Senate Majority Leader Harry Reid, D-Nevada, said Monday he will not agree to reopen negotiations with House leaders on a payroll tax cut until the House passes the two-month extension already approved by the Senate.
Earlier Monday, House Speaker John Boehner, R-Ohio, said he expected the House to reject the tax cut bill that the Senate approved Saturday. Boehner also said that he expected the House to pass legislation reinforcing the need for a one-year extension and that he wanted the matter to be taken up by a House-Senate conference committee. Reid said in a statement that, "My House colleagues should be clear on what their vote means today. If Republicans vote down the bipartisan compromise negotiated by Republican and Democratic leaders, and passed by 89 senators including 39 Republicans, their intransigence will mean that in ten days, 160 million middle class Americans will see a tax increase, over two million Americans will begin losing their unemployment benefits, and millions of senior citizens on Medicare could find it harder to receive treatment from physicians."The payroll tax cut extension expires at the end of the year and is worth roughly $1,000 a year for an average family.
Editorial : Mr. Boehner taking care of his millionaire friends. "You Bet`Cha ! Harry Reid, taking care of the 99%.
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