The White House says President Barack Obama called House Speaker John Boehner and Senate Majority Leader Harry Reid Wednesday to urge a resolution to the payroll tax cut standoff. (Dec. 21).
The White House says President Barack Obama called House Speaker John Boehner and Senate Majority Leader Harry Reid Wednesday to urge a resolution to the payroll tax cut standoff. (Dec. 21)
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He Said What? 'F U' - Speaker Boehner Curses Reid!!!
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House Speaker John Boehner told reporters Democrats 'will not negotiate', while Democratic leaders say the House Speaker will not agree to discussions on a full-year budget or the debt ceiling.
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Breaking! Fiscal Cliff Drama between Reid & Boehner | Rep. John Boehner, Rep. Harry Reid obscenity-laced argument over fiscal cliff
Fiscal cliff negotiations between House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) reportedly got heated last Friday.
According to Politico, several sources claimed to have overheard a verbal altercation between the two men in the White House lobby.
With no bipartisan agreement about the debt ceiling, spending cuts and tax increases in sight, Boehner reportedly pointed at Reid and said, 'Go f**k yourself.'
'What are you talking about?' Reid asked.
And Boehner again said, 'Go f**k yourself.'
The encounter occurred soon after Reid took to the Senate floor and argued that Boehner could have ended the fiscal cliff standoff by bringing up legislation passed by the Senate for a vote. Reid also accused Boehner of catering to members of his party rather than serving the country.
'The American people I don't think understand the House of Representatives is operating without the House of Representatives,' Reid said. 'It's being operated by a dictatorship of the speaker, not allowing the vast majority of the House of Representatives to get what they want.'
Despite the name-calling and angry rhetoric, a deal on the fiscal cliff was approved by both houses of C
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When the corporate tax rate was reduced to 25 per cent last month, it was termed as an early Diwali for the corporate sector. Now, taxpayers are hoping the government will gift them a similar tax relief. The Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs. ET's Babar Zaidi explains the impact on your income tax. Watch now. (Text: ET Bureau)
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Vice President Joe Biden visited Washington's first Costco store, where he bought several items in a pre-Christmas shopping spree on Thursday. He said he was at the store to demonstrate the need to extend tax cuts for the middle class.
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Senate Majority leader Harry Reid urges President Barack Obama to 'go big' as he weighs executive action on immigration reform.
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If you want to save your tax this year, then this news is for you.
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