WASHINGTON (AP) — House GOP leaders are struggling with divisions within their party over whether to extend the payroll tax cut, after the Senate punted on its efforts to keep the tax holiday going another year.
Senate votes Thursday exposed wide reluctance by Republicans to go along with the costly proposal that's a centerpiece of President Barack Obama's jobs agenda. That puts the focus on the GOP-controlled House.
The cut in Social Security payroll taxes encountered stiff opposition from many House Republicans in a closed-door meeting on Friday, and it seemed plain Republican leaders like House Speaker John Boehner have a lot of persuading to do before the payroll tax measure and an accompanying extension of unemployment benefits is ready for a vote.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.