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U.S. Politics Thread About, Shutdown likely averted as tax talks go on


Shutdown likely averted as tax talks go on ANDREW TAYLOR (The Associated Press) WASHINGTON (AP) — Congress appears on track ...
 
 
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Old 12-16-2011, 02:41 AM   #1
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Default Shutdown likely averted as tax talks go on

Shutdown likely averted as tax talks go on
ANDREW TAYLOR
(The Associated Press)



WASHINGTON (AP) — Congress appears on track to avert a government shutdown this weekend, even as President Barack Obama's push to extend a payroll tax cut and jobless benefits for another year is encountering snags.

Those hiccups in finding spending cuts to pay for extending a 2 percentage point cut in Social Security payroll taxes and jobless benefits for millions have prompted Democratic leaders to suggest just a two-month, $40 billion extension of expiring tax breaks and jobless benefits might be needed.

But the first act in clearing away a pile of unfinished business for an unpopular Congress is for the GOP-controlled House to pass a massive, bipartisan, $1 trillion-plus spending measure funding 10 Cabinet departments and U.S. operations in Iraq and Afghanistan.

That vote is on track for Friday afternoon, but a stopgap bill could be needed to fund the government into next week.

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Demo (Democrats) game playing.
Always a threat of a government shutdown,the most under this dude's regime...
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