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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 18, 2011
Page
8
The Senate voted 89 to 10 to extend expiring tax breaks and unemployment benefits for two months, delaying Medicare doctor payment cuts. The bill sets up a House vote and frames a future fight over the payroll tax cut and energy project amid a heated election year.
The legislation renews the 2 percentage point payroll tax cut through February 29 at a cost of 20.4 billion dollars and extends long-term unemployment benefits through February 29 at 8.4 billion. It also avoids a 27 percent cut in Medicare doctor payments, raises FHFA and Fannie Mae Freddie Mac mortgage fees to 35.7 billion over 10 years, and requires Obama to approve the Keystone XL pipeline within 60 days unless national interest is deemed. Senate passage precedes House action as part of a broader funding package to prevent government shutdown.
U S Defense Secretary Leon Panetta becomes the first Pentagon chief to visit Libya. He vows U S support for a democratic transition while warning of Islamic militant risks amid militia integration challenges under Libyan Prime Minister Abdurrahim el Keib. He cites Libya as a bright beacon of freedom in the region.
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