Sunday, December 18, 2011

The Tax Cut Deal

House GOP leaders want new payroll tax cut bill

By ALAN FRAM Associated Press The Associated Press
Sunday, December 18, 2011 9:06 PM EST

WASHINGTON (AP) — Top House Republicans rebelled Sunday against a bipartisan, Senate-approved bill extending payroll tax cuts and jobless benefits for two months.
The House GOP defiance cast uncertainty over how quickly Congress would forestall a tax increase otherwise heading straight at 160 million workers beginning New Year's Day. House Speaker John Boehner, R-Ohio, said it could be finished within two weeks, which suggested that lawmakers might have to spend much of their usual holiday break battling each other in the Capitol.
A day after rank-and-file House GOP lawmakers used a conference call to spew venom against the Senate-passed bill, Boehner said he opposed the legislation and wanted congressional bargainers to craft a new, yearlong version.
"The president said we shouldn't be going anywhere without getting our work done," Boehner said on NBC's "Meet the Press," referring to President Barack Obama's oft-repeated promise to postpone his Christmastime trip to Hawaii if the legislation was not finished. "Let's get our work done, let's do this for a year."
A spokeswoman for House Majority Leader Eric Cantor, R-Va., said the House would vote Monday to either request formal bargaining with the Senate or to make the legislation "responsible and in line with the needs of hard-working taxpayers and middle-class families."
Cantor spokeswoman Laena Fallon did not specify what those changes might be, beyond a longer-lasting bill. Boehner, though, expressed support for "reasonable reductions in spending" in a House-approved payroll tax bill and for provisions that blocked some Obama administration anti-pollution rules.
Democrats leaped at what they saw as a chance to champion lower- and middle-income Americans by accusing Republicans of threatening a wide tax increase unless their demands are met. If Congress doesn't act, workers would see their take-home checks cut by 2 percentage points beginning Jan. 1, when this year's 4.2 percent payroll tax reverts to its normal 6.2 percent.



So, they want to reduce environmental protections and are holding this tax relief measure hostage to do it. They like to talk about about unnecessary regulations, but they never speccify what they have in mind. It's really all about smoke stack emission standards, though, gaining even greater profits for a few at the expense of untold numbers of suffereres from respiratory ailments. 

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