Tax talks hit serious setback as GOP seeks Social Security cut

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

chamberWASHINGTON — Talks over preventing the New Year’s tax hike on all but the wealthiest Americans hit a major setback Sunday when Republicans demanded — and Democrats rejected — a move to trim cost-of-living increases for Social Security recipients.

Negotiations continue, but the offer presented by aides to Republican Senate Minority Leader Mitch McConnell (R-Ky.), was swiftly rejected by Senate Majority Leader Harry Reid (D-Nev.)

It comes as lawmakers convene for a rare Sunday session of Congress, and McConnell said he telephoned Vice President Joe Biden to help broker a compromise.

For more on this LA Times story, click here.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


    • Joe

      did ya hear the bastards get a raise next year, thanks to obama. but sure as hell screw us next year… what will it take for a full scale revolt against this broken system?

  • Citizen98107

    The Republican obstructionists are the problem. Has the GOP ever done anything for the average American –hell no! Bush/Cheney sent the world into the worst recession since 1930.