Related Content: taxes

Behind the Scenes of the House Republicans' Self-Inflicted Wound

On The Radar

There was no formal cease-fire. Speaker John Boehner didn’t even call Senate Majority Leader Harry Reid to offer up his payroll-tax sword of surrender. The great Christmas conflict over tax cuts ended at the staff level. Boehner’s chief of staff, Barry Jackson, cut the deal with Reid’s chief of staff, David Krone. If the weeklong tussle over a two-month or one-year extension of payroll taxes was over principle, the principal antagonist, Boehner, in the end, had neither the will nor the stomach to directly sue for peace.

Lawmakers Reach Deal on Payroll Tax

On The Radar

The ice cracked under House Speaker John Boehner on Thursday. A deal to quiet a bruising political eruption over the payroll tax finally took shape -- after relentless criticism from within GOP ranks that House Republicans had dug themselves knee-deep in quicksand. After days of thrashing and teeth-gnashing, Republican Senate Minority Leader Mitch McConnell offered a way out of the mess with a statement underscoring similarities between the measures in the two chambers, rather than differences.

In Case You Were Wondering: We Have Been Here Before

Gwen's Take

“Politics is politics” House Speaker John Boehner opined Thursday, as he stepped before the cameras to explain why he would not back down in the payroll tax fight House Republicans have been waging with the Senate.

Seldom have truer words been spoken. And it was politics at work when -- even as Boehner was speaking -- his counterpart on the other side of the Capitol, Senate Minority Leader Mitch McConnell, was busy bailing water out of the boat.

Obama Gets a Lift From Tax Battle With Republicans

On The Radar

After a long stretch of high unemployment, legislative turmoil and, in turn, slipping public approval, President Obama seemed to regain his political footing this week with the help of House Republicans, whose handling of a standoff over payroll taxes had even leading conservatives accusing them of bungling the politically charged issue.
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Gingrich Condemns Senate on Payroll Tax Vote

On The Radar

Newt Gingrich put a pox on all parties in Washington on Wednesday for failing to pass a payroll tax extension, but he especially condemned the Senate, where Republicans joined Democrats to vote for a two-month extension of the tax break, which affects 160 million Americans. House Republicans under Speaker John A. Boehner rejected that plan.
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Obama, Senate Democrats Rally for Benefits Extension

On The Radar

President Obama and Senate Democrats appealed to House Republicans on Wednesday to return to Washington and approve a two-month extension of benefits for American workers before they expire Dec. 31. The House GOP remains opposed to a short-term patch despite mounting opposition to the strategy, even from within the party.
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Congress's Payroll Standoff - Who Blinks First?

On The Radar

Less than two weeks remain – with a holiday in between – for Congress to keep alive a payroll-tax cut, unemployment insurance, and a “doc fix” patch. Here is how it could play out.
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Payroll Tax Fight Heats Up

On The Radar

Neither side in the payroll tax fight is showing signs of backing down, reports CNBC's Eamon Javers.

House Rejects 2-Month Extension of Payroll Tax Cut

On The Radar

The Republican-controlled House on Tuesday rejected a Senate-approved two-month extension of a payroll tax cut and unemployment benefits to millions of Americans, raising the likelihood that both will expire on Dec. 31.The House effectively adjourned for the year following the vote, and with the Senate out of town for the holiday, there is no resolution in sight on a legislative battle waged by House Republicans over the length of the benefits' extension. Both chambers can return to Washington at the call of party leaders if there is an agreement.

Payroll Tax: A High Stakes Game of Chicken?

On The Radar

CNBC's John Harwood has the latest details on the payroll tax cut fight on Capitol Hill, and debating the merits of a full- year versus a two-month version of the bill, with Rep. Brad Sherman, (D-CA), and Rep. Nan Hayworth, (R-NY).