Forget all the happy talk about how Americans, flush with their $1,000 payroll tax cut set to be extended by Congress, will be hitting the mall to spend, spend, spend. That cool grand won’t even cover the surge in gas prices under President Obama and will have to be nearly doubled if summer predictions of $5 regular come true.
Saying it’s time to rebuild America by working together to create jobs, Senate Majority Leader Harry Reid on Sunday prepared for Congress’ return to Washington this week with a warning to Republicans to leave Tea Party “extremism” behind and “learn what legislation is all about.”
Congress is set to give the green light on funding for a massive expansion of TSA checkpoints, with the federal agency already responsible for over 9,000 such checkpoints in the last year amidst increased fears America is turning into a police state following the passage of the ‘indefinite detention’ bill.
A group of prominent architects of the Internet added their voices Thursday to those opposing legislation in the US Congress intended to crack down on online piracy.
It looks like the millionaire surtax is going down again.
Many political observers are beginning to wonder if the Tea Party Movement really exists at all, or if it was merely a figment of our imaginations.
The way forward for Congress on a series of high-priority measures remained in flux on Friday, following the Senate’s rejection of two competing proposals to extend a one-year payroll tax cut.
President Obama, after watching the deficit Super Committee collapse under the weight of partisan discord, on Tuesday urged Congress to prevent that failure from resulting in a payroll tax increase at the end of the year.
(CNN) — Several tea party-aligned groups are pushing Republican members of Congress not to support tax increases as a congressional super committee tries to come up with a proposal to cut at least $1.2 billion from the nation’s debt.
As the Congressional committee charged with reining in the deficit nears its deadline for coming up with a way to cut it by at least $1.2 trillion over 10 years, the Tea Party — or at least, a small group aiming to represent the Tea Party — is presenting its own ideas.
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