John Boehner, House speaker and an Ohio Republican, told of a compromise on the payroll tax cut extension. Some GOP lawmakers feared voter backlash next year if a deal was not achieved.
(Joshua Roberts/Bloomberg)
House GOP yields on tax cut
Members feared political backlash; accord will bring 2-month extension
John Boehner, House speaker and an Ohio Republican, told of a compromise on the payroll tax cut extension. Some GOP lawmakers feared voter backlash next year if a deal was not achieved.
(Joshua Roberts/Bloomberg)
House Republican leaders agreed yesterday to accept a temporary extension of the payroll tax cut, beating a hasty retreat from a showdown that they increasingly saw as a threat to their election opportunities next year. Under a deal reached between House and Senate leaders, House members would accept the two-month extension of a payroll tax holiday and unemployment benefits approved by the Senate last Saturday,
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