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Payroll Tax Bill

December 19, 2011 by staff 

Payroll Tax BillPayroll Tax Bill, The U.S. House of Representatives will vote tonight and is expected to reject a Senate-backed bill that would extend a payroll tax cut for workers for two months, Speaker John Boehner said today.

The announcement by the Ohio Republican escalates the standoff between the two chambers of Congress and President Barack Obama over whether and how to extend the payroll tax cut beyond its Dec. 31 expiration. Boehner said he expects the House to “disagree” with the Senate measure and then move to appoint members to a conference committee that would resolve differences between the House and Senate.

The payroll tax-cut debate caps a year in which lawmakers have struggled to resolve basic fiscal policy issues until the last minute. Boehner said Republicans want to avoid a payroll tax increase, though he said a two-month extension is unacceptable.

“Americans are tired of Washington’s short-term fixes and gimmicks,” he told reporters today. “Democrats and Republicans agree the payroll tax cut needs to be extended for a full year to provide the kind of relief that Americans need in this struggling economy.”

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