Related Content: Senate
Legislator Insider TradingOn The Radar CNBC's Eamon Javers reports on the STOCK Act, which bans Congress from trading on nonpublic information. |
Payroll tax break: Extension proposals from both parties fail in SenateOn 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. |
Senate Approves Sanctions On IranOn The Radar In a clear rebuff to the Obama administration, the Senate approved a defense bill amendment for tough sanctions targeting the Central Bank of Iran. Administration officials are warning that the measures could undermine international cooperation against Iran. |
Democrats See an Advantage in Debate Over Payroll TaxOn 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. |
May 14, 1993Weekly Show President Clinton declared victory when his economic program to lower the federal deficit passed the House Ways and Means Committee in May 1993. But panelist Gloria Borger predicts political deadlock in the Senate between Democrats and Republicans over Clinton’s desired tax hike—the biggest the country had seen in decades—that proposed to raise taxes on the wealthy and increase the Social Security tax. |
March 4, 1994Weekly Show The House GOP included a balanced budget amendment as part of their "Cut, Cap and Balance" bill that is currently stalled in the democratic-controlled Senate. Balanced budget amendments have been proposed since 1936; the last was in 1997. On March 4, 1994, Washington Week discussed the Senate's failure to pass a balanced budget amendment, 63-37. |
On the Radar: August 10, 2011Legacy: On The Radar |
On the Radar: August 2, 2011Legacy: On The Radar |
On the Radar: July 29, 2011Legacy: On The Radar |
Debating the Debate: When Words Substitute for ActionGwen's Take As Washington’s debt ceiling debate approaches its deadline, those of us who watch and cover it anxiously await its drop-dead date. Or its do or die moment. Or, its my-way-or-the-highway climax. Skyrocketing interest rates. Huge tax hikes. Bottom lines. Gimmicks. Smoke and mirrors. Ticking clocks. |
