Dems Wants a Two Month Tax Extension, GOP Pushing for One Year

Dems Wants a Two Month Tax Extension, GOP Pushing for One Year
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In a CBS article, discussion over the debate on a yearlong extension of the payroll tax continues.  Despite the fact that 160 million Americans will see their payroll tax revert to 6.2 percent from the current 4.2 percent that it has been since last year if a deal isn’t reached by the end of the month, Democrats are only pushing for passage of a short, two month deal. 

Speaker Boehner wrote in an op-ed published in USA Today, “We hope the president will urge Senate Democrats to change their minds.  He should call on them to appoint negotiators so we can extend payroll tax relief for a full year and help create jobs.”

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