Related Content: Obama

Payroll tax break: Extension proposals from both parties fail in Senate

On The Radar

The Senate late Thursday rejected competing partisan visions for extending a temporary tax break that benefits virtually every American worker, clearing the way for more serious negotiations over how to cover the cost of the tax cut. All but a handful of Democrats voted in favor of their party’s proposal, but in a surprising turn, more Republicans voted against the GOP plan than in favor of it. Senate Minority Leader Mitch McConnell (R-Ky.) predicted this week that a majority of his conference would vote for the party’s plan to extend the payroll tax cut.

Obama redirects $50 million to fight AIDS

On The Radar

President Obama declared a new day in the fight against AIDS in the U.S. and around the world as he unveiled a plan to make life-saving drug treatments available to millions more people. The Obama administration will redirect $50 million to prevention and treatment programs across the country and will aim to help provide anti-retroviral drugs to more than 6 million people around the world, an increase of 2 million from the previous goal.

Democrats See an Advantage in Debate Over Payroll Tax

On The Radar

After struggling all year for an economic message that resonates broadly with Americans in hard times, President Obama and Congressional Democrats have settled on one they believe can carry through next year’s election as they use a fight over payroll taxes to portray Republicans as defenders of the wealthy at the expense of the middle class. With Mr.

Contagion Catastrophe

On The Radar

This is the worst-case scenario from Europe, and it just might come true: Italy defaults on its debts. Every major Italian bank collapses. Recession grips the eurozone. Sovereign defaults and bank failures ripple across the Continent. Saddled with bad loans to nations and lenders in Europe, American banks hemorrhage cash. Credit freezes in the United States. Multinational companies, unable to raise money, curb U.S. investment and hiring. Wall Street demands, but fails to get, new bailouts. The entire developed world plummets into recession and, quite possibly, depression.

Obama, GOP Agree on Tax Break, Not How to Pay for It

On The Radar

President Obama and Senate Republicans found common ground Wednesday, a most unusual occurrence. They agreed that Americans deserve extensions of the temporary payroll tax holiday and of unemployment insurance into 2012. They disagreed, however, about how to offset the costs, forecasting potentially weeks of partisan shish kebab.

Will demographic shifts save Obama in 2012?

On The Radar

The 2008 election was a reminder of the demographic forces that are changing America and potentially the political balance in the country. The most diverse electorate in the nation’s history added to the favorable winds that pushed President Obama to victory. He will need the assistance of those shifts even more in 2012 if he is to avoid defeat.

Occupy the Gravy

On The Radar

First, a prayer: May your Thanksgiving gathering be the supercommittee of our dreams, which is to say a happy meeting where everyone gets along despite their ideological differences and divides the pie equitably. We recognize, however, that some families are like the actual supercommittee—and the day may end with one faction pouting to Chris Matthews in the guest room after a political debate.

On payroll tax cut, Obama paints Republicans as hypocritical

On The Radar

With taxes set to rise for nearly every American worker, President Obama sought Tuesday to highlight his tax-cutting bona fides, accusing Republicans of hypocrisy if they do not agree to extend a payroll tax cut that is set to expire in January. Obama’s comments were part of an escalating White House campaign against Republicans that is painting them as defenders of the wealthy at the expense of the middle class.

As Deficit Panel Fails, Obama Vows to Keep Mandatory Cuts

On The Radar

President Obama said Monday he will veto any attempt by Congress to undo the across-the-board spending cuts mandated for 2013 that were triggered when lawmakers' failed to agree on a more surgical plan to trim deficits over the next decade. "My message to them is simple: No. I will veto any effort to get of rid of those automatic spending cuts to domestic and defense spending. There will be no easy off-ramps on this one," Obama said from the White House briefing room.

Supercommittee announces failure in effort to tame debt

On The Radar

A special congressional committee created to try to curb the national debt abandoned its work and conceded failure Monday, the latest setback in a long effort by Washington to overcome ideological differences and stem the rising tide of red ink. In a joint statement issued hours before a midnight deadline, the Democratic and Republican leaders of the panel said that they were “deeply disappointed” by their inability to reach an agreement and that they hope for progress in the months ahead.