Reason Morning Links: Payroll Tax Cut Fails In Senate, IMF Considering $270 Billion Euro Bailout, BART Adopts Cell-Phone Shutdown Rule


  • Senate Republicans rejected two different payroll tax cuts yesterday; the one prposed by Obama, and the one proposed by Senate Minority Leader Sen. Mitch McConnell (R-Ky.).
  • Bloomberg: "A European proposal to channel central bank loans through the International Monetary Fund may deliver as much as 200 billion euros ($270 billion) to fight the debt crisis, two people familiar with the negotiations said."
  • Jobless rate drops from 9 percent to 8.6 percent; Reuters take: "Further evidence the economic recovery was gaining momentum." (E.A.)
  • TIME asks, "Can Ron Paul Win the Anti-Romney Primary?"; the answer they get closely resembles a "yes." 
  • Criminal charges have been filed against 18 Occupy L.A. protesters, and "most of the 291 people arrested early Wednesday remained jailed because they can't afford to post bail." 
  • The FCC signed off on a rule passed yesterday by Bay Area Rapid Transit that says the agency can deny cell service to passengers whenever BART thinks being able to use a phone would jeopardize public safety. 

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