Deadlocked Over FICA Tax Cuts
December 22, 2011
of Americans could see their taxes go up while others could soon lose
their unemployment insurance because of political gridlock in
The U.S. House of Representatives Tuesday side-stepped a vote on a bill
to temporarily extend a payroll tax cut, calling instead for a new round
of negotiations on a full-year extension.
Republican House Speaker John Boehner told reporters afterward that
Republican lawmakers in the House had done their job, placing the blame
on lawmakers in the U.S. Senate.
The failure of House Republicans to pass the Senate bill sparked an
angry reply from U.S. President Barack Obama.
"I need the speaker and house republicans to do the same, put politics
aside, put aside issues where there are fundamental disagreements and
come together on something we agree on."
He said the American people are tired and weary of gamesmanship and
leaders have said they have no plans to negotiate a new deal before the
end of the year.
The White House says 160 million Americans will see their taxes go up by
about $1,000 a year if the House fails to pass the tax cut extension by
the end of the year.
The White House also says about two million out-of-work Americans will
lose their unemployment insurance if the House does not act.
The Senate on Saturday overwhelmingly approved the two-month extension
of a payroll tax cut.
The White House Tuesday said it wants House lawmakers to pass the
two-month tax cut extension now, and then negotiate the cut for a full
year when they return from their holiday break in January.
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