House Republicans Allegedly Give, Allow Payroll Tax Exension
Was the pressure too much, or did the House GOP decide they would rather spend Christmas with their families than continue practicing partisan obstructionism? Either way, Congressional Republicans have allegedly given in and voted through the Senate two month payroll tax holiday and unemployment benefits extension.
“Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1 while ensuring that a complex new reporting burden is not unintentionally imposed on small business job creators,” Boehner (R-Ohio) said in a statement. “The Senate will join the House in immediately appointing conferees, with instructions to reach agreement in the weeks ahead on a full-year payroll tax extension. We will ask the House and Senate to approve this agreement by unanimous consent before Christmas. ”
By eventually agreeing to pass the bipartisan Senate bill that was approved last week, the Republican caucus has inherently opened itself up to once more fighting the same battle in January, and losing much of their leverage when it comes to a second deal. The passage also has given Democrats the upper hand on being the “pro-tax cut party” heading into election season.
The agreement is expected to be voted on in a session on Friday. It will be interesting to see if the caucus does in fact vote for the extension as Boehner claims, and which of his members decide not to go along with the decision.
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