child tax credit as part of this overall reform. what is included and what are you going to do? if we don t make it refundable against payroll packs, the middle class will have a tax increase. not break even or a tax cut. the president is not going to sign a tax increase on working families. that bill wouldn t pass. we either put at this time in and it passes or it doesn t get in and it won t pass or he will veto it. i know it s going to happen. we have to make sure it s crafted appropriately. will you support changes in the 401(k)s tax deductions as far as retirement plans which are very popular with the middle class? i m not sure that s a serious proposal or something they are floating just to see what the public reaction to it is. there is a litany of what they call tax treatments within the code that added about $4
the keystone decision to be postponed until after the 2012 election reportedly so the experts can further study the pipeline s environmental impact. that was the request of a governor. just seconds ago we got reaction from the white house saying quote this is not a time for washington republicans to score political points against the president. the obama administration already threatened to veto the payroll packs cut bill because it is rolled up with the pipeline. welcome to washington politics. there is much more to all of this. so many things that democrats said we won t vote for. compromise time. mike emanuel on capitol hill. this is compromise. how did the vote go down, mike? shep, it was 234 to 193. and white house press secretary jay carney says congress needs to do its job to take action to avoid the scheduled tax hike that is going to hit 160 million americans calling on congress to go back to the drawing board and extend the payroll tax holiday without some of the other issu
extend the payroll tax cut. i believe this will get extended. when we make offer after offer based on policies that we know, democrats and president have supported in the past, but they still insist on not coming to agreement it s difficult to see exactly how this is going to pan out. 16 days. they get the extra day because it s leap year. it s the 29th. and more importantly, right now democrats believe that republicans are the ones on defensive here afraid of looking like they won t pass payroll packs cut so they seem to be trying to play the heavier hand here. we ll see how it plays out this week. outside of the political world of course the weekend s big story is the death of whitney houston. the news arrived the day before the grammy awards and last night s ceremony became a tribute to the talented but troubled singer. there is no way around this. we ve had a death in our family. when truly great artists leave us, their legacy lives on. we love whitney houston. i just wan