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America: The two-month extension of tax cuts
24/12/2011 11:25:00 24/12/2011 11:25:00
The independent Iraqi news agency / listen / and the U.S. Senate approved yesterday the extension of two months to cut tax on wages was scheduled for completion in December 31 (December) being, in a move that paves the way to the close vote in the House. As soon as the House of Representatives approved the proposal, which aims to boost the economy, there will be negotiations in Congress on legislation to extend the same tax work downward through 2012, the interest of 160 million American worker.
The Republican leaders in the U.S. House of Representatives reached the night before yesterday a tentative agreement regarding the extension of tax exemptions. The Chairman of the House of Representatives, Republican John Boehner, the acceptance of the extension of this exemption two months. Under the settlement, the negotiations will start between the houses of Congress to come later to extend the exemption until the end of 2012, Bonner explained during a press conference. He said: «Sometimes it is hard to do what is right», stressing that «the members of the Republican Party in the House of Representatives defended valiantly» for their position. In order to reach an honorable solution to the Republicans, the text of the agreement on additional measures for the benefit of small enterprises.
Republican members found themselves in isolation in the House of Representatives for refusing to extend the exemptions. And urged them Republican minority leader Mitch McConnell, the Senate to proceed with the settlement to avoid the start of the election year increase in taxes. And will renew the entire membership of the House of Representatives and one third of the members of the Senate in the November 6 (November) 2012 in parallel with the presidential election which will try to President Barack Obama to get a second term. If approved, the Republicans of this agreement, it would be a victory for Obama, who has stepped up pressure on his opponents in this file. The White House, the Republicans initially opposed to any increase of taxes will be responsible for increasing the tax burden if they insisted on refusing to extend the procedure ends on October 31.
Obama has welcomed the tax settlement, and noted in a statement that «good news coincides with the holiday season». He added: «In recent weeks, I have said repeatedly that it was important not to take his leave before Congress that prevents the increase of taxes, the 160 million Americans», congratulating «members of Congress thanks to the dilemma of violating this agreement». According to his statement: «it is money that is very significant, will have a clear impact on the daily life of the people», thanking «all Americans who agreed to remind the House of Representatives in Washington debate the content of this».
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24/12/2011 11:25:00 24/12/2011 11:25:00
The independent Iraqi news agency / listen / and the U.S. Senate approved yesterday the extension of two months to cut tax on wages was scheduled for completion in December 31 (December) being, in a move that paves the way to the close vote in the House. As soon as the House of Representatives approved the proposal, which aims to boost the economy, there will be negotiations in Congress on legislation to extend the same tax work downward through 2012, the interest of 160 million American worker.
The Republican leaders in the U.S. House of Representatives reached the night before yesterday a tentative agreement regarding the extension of tax exemptions. The Chairman of the House of Representatives, Republican John Boehner, the acceptance of the extension of this exemption two months. Under the settlement, the negotiations will start between the houses of Congress to come later to extend the exemption until the end of 2012, Bonner explained during a press conference. He said: «Sometimes it is hard to do what is right», stressing that «the members of the Republican Party in the House of Representatives defended valiantly» for their position. In order to reach an honorable solution to the Republicans, the text of the agreement on additional measures for the benefit of small enterprises.
Republican members found themselves in isolation in the House of Representatives for refusing to extend the exemptions. And urged them Republican minority leader Mitch McConnell, the Senate to proceed with the settlement to avoid the start of the election year increase in taxes. And will renew the entire membership of the House of Representatives and one third of the members of the Senate in the November 6 (November) 2012 in parallel with the presidential election which will try to President Barack Obama to get a second term. If approved, the Republicans of this agreement, it would be a victory for Obama, who has stepped up pressure on his opponents in this file. The White House, the Republicans initially opposed to any increase of taxes will be responsible for increasing the tax burden if they insisted on refusing to extend the procedure ends on October 31.
Obama has welcomed the tax settlement, and noted in a statement that «good news coincides with the holiday season». He added: «In recent weeks, I have said repeatedly that it was important not to take his leave before Congress that prevents the increase of taxes, the 160 million Americans», congratulating «members of Congress thanks to the dilemma of violating this agreement». According to his statement: «it is money that is very significant, will have a clear impact on the daily life of the people», thanking «all Americans who agreed to remind the House of Representatives in Washington debate the content of this».
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