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Sen. Reid set to offer compromise to extend payroll tax cut

WASHINGTON (Reuters) – Senate Majority Leader Harry Reid will offer a compromise on Monday to extend a popular payroll tax cut, a fellow Democrat said on Sunday. Appearing on the “Fox News Sunday” program, Senator Kent Conrad said Reid’s proposal would cover the cost of extending the tax cut, set…

Reid names Sens. Murray, Baucus and Kerry to new debt committee

WASHINGTON — Democratic US Senate Majority Leader Harry Reid said Tuesday he was naming Democratic Senators Patty Murray, Max Baucus and John Kerry to a new congressional “supercommittee” on US debt woes. “As the events of the past week have made clear, the world is watching the work of this…

Democratic Senator Kent Conrad to retire

Sen. Kent Conrad, a Democrat from North Dakota, will announce his retirement today, according to two major media outlets. The Washington Post‘s Chris Cillizza first reported the news Tuesday morning based on knowledge from “two informed Democratic sources,” and Conrad soon confirmed it in an e-mail to the Associated Press.…

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