The House last night passed a bill paying for a payroll tax cut extension with a further pay freeze and steep cuts to federal retirement benefits. But that bill has almost no chance of actually becoming law.
The Senate will consider the House bill, but the Democrats controlling that chamber won’t pass it (for many reasons, but largely because it would speed up approval of the controversial Keystone XL oil pipeline). Even if the bill did make it through both houses of Congress, Obama yesterday pledged to veto it.
Time is running out for Congress to extend the payroll tax cut. It’s going to expire at the end of the month, but lawmakers are scheduled to skip town after Friday. It’s unclear what will happen next, but if Congress does strike a quick compromise on this, there’s a good chance a pay freeze will be included.
michelle d Says:
December 15th, 2011 at 8:27 am
I personally vote as an independent, however this congress has been nothing but NO NO NO for the people and we put them there. This election year, I am voting every single republican out…while I don’t generally do this, I will this time. I am sick and tired of them taking freezing my pay when I overperform. I am sick and tired of them voting themselves raises, cuting my benefits and basically destroying my retirment. Good by republicans–you selfish self centered puffed up egotistical politicians WHO ARE NOT FOR THE PEOPLE OR BY THE PEOPLE!!!
December 15th, 2011 at 1:55 pm
Its not only Republicans. Both parties have sold out the American people. We must have term limts and we must have the courage to cast our vote non-partisan to remove these professional politicians. We can change our future by voting, but every American must stand up and say”NO MORE” by exercising our right to vote.
December 15th, 2011 at 2:18 pm
Republicans do not want to tax the millionaires, but want to extend the pay freeze instead. Goes to show you who is filling up the republican’s pockets.
December 16th, 2011 at 9:17 pm
As a Fed and (now former?) GOP member, it sickens me to watch the GOP screw federal workers while refusing to bump taxes on their own multimillionaire backers. For the first time, I will be voting DEM across the board. As long as the new GOP insists on representing corporations and 1% of the US population, they can do without my votes.