The Average Paycheck Just Went Down by $32.75
The tax hike, which takes effect immediately for wages earned in 2013, doesn't have too many fans.
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Greg Austin on China's hackers, Matthew Yglesias on an expensive airline merger, Jamelle Bouie on sequestration backfiring on the GOP, George Packer on Walmart and the payroll tax, and Hadley Freeman on Hilary Mantel and the media's royal-industrial complex.
The tax hike, which takes effect immediately for wages earned in 2013, doesn't have too many fans.
Jonathan Freedland on Gaza, Jacey Eckhart on military marriages, Daniel Gross on the payroll tax, Christina Larson on Hu Jintao, and Eugene Robinson on Republicans' listening problem.
Cartoonist Steve Breen on Obama's empty promise.
They're not happy about it but Republicans are set to join Democrats in adding $100 billion to the deficit for a 10-month payroll tax holiday.
House and Senate leaders could reach a deal tonight on extending the payroll tax cut, jobless benefits, and the Medicare reimbursement rate, The Hill's Bernie Becker reports.
House Speaker John Beohner's plan to extend the payroll tax cut without paying for it has inflamed some rank-and-file Republicans, and Senate Democrats are adding fuel to the fire.
Newt Gingrich has had his hand in just about every single issue being debated in the 2012 presidential race -- health care and the the housing crisis, most obviously, but also in this week's payroll tax fight.
To break down the payroll tax cut and the repercussions of the stalemate into simpler terms, the White House took to Twitter and asked the masses what $40 meant to them and came away with sad snapshots of American life in 2011.
Cartoonist Tom Toles on Boehner's holiday plans.
If Sasha, Malia and the First Dog Bo want to know what they're getting for Christmas, all they have to do is read Twitter.
The payroll tax debate in Congress is violating Reagan's famous Eleventh Commandment: Thou shalt not speak ill of any fellow Republican.
A bill to extend a payroll tax cut and unemployment benefits that Republicans opposed failed in the House Tuesday on a 229-to-193 vote.
The House and Senate are drawing lines in the sand on the contentious payroll tax cut, with both sides saying that will refuse to negotiate until their opponents give them what they want.
House Speaker John Boehner says House Republicans are united against a Senate bill to extend the payroll tax holiday but that may be the only way the majority in Congress's lower chamber is unified.
A bipartisan Senate approved a two-month extension of the current payroll tax cut on Saturday, but House Speaker John Boehner says the House won't go along.
With 27 hours to go, Congressional leaders signed off on a $1 trillion spending bill late Thursday night to avoid a government shutdown.
It was a key Democratic demand but party leaders abandoned a surtax on millionaires to finance a payroll tax holiday Wednesday night in return for, well, nothing, as of yet.
The federal government has begun preparing again for a government shutdown as stalled negotiations over a payroll tax holiday prevent a spending bill from advancing in Congress.
Forget the "Welfare Queens" of the 1980s, the GOP has a new scapegoat of government excess: Welfare Millionaires.
A risky decision by President Obama to connect the fate of a payroll tax break and an omnibus spending bill will be tested today as the Republican-controlled House votes on the payroll tax proposal.
On television, lawmakers in both parties are projecting confidence that a deal to extend a payroll tax break will be reached by year's end but a number of significant disputes remain unresolved.
With one week left until Congress is scheduled to adjourn for holiday recess, Senate Democrats are considering dropping a millionaire surtax designed to pay for a payroll tax break to 160 million Americans.
Defying President Obama's threat to veto a payroll tax extension tied to approval of the Keystone XL pipeline project, House Speaker Boehner told colleagues today that the GOP would include the provision anyway.
After Mitt Romney criticized Barack Obama for his plans to go on his annual Hawaii vacation over Christmas, the President announced today he won't be travelling to the island paradise but said it's because he needs to stay in D.C. to work on extending a the payroll tax break.
Senate Majority Leader Harry Reid on Monday afternoon will offer a new Democratic proposal to expand a payroll-tax cut for employees while tweaking how the bill is paid for in a nod to Republican concerns.
President Obama spoke in the White House briefing room today, once again urging Congress to extend this year's payroll tax cut into 2012.
The Democratic leader says her party has the GOP boxed in on the extension of the payroll tax cut.
Democrats and Republicans both want to extend payroll tax breaks for workers earning less than $1 million, but neither wants to vote for the other's plan to do so late on Thursday both plans failed in the Senate.
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