 2012, 9:08AM

Jon Stewart

Jon Stewart on Monday caught himself up on the growing controversy over the Obama administration's rule that employers provide birth control coverage in their health care plans.

President Obama last week announced a compromise that would require insurance companies to pay for coverage if employers oppose contraception on "moral" grounds.

Great, Stewart said. "So I guess we're done here. Compromise made, everybody happy."

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Payroll Tax Cut

Dems Plot Payroll Tax Cut End Game

Brian Beutler | February 13, 2012, 5:29PM

Sen. Harry Reid (D-NV)

After a few hours of thought, Democrats have decided the GOP's blink on the payroll tax cut is an unvarnished good, not some devious trick.

Republicans have all but agreed to renew the payroll tax cut through the end of the year without paying for it -- a huge tactical swing for them. But they're still insisting that the other expiring measures -- extended unemployment insurance (UI), and Medicare physician reimbursements (the "doc fix") -- are somehow offset with cuts elsewhere.

Having taken the most politically important, and most costly item off the table, are Republicans in the driver's seat in negotiations over extending the other two items? Not necessarily.

A senior Senate Dem aide explains how Democrats might well proceed from here.

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Budget

Obama To Draw Contrast With GOP In Budget

Brian Beutler | February 13, 2012, 5:43AM

President Barack Obama

Though required by law, White House budgets are largely political documents that tend to become more and more political as reelection time gets closer and closer.

This year's will technically be no different -- but the long-term stakes will be much higher than they usually are and clarifying that fact for voters will be key to President Obama's appeal in 2012.

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Contraception

McConnell: GOP Will Fight To Let ANY Employer Deny Birth Control Coverage

Sahil Kapur | February 12, 2012, 11:47AM

Not satisfied with President Obama's new religious accommodation, Republicans will move forward with legislation by Sen. Roy Blunt (R-MO) that permits any employer to deny birth control coverage in their health insurance plans, Senate Minority Leader Mitch McConnell (R-KY) said Sunday.

"If we end up having to try to overcome the President's opposition by legislation, of course I'd be happy to support it, and intend to support it," McConnell said. "We'll be voting on that in the Senate and you can anticipate that that would happen as soon as possible."

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