Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Kenya : Police arrest 8 over Mombasa rampage

Read more

FOCUS

Overfishing and the global appetite for bluefin tuna: can Tokyo turn the tide?

Read more

MEDIAWATCH

Too many graphic images from Gaza ?

Read more

FASHION

Who's next in Paris, an event with international ready-to-wear and fashion accessories collections

Read more

ENCORE!

Tunisia's Carthage International Festival turns 50

Read more

THE OBSERVERS

Muslims and Christians clean up Bangui, and violence spirals out of control in Algeria's Gardaia

Read more

IN THE PAPERS

Is there such thing as 'telegenic' victims of war?

Read more

IN THE PAPERS

2014-07-22 07:21 IN THE FRENCH PRESS

Read more

THE INTERVIEW

Michel Sidibé, UNAIDS Executive Director

Read more

  • US, European airlines suspend flights to Tel Aviv over Israel-Gaza conflict

    Read more

  • Video: Lebanon fears fallout from regional turmoil

    Read more

  • Australian veteran Rogers claims 16th stage of Tour de France

    Read more

  • French Jews mourn French-Israeli soldier killed in Gaza

    Read more

  • Colombia's Rodriguez signs '€80m' contract with Real Madrid

    Read more

  • A call for harmony in riot-hit ‘Little Jerusalem’ Paris suburb

    Read more

  • Five children among seven killed in minibus crash in central France

    Read more

  • Hollande says French warship delivery will ‘depend on Russia’s attitude’

    Read more

  • Widodo wins Indonesian presidential election

    Read more

  • Ukraine rebels release bodies, black boxes from flight MH17

    Read more

  • Notorious ‘VIP’ prison in Paris closed for renovations

    Read more

  • An ‘explosion of violence’: French press reacts to Gaza protests

    Read more

  • Christians in Iraq's Mosul face execution or exodus

    Read more

  • Scores killed as Libyan militias fight over airport

    Read more

  • Ukraine football players refuse to return home after friendly in France

    Read more

  • China steps up communist education to guard against ‘moral decline’

    Read more

Americas

US House extends Obama tax cuts through 2012

Text by News Wires

Latest update : 2012-02-17

The US House of Representatives extended jobless benefits and a tax cut for 160 million Americans through to the end of the year Friday in a victory for President Barack Obama. The vote now goes to the Senate, where it is expected to pass with ease.

REUTERS - The U.S. House of Representatives on Friday passed legislation on Friday extending a tax cut for 160 million workers through December and continuing long-term jobless benefits, handing President Barack Obama a major victory.

The legislation, which would add $100 billion to the U.S. deficit and is aimed at further stimulating the economy, was approved by a bipartisan vote of 293-132. It next goes to the Democratic-led Senate, where it is expected to pass, possibly later in the day.

The House vote caps a fever-pitch debate in Congress that began in earnest in November. Democrats argued the legislation will help grow the economy and provide needed cash to struggling middle class families and workers who have been unable to find jobs amid an 8.3 percent unemployment rate.

Republicans have staked out a series of changing positions as they questioned the effectiveness of the tax cut but ultimately saw that opposition would hurt them in November's congressional and presidential elections.

After a full year of pushing controversial measures to reduce government budget deficits that have been topping $1 trillion annually, many Republicans on Friday found themselves voting for a measure that adds $100 billion to deficits.

But a significant number of the 242 House Republicans - around 90 - abandoned House Speaker John Boehner and voted against the bill.
 

Date created : 2012-02-17

  • USA

    Congress passes payroll tax deal in victory for Obama

    Read more

  • USA

    Republicans agree to extend tax cut by two months

    Read more

COMMENT(S)