WASHINGTON (AP) — Democrats are mostly satisfied with a compromise bill extending payroll tax cuts and benefits for the long-term unemployed through 2012, and it should be pushed through Congress quickly, the party's House leader said Thursday.
The remarks by House Minority Leader Nancy Pelosi came hours after a post-midnight announcement by the two lead negotiators, Rep. David Camp, R-Mich., and Sen. Max Baucus, D-Mont., that only technical issues and the drafting of legislative language remained.
The bill would assure a continued tax cut for 160 million workers and jobless benefits for several million others, delivering top election-year priorities to President Barack Obama and edging a white-hot political battle a big step closer to being resolved.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In
© 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.
