House, Senate make payroll tax cut deal

[dbt]

Source: CBS/AP

House Speaker John Boehner said Thursday that his fellow GOP congressmen have agreed on a deal to extend for two months the payroll tax cuts that would have expired at the end of the year. The announcement ends yet another episode of political brinksmanship in Washington that has contributed greatly to Congress' abysmal approval ratings.

The agreement allows the House to adopt the Senate's version of the two-month extension, albeit with some face-saving tweaks. The extension would begin on Jan. 1. In addition to language about jobless benefits, the agreement includes a provision expediting the review of the controversial Keystone XL oil pipeline. <snip>

There is a chance the deal could get derailed when Boehner seeks a "unanimous consent" vote on the deal, which would require every single GOP House member - even the angry ones - to agree. If any single congressman objects, that could require the whole chamber to reconvene after Christmas for a formal vote. <snip>

A House GOP aide told CBS News earlier in the day that the House would accept a new bill reflecting the two-month extension previously passed in the Senate, but would add language protecting small businesses from costly new reporting requirements in the Senate bill.


Read more: http://www.cbsnews.com/8301-250_162-57347402/house-senate-make-payroll-tax-cut-deal/?tag=stack

[classysassy]

1. When ever the House and the Senate agree

you can bet your bippy the average citizen is going to get screwed.