As national sources have confirmed, the House will not vote on a deal to prevent going over the Fiscal Cliff Monday night. But, congressman Jeff Fortenberry remains confident a bill to stop a majority of tax hikes will be passed in the next few days.
"Only one portion of this problem is being substantially dealt with at this moment," congressman Fortenberry told Channel 8. "At least what it does is stop the massive tax hikes that would've been harmful to Nebraska families."
The congressman said the bill would also settle the issue of what the tax rates are going to be in the tax code for the long term. It also leaves time open for more debate on how to substantially reduce spending.
Another big issue for Nebraskans is the Farm Bill, but the republican says he is unsure if the bill will be presented on the House floor Monday night.
According to some officials, this means milk prices could skyrocket as high as $7.
With everything that's happened, we asked the congressman if the country should have confidence in its elected leaders.
"One problem with leaving this very important policy work until the 11th hour, is that it adds cynicism to the institution of Congress and the presidency," he said. "This is not healthy for our country."
Keep in mind, even if a bill is passed, paychecks are still likely to go down.
The tentative bill would let the two-percent payroll tax cut expire, meaning someone making $40,000 would see about $65 less in their paycheck per month.
Posted By: KLKN Newsroom email@example.com Lincoln police are investigated an early morning attempted robbery that ended up with the victim crashing his car. It happened just before 3 a.m. on Monday nearMore >>
Lincoln police are investigated an early morning attempted robbery that ended up with the victim crashing his car.More >>
Posted by: Newsroom firstname.lastname@example.org Omaha Police Chief Todd Schmaderer says he plans to discuss a police investigation that is exploring links between the slayings of a Creighton University professor andMore >>
The Omaha police chief says he plans to discuss a police investigation that is exploring links.More >>
By: Jenn Schanz email@example.com Keven Skiles has been biking since he can remember. He rides everywhere, sometimes biking the same path three or four times a day. While riding his usual route onMore >>
While riding his usual route on the bike path in front of McDonalds on 56th and Old Cheney road, Keven was clipped by a car that he says, wasn't paying attention after he pulled out too far at a stop sign.More >>
By: Kayla Bremer firstname.lastname@example.org With Memorial weekend just around the corner, gas prices are expected to rise even more. Just 4 cents separate the current cost and Lincoln's all time high, and peopleMore >>
With Memorial weekend just around the corner, gas prices are expected to rise even more.More >>
By: KLKN Newsroom email@example.com The City of Lincoln will swear in three new City Council members at Monday's meeting. Roy Christensen, Trent Fellers and Leirion Gaylor Baird will be sworn in. They'llMore >>
The City of Lincoln will swear in three new City Council members at Monday's meeting.More >>
By: KLKN Newsroom firstname.lastname@example.org Two people are in custody after Jefferson County Deputies find meth in their car. Deputies said it happened on Friday around 3 p.m. in Reynolds. After they cited theMore >>
Two people are in custody after Jefferson County Deputies find meth in their car.More >>
By: KLKN Newsroom email@example.com After nearly 40 years with the Human Resources Department, Nancy Biggs and Sue Wright are retiring from LPS. To celebrate their careers and years of service, a specialMore >>
After nearly 40 years with the Human Resources Department, Nancy Biggs and Sue Wright are retiring from LPS.More >>
By: Jenn Schanz firstname.lastname@example.org "Student loans, any kind of debt, make sure my family is taken care of, and travel." That's what Madeline Hendrix would do if she won the 600 million dollar PowerballMore >>
For the superstitious Powerball jackpot player, number choice, time of day, and even where a ticket is bought are huge factors. More >>