Democrats to offer payroll tax cut compromise

[Judi Lynn]

Source: CNN

Democrats to offer payroll tax cut compromise
By Tom Cohen, CNN
updated 2:21 PM EST, Sun December 4, 2011

Washington (CNN) -- Democrats on Monday will propose a compromise plan to extend the payroll tax cut that includes a "serious" way to pay the more than $200 billion price tag, the chairman of the Senate Budget Committee says.

Senate Majority Leader Harry Reid, D-Nevada, will introduce the compromise proposal Monday after the chamber last week voted down competing Democratic and Republican plans, Sen. Kent Conrad told "Fox News Sunday."

The North Dakota Democrat refused to divulge details, saying it was up to Reid to do so, but added it would be "paid for in a way that's credible and serious."

"It will be able to represent a compromise from what was voted on last week," Conrad said, calling it a "serious attempt to move this ball forward."



Read more: http://www.cnn.com/2011/12/04/politics/congress-payroll-tax-cut/index.html

[Proud Liberal Dem]

1. Hope it's a good one

n/t

[ewagner]

2. Just hope

it's not a white flag or surrrender

[villager]

3. ...as it has been virtually every other time?

:shrug:

[EV_Ares]

24. Exactly, hope not another cave to the republicans. I really don't know

why they need to compromise when the republicans are already running scared on this.

[Yo_Mama_Been_Loggin]

36. Amen

[Warren Stupidity]

4. Will the bush tax cuts for billionaires be 'paid for'?

Fuck no. And that argument will not be made, nor will the stunning hypocrisy on display here be brought up. I dread what is in this 'compromise'.

[russspeakeasy]

5. Exactly.

[Skittles]

6. "compromise" from the Obama administration should come with vaseline for We the People

[Donnachaidh]

22. oh gods yes -- and a bite down rag.

"Compromise" always seems to involve keeping the Congressional tax rates lower -- along with the other 1%ers....

:grr:

[frebrd]

11. +1

[rpannier]

38. The Tax Cuts for billionaires will be extended for 30 years in exchange for 1 yr of payroll tax cuts

That's my guess

[RUMMYisFROSTED]

7. I put a gun in my mouth at "...refused to divulge details..."

:eyes:

[Skittles]

8. waiting until Friday news dump

[Soylent Brice]

37. lmao

[Atman]

9. Oh god, here we go...

Republicans get everything they want in exchange for half of what we originally proposed.

I've seen this movie before. Thanks, Harry.

[russspeakeasy]

15. That's my take.

[No Elephants]

20. Do you think this is Harry, acting on his own?

[NCarolinawoman]

47. I don't.

Taking out the public option was never "Harry acting on his own".

The Whitehouse fingerprints are all over this, IMO.

[NCarolinawoman]

46. Sinking feeling in the pit of my stomach.

:-( :scared:

[polichick]

10. "Democrats hold their ground."

THAT would be a surprise.

Democrats to offer compromise = same ol' shit.

[No Elephants]

21. No offense, but we are not supposed to use headlines from the Onion in LBN.

[polichick]

45. LOL - oops!

[UnrepentantLiberal]

12. Give them a break.

They need Wall Street cash for their 2012 campaigns.

[rucky]

13. The Deficit Commission WAS the compromise.

Now we're compromising on the compromise? Eff that.

[Hotler]

16. +1 n/t

[No Elephants]

31. Who compromised?

Obama has been talking about cutting what he refers to as "entitlements" since before his inauguration. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/15/AR2009011504114.html

Both the failed Cat Food Commission and the Super Committee were inspired by the Sunset Commission proposed by the DLC. http://www.dlc.org/ndol_ci.cfm?contentid=254871&kaid=85&subid=65

The biggest tip off is the unprecedent provision in both commissions that Congress could only vot "yea" or "nay" on their reccommendations, no negotiations or amendments. (I guess the DLC feels it is easier to control one appoiniter of Presidential Commissions than to control all Democrats in Congress.)

And, according to John Conyers, it was Obama, not Boehner, not Cantor, not Ryan and not any Republican, who put cuts to Medicare and Social Security on the table during debt ceiling kabuki. http://www.dailykos.com/story/2011/07/29/1000282/-Conyers-spills-the-beans-on-Obama-call-for-WH-protests

And let's not forget, it was very loyal Democrat President William Clinton who got caught by a mike offering to help Ryan get cuts by Democrats in the House and Senate. http://abcnews.go.com/blogs/politics/2011/05/bill-clinton-to-paul-ryan-on-medicare-election-give-me-a-call/

Oh, and by the way, did you not which members of the Democratic Caucuses did and did not get on that Super Committee?

So, whose compromise was the Super Committee?

[rucky]

32. Um, the democrats and the republicans?

I wasn't suggesting I supported the supercommittee, but don't you find it interesting that now those "automatic cuts" are on the up for reneg.

[customerserviceguy]

14. I've wondered what our side will have to give up

in order to give out a tax cut. Tom Sawyer and a fence!

We're probabaly going to have to give up even more for a one-year unemployment extension that a sizable number of the unemployed won't even benefit from, anyway. The last time, it was a two-year extension of the Bush tax cuts for the rich.

[corpseratemedia]

17. the public has seen how tax cuts HAVEN'T worked but made things worse

why keep up a public sham the public isn't buying it anymore?

[russspeakeasy]

28. It saddens me to tell you this, but I think that there are a lot

of the public still buying this sham....

[WillYourVoteBCounted]

18. cut the payroll taxes that FUND social security?

why are we arguing FOR that?

Its just another way to kill social security.

[Edweird]

23. Yep. We've gone 'round the bend.

[woo me with science]

40. Thank you. nt

[Warren Stupidity]

43. The current legislation funds SS at pre-cut levels

from general revenue. It does not reduce SS funding. I haven't seen the new proposals but I suspect that they are the same.

[bowens43]

19. compromise = surrender

Let the damn things expire and then club the cons over the head with it for the next year

[EV_Ares]

25. Agree, why do they even have to compromise when the republlicans are

running scared on this thing right now. All polls show favor towards extending the cuts just as all polls show not extending the tax cuts for the rich. Yet, dems get weak in the knees on everything.

[Sherman A1]

29. Precisely

Let them expire

[Chan790]

26. If it involves Kent Conrad, it's got to be bad.

I'm going to get in trouble for this because he's still a Democrat, but some Democrats like Kent Conrad deserve our opposition and enmity because they're Bad Democrats.

Between Conrad, Ben Nelson and Joe Lieberman I think the next Democratic Senate Caucus will be stronger, even if we lose two of those seats. Improvement by subtraction.

Good riddance to trash.

[russspeakeasy]

30. I'm not sure what democrat means anymore. conrad is a

conservative. He would not be a loss.

[Chan790]

27. We don't need to move the ball forward.

We need to kneel out the clock by killing the Payroll Tax Cut altogether. If the GOP doesn't want to capitulate, taxes are going up...a matter of fact. We can do nothing and win.

Why does this administration not understand the concept of winning by doing nothing?

[alp227]

33. full video/transcript of Conrad's appearance on FNS

video: http://video.foxnews.com/v/1309416477001/key-lawmakers-on-extending-payroll-tax-cut/?playlist_id=86913

transcript: http://www.foxnews.com/on-air/fox-news-sunday/2011/12/04/michele-bachmann-talks-presidential-politics-sens-coburn-conrad-extending-payroll-tax-cut?page=3

(also page 4)

[defendandprotect]

34. Burden of paying FICA was put on shoulders of middle class and poor decades ago -- !!!

Time to reverse that by lowering the FICA rates for middle class and poor

and substantially LIFTING the cap on FICA earnings -- I'd say to a minimum

of $250,000 but should probably be even higher.

[The Wizard]

35. common sense solution (NT)

[Historic NY]

39. If it caving into the right forget it.

[and-justice-for-all]

41. That dreded word...'compromise'..nt

[unionworks]

42. compromise this

:mad:

[Zorra]

44. Daddy came home drunk again, and now we're walking on eggshells,

worried about how bad the beating is going to be this time.

Tht fracking "c" word again. I've come to despise it over the past 3 years, almost as much as I detest the word "bipartisanship".

As long as the status quo is maintained, the beatings and hypocrisy will continue until morale improves.