Senate Strikes Tentative Deal On Payroll Tax

Harry Reid and Yertle. Image from TPM.

My first thought when I saw this story? What's the catch? There has to be a catch. The GOP in both houses of Congress don't tend to compromise, or make nice. Maybe I'm cynical, but I'm expecting the other shoe to drop, and then we'll have a couple of weeks of squawking about that damned shoe.

[Excerpt]


Lawmakers Strike Tentative Deal On Payroll Tax Package

Top Democratic and Republican negotiators have struck a broad tentative agreement to extend the payroll tax cut, unemployment insurance and Medicare physician payment rates through the end of the year, aides from both sides who are familiar with the deal tell TPM. Some of the details have yet to be ironed out, but Congress appears to have had a critical breakthrough in negotiations to prevent the three provisions from lapsing. . .

Read more at: Talking Points Memo