December 19th, 2011
12:20 PM ET

Reid won't reopen negotiations until House passes payroll extension

[Updated at 12:20 p.m. ET] Senate Majority Leader Harry Reid, D-Nevada, said Monday he will not agree to reopen negotiations with House leaders on the payroll tax cut until the House passes the two-month extension already approved by the Senate.

[Posted at 10:40 a.m. ET] Speaker John Boehner, R-Ohio, said Monday morning he expects the House of Representatives to reject the Senate's two-month extension of the payroll tax cut.

Boehner also said he expects the House to pass legislation reinforcing the need for a one-year extension, and wants the matter to be taken up by a House-Senate conference committee.

"We oppose the Senate bill because doing the two month extension instead of a full year extension causes uncertainty for job creators," he said. "I used to run a small business. I met a payroll. I hired workers. A two month extension creates uncertainty and will cause problems for people who are trying to create jobs in the private sector."

"The idea that tax policy can be done two months at a time is a kind of activity we see here in Washington that's really put our economy off its tracks."

The Republican-controlled House of Representatives is expected to vote Monday evening on a short-term extension of the popular payroll tax cut, but the measure is facing fierce resistance from conservatives upset with both the temporary nature of the bill and its impact on funding for Social Security.

How it affects you | How it's paid for

FULL STORY
Post by:
Filed under: Economy • John Boehner • Politics
soundoff (85 Responses)
  1. Sinthia

    Dracorex, that's a rumor. That's all.

    December 19, 2011 at 11:44 pm | Report abuse |
  2. Sinthia

    Mmmmmmmmmm...bacon!

    December 19, 2011 at 11:45 pm | Report abuse |
  3. Bill

    Here we go again....these teavangelicals in the house pushing their all-or-nothing mentality to the detriment of the populus. Yeah, a year plan would be nice BUT in this situation people need to grab what they can when the partisan divide is so virulent! Let's hope people remember all this when they walk into their poling place next November!

    December 20, 2011 at 8:42 am | Report abuse |
  4. gung hoe

    Chrissey I WAS A IDIOT PLEASE DONT LET ME LOSE YOUR FRIENDSHIP AS I AM TRULY SORRY!!!!

    December 20, 2011 at 10:53 am | Report abuse |
  5. gung hoe

    @chrissey it wasnt deliberit really IAM SORRY

    December 20, 2011 at 10:59 am | Report abuse |
  6. chrissy

    Ok apology accepted.

    December 20, 2011 at 12:17 pm | Report abuse |
  7. ronvan

    FOLKS, how much longer are we going to put up with this circus? The Repukes have, time and time again, PROVEN that they could care less about our country or us! Lets show them, both parties, that WE, the people STILL are important and vote all these clowns out of office. Just how worse off could we be? The U. S. has become the butt end of jokes from the world.

    December 20, 2011 at 6:26 pm | Report abuse |
1 2 3 4 5 6
« Back to main