House Speaker John Boehner says Republicans will defeat a short-term bill that would have prevented a tax hike on some 160 million Americans and called on Democrats to stay in Washington through the holiday if necessary to "finish the people's business."

Boehner told reporters on Capitol Hill on Monday that the Senate bill extending the payroll tax cut for only two months "creates uncertainty" in the economy. He said Republicans would hold out for a bill that would extend the cuts for a year.

Boehner said: "It's time for us to do our work."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 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.