Compromise Passes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Compromise passes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Compromise Passes Today - Breaking & Trending Today

Detailed text transcripts for TV channel - CNN - 20101207:19:01:00

More. here s a breakdown. the tax cuts live on. but only for two years. not permanently as republicans had wanted. federal unemployment benefits get funded through the end of next year. this is not an extension. this doesn t go beyond the 99 total weeks that you can get but for people who have to apply for that extension they can do that. while people with jobs get a one year two percentage point break in the payroll tax which funds social security. a big get for the gop. a break in the estate tax. the white house agreed to cap the tax on estates worth more than $5 million at 35%. it was above 50%. it was going to revert to being above 50%. most americans pay more in social security tax than they actually do in federal income tax. if the president s compromise passes, the rate for 2011 for social security tax, what you have pay on your paycheck, drops from 6.2% to 4.2%. for someone earning $40,000 a ....

Tax Cuts , Unemployment Benefits , Doesnt Go , Estate Tax , Social Security , Payroll Tax , Point Break , Tens Of Millions Hard Working Americans , Social Security Payroll Tax , White House , Income Tax , Social Security Tax , 5 Million , Barack Obama , Compromise Passes , 6 2 , 4 2 ,

Detailed text transcripts for TV channel - MSNBC - 20101209:10:33:00

Next couple of weeks would increase the risk that the economy would stall out and we would have a double dip. that from larry summers. not all democrats believe they lose out if the compromise passes. barbara boxer said this. here s the thing. the president got the very best deal he could get. i believe that. i really do. i think in its current state it s got some issues because as you know, the republicans want to give the wealthy few and i m talking about seriously just a few families all these breaks and it adds mightily to the deficit and it doesn t hold up in the light of day and now the country s looking at this so i m not optimistic we can make it better and get it done. over on the house side barney frank predicts the package will pass, however, he will not support the compromise. no, i won t vote for it. i don t feel i should be coerced. it would do no economic damage ....

Larry Summers , Double Dip , Compromise Passes , Barbara Boxer , The Very Best , Side Barney Frank , Hold Up , Doesn T , T Vote ,

Detailed text transcripts for TV channel - MSNBC - 20101210:05:07:00

In washington in there s a confrontation? that bonus tax cut for millionaires and billionaires that is in this deal, when does that expire, december 2012? the additional gift to millionaires in the form of reduced estate taxes. the earned next tax credit, when does that expire? december 2012. the child tax credit extension, when does that expire, december 2012. the college tuition tax credit, it expires 2012. they get put on the calendar once this compromise passes, if it passes. what you will notice about that recurring date is that it follows immediately the presidential election of november 2012, all but ensuring the bush tax cuts will be one of the main issues of that election. trying to win that fight this year with big majorities in the house and senate, the president readily admitted that he failed. ....

Tax Cut , Estate Taxes , December 2012 , College Tuition Tax Credit , Tax Credit , Child Tax Credit Extension , Compromise Passes , November 2012 , Us Senate , Tax Cuts , Big Majorities In The House ,

Detailed text transcripts for TV channel - MSNBC - 20101210:02:07:00

Go off if this passs. you want to worry about who wins in washington in there s a confrontation? that bonus tax cut for millionaires and billionaires that is in this deal, when does that expire, december 2012? the additional gift to millionaires in the form of reduceded estate taxes. the earned next tax credit, when does that expire? december 2012. the child tax credit extension, when does that expire, december 2012. the college tuition tax credit, it expires 2012. they get put on the calendar once this compromise passes, if it passes. what you will notice about that recurring date is that it follows immediately the presidential election of november 2012, all but ensuring the bush tax cuts will be one of the main issues of that election. trying to win that fight this ....

Tax Cut , December 2012 , Tax Credit , Child Tax Credit Extension , Estate Taxes , College Tuition Tax Credit , Compromise Passes , Tax Cuts , November 2012 ,

Detailed text transcripts for TV channel - CNN - 20101207:18:02:00

We ll bring you his news conference live right here on cnn. here s the breakdown of the plan. bush-era tax cuts get extended for rich, poor, and in between, but not forever, for two years, not permanently, as republicans had wanted. federal unemployment benefits get funded through the end of next year, for 13 months, while people with jobs get a one-year, two percentage point break in the payroll tax which funds social security, going from 6.2% to 4.2%. and a big get for the gop, a break in the so-called death tax or the estate tax. the white house agreed to cap the tax on estates worth more than $5 million at 35%. now, most americans pay more in social security tax than they do in federal income tax. if this compromise passes, the rate for 2011 will drop, as i said, from 6.2% to 4.2%. that s the portion that you pay on your check for social ....

Tax Cuts , News Conference , George Bush Sr , Unemployment Benefits , Social Security , Payroll Tax , Point Break , 6 2 , 4 2 , Tens Of Millions Hard Working Americans , Estate Tax , Social Security Payroll Tax , White House , Death Tax , 5 Million , Income Tax , Social Security Tax , Compromise Passes , Will Drop ,