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Payroll Tax Extension May Be Dead

December 21, 2011 by  

Payroll Tax Extension May Be Dead

The pressure mounted on Wednesday to approve the Senate-passed payroll tax measure to temporarily extend a payroll tax holiday, with several GOP Senators and President Barack Obama pushing the issue.

The Wall Street Journal editorial board issued a critique this morning of Republicans’ handling of the tax fight, saying they “have thoroughly botched the politics” of the issue and have “achieved the small miracle of letting Mr. Obama position himself as an election-year tax cutter.”

Senator John McCain (R-Ariz.) agreed with the editorial, which called for House Republicans to “cut their losses” and move the bill, according to The Washington Post.

House Speaker John Boehner dismissed the Wall Street Journal editorial, and said that the Republican Party is “the party of lower taxes for the American people” but that further negotiation over the measure was necessary.

“We have fought for lower taxes for the 21 years that I’ve been in this Congress; we’re going to continue to be the party of lower taxes,” he said. “And the fact is that we can resolve these differences between the two parties and give the two parties a real Christmas present.”

The House rejected the measure in a vote of 229-193 on Tuesday. Senate Majority Leader Harry Reid has said he is not open to further negotiations over the measure. House Democrats continue to push for Boehner to give in and rekindle chances for a passage of the measure, but most members of the chamber have left for the holidays and will meet “as necessary.”

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

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