Your Black Politics reports:
The Republicans are at it again.
By refusing to extend payroll tax cuts for millions of working-class Americans, workers will most likely receive a smaller pay-check.
After President Barack Obama supported the Senate’s decision to extend the tax-cuts for at least two months, the House dismissed the move as “bad policy,” instead opting for a full-year extension.
Accused by Obama of placing party above policy, the GOP will be pitching that idea to an empty room, because the Democratic-led Senate, already adjourned for the holidays, refuse to come back and consider their plan.
The bill includes:
“Money for unemployment benefits, would have kept in place a tax cut passed last year that reduces the payroll tax for Americans from 6.2 percent to 4.2 percent of their income. The tax cut saves about $1000 each year for the average American family,” reports Newsone.com
The current tax-rate will increase to 6.2 percent on January first --- this translates to an average of $40 in lost wages for the average American family.
"Just today, one House Republican referred to this debate as 'high-stakes poker.' He's right about the high-stakes, but he's dead wrong about the poker. This is not a game," said White House senior adviser David Plouffe in an e-mail to Obama supporters. "We know better -- $40 has tangible benefits for millions of families. Can you help us prove that point?"
At a press conference after the vote, House Speaker John A. Boehner (R-Ohio.) did the old Beltway Shuffle in an attempt to divert attention away from his party’s stall tactics:
"Now, it's up to the president to show real leadership. He said that he won't leave town for the holidays until this bill is done. The next step is clear: I think President Obama needs to call on Senate Democrats to go back into session, move to go to conference, and to sit down and resolve this bill as quickly as possible," said Boehner.
In a surprise White House briefing appearance---with a sign counting down the hours until GOP maneuvering caused the tax increase in stark relief behind him---President Obama made it very clear exactly what his next move is --- keeping the Republicans on the defensive:
"Let's be clear: Right now, the bipartisan compromise that was reached on Saturday is the only viable way to prevent a tax hike on Jan. 1," said the president.
Your move, Boehner.