Boehner: GOP 'Ready’ For Payroll Tax Cut Talks

Tuesday, 22 Nov 2011 02:35 PM

 

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink

U.S. House Speaker John Boehner said he wants to discuss an extension of the expiring payroll tax cut with the Obama administration.

“We told the president in September that we stand ready to have an honest and fruitful discussion with him regarding the payroll tax extension, and that invitation stands,” the Ohio Republican said in a statement released today.

Boehner also urged Obama to push the Democratic-controlled Senate to vote on House-passed jobs bills.

Unless Congress acts, the 2-percentage-point cut in the payroll tax will expire Dec. 31, leading to a drop in take-home pay for workers next year.

President Barack Obama urged Congress today to prevent the tax cut from expiring. This year’s tax break, which started in January, cost the government $111.7 billion in forgone revenue.


© Copyright 2014 Bloomberg News. All rights reserved.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved