To see if were able, on a bipartisan basis to move forward. Reporter Senate Majority leader harry reid said he too would try to reach agreement. But that was after spending most of the day hammering away at House Republicans. Reid blamed the current stand off on the inability of House Republicans to pass their own plan which would have extended tax breaks for everyone making less than a Million Dollars a year. Its the mother of all debacles. That was brought up in an effort to send us something. He couldnt even pass it among the republicans it was so absurd. He meaning the speaker. So its very clear now mr. President that the speakers number one goal is to get elected speaker on january 3. Reporter january 3 is the deadline for the new congress to start work. If a fiscal cliff fix isnt passed by then, the start of a new congress will likely delay matters even more. Which is why the focus now is on reaching a nanodeal. The minimal that they can put together to avoid the fiscal cliff whi
To see if were able, on a bipartisan basis to move forward. Reporter Senate Majority leader harry reid said he too would try to reach agreement. But that was after spending most of the day hammering away at House Republicans. Reid blamed the current stand off on the inability of House Republicans to pass their own plan which would have extended tax breaks for everyone making less than a Million Dollars a year. Its the mother of all debacles. That was brought up in an effort to send us something. He couldnt even pass it among the republicans it was so absurd. He meaning the speaker. So its very clear now mr. President that the speakers number one goal is to get elected speaker on january 3. Reporter january 3 is the deadline for the new congress to start work. If a fiscal cliff fix isnt passed by then, the start of a new congress will likely delay matters even more. Which is why the focus now is on reaching a nanodeal. The minimal that they can put together to avoid the fiscal cliff whi
captioning sponsored by wpbt tom: good evening and thanks for joining us. susie is off this week. my colleague suzanne pratt is with us tonight. suzanne, after weeks of deadlock, it looks like we could finally see a deal on extending the payroll tax cut. suzanne: tom, it came late today with house speaker john boehner agreeing to another vote on the senate s plan for a two- month extension. if that vote fails tomorrow, payroll taxes will go up january 1 from just over 4% to 6.2%. tom: that works out to a difference of about $40 a week for most workers. you know, when everybody called for a one-year extension of the payroll tax deduction, when everybody wanted a full year of extended unemployment benefits, we were here fighting for the right things. it may not have been politically the smartest thing in the world, but i m going to tell you what i think our members waged a good fight. we were able to come to an agreement. we were able to fix what came out of the senate
captioning sponsored by wpbt tom: good evening and thanks for joining us. susie is off this week. my colleague suzanne pratt is with us tonight. suzanne, after weeks of deadlock, it looks like we could finally see a deal on extending the payroll tax cut. suzanne: tom, it came late today with house speaker john boehner agreeing to another vote on the senate s plan for a two- month extension. if that vote fails tomorrow, payroll taxes will go up january 1 from just over 4% to 6.2%. tom: that works out to a difference of about $40 a week for most workers. you know, when everybody called for a one-year extension of the payroll tax deduction, when everybody wanted a full year of extended unemployment benefits, we were here fighting for the right things. it may not have been politically the smartest thing in the world, but i m going to tell you what i think our members waged a good fight. we were able to come to an agreement. we were able to fix what came out of the senate
captioning sponsored by wpbt tom: good evening and thanks for joining us. susie is off this week. my colleague suzanne pratt is with us tonight. suzanne, after weeks of deadlock, it looks like we could finally see a deal on extending the payroll tax cut. suzanne: tom, it came late today with house speaker john boehner agreeing to another vote on the senate s plan for a two- month extension. if that vote fails tomorrow, payroll taxes will go up january 1 from just over 4% to 6.2%. tom: that works out to a difference of out $40 a week for most workers. you know, when everybody called for a one-year extension of the payroll tax deduction, when everybody wanted a full year of extended unemployment benefits, we were here fighting for the right things. it may not have been politically the smartest thing in the world, but i m going to tell you what i think our members waged a good fight. we were able to come to an agreement. we were able to fix what came out of the senate.