WASHINGTON — The House will hold its first Sunday session in more than two years as lawmakers seek to resolve a budget impasse before at least $600 billion in spending cuts and tax increases begin Jan. 1.
In a conference call Thursday with the Republican leadership, House members agreed to return Sunday amid a budget stalemate that has each side blaming the other. Markets pared losses following the announcement of the House return, after the Standard & Poor’s 500 Index fell as much as 1.3 percent on mounting concern that no deal would be reached.
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This comment from "no budget in years" Harry Reid? Pathetic.
Settle in at a $500K single/$750K combined with a balanced spending side compromise and just get the darned thing done tomorrow. Exempt small busniesses and eliminate the loopholes that many non-business sole proprietors use to skirt the laws. I have friends who are employees who switched to FT contractor status since it is so advantageous in the wake of the AMT.
"were" employees...... my bad.
:Reid charged Thursday that the House was ‘‘being operated with a dictatorship of the speaker.’" That's a hilarious statement from Harry Reid, considering that the House members VOTED DOWN John Boehner's proposal.
Same story, HEADLINE changes. (My previous post was to the previous headline). We all know the Democrats and the media's M.O. here. If no change before January BLAME REPUBLICANS. If Republicans agree to allow Tax increases, BLAME REPUBLICANS even more because they "CONCEDED" the fact that tax increases are necessary. Also BLAME REPUBLICANS because they interrupted Barack Obama's vacation.