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The Payroll Tax Holiday, Extended at the Holiday

You can sleep well, America. Your payroll tax holiday will continue for the first two months of the new year. Don your stocking caps and wait for Santa Claus, if that’s your thing. House Republican leaders took a beating last week, as their press for a full-year payroll tax holiday in 2012 was outmaneuvered by [...]

Congress as Anti-Santa: Its Time to Actually Change

This past week, we saw news that a package deal on a “jobs” bill between Democrats and Republicans was scuttled. According to the AP, “Senate Democrats balked at a broad[] bill stuffed with unrelated provisions sought by lobbyists for business groups and doctors.” That’s out, so it’s in with the new: The centerpiece of [Senate [...]

Have a Holly Jolly Cost Estimate

Like Santa delivering presents to all the good little boys and girls, we have added cost estimates to some recent new laws. Public Law 110-449, the Unemployment Compensation Extension Act of 2008, costs the average U.S. family about $58. You can see some people discussing how to collect their benefits on the page for the [...]