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WASHINGTON (Reuters) – House of Representatives Speaker John Boehner on Thursday bowed to pressure from both within and outside his party and agreed to a short-term deal to extend a payroll tax cut for 160 million Americans.
In what could be an end to a toxic stalemate, Boehner informed Senate Majority Leader Harry Reid that he will set a vote in the House on a Senate-passed two-month extension of the payroll tax cut, a Democratic leadership aide said.
Now comes the hard part – getting his often rebellious caucus to follow his lead. He is expected to brief members of his caucus later on Thursday, according to one lawmaker’s office.
Read more: http://www.mcall.com/news/local/sns-rt-us-usa-taxestre7b827k-20111209,0,557603.story
It’s sad that Speaker Boehner had to give in to the pressure of Wshington politics.I would have rather seen the tax cut expire and have congress start over again on a payroll tax cut.A 2 month extension really doesn’t make me want to spend more.A one year extension would have been better.
Then again,we are talking Washington politics.