Tags: Economic- Crisis | payroll | tax | cantor

Cantor Says Senate Payroll Tax Plan Hurts Workers

By Hiram Reisner   |   Tuesday, 20 Dec 2011 04:45 AM

House Majority Leader Eric Cantor says while he thinks the payroll tax cut should be extended,  the two-month continuance approved by the Senate last week will only “hurt workers.” Cantor also told CNN’s Wolf Blitzer Monday the Senate, which has recessed for the holiday season, should “come back to town” and enter formal negotiations with the House to complete a one-year plan.
“The two-month plan that was passed by the Senate has now been deemed unworkable by the National Payroll Reporting Consortium, who sent up to Capitol Hill this letter,” Cantor said. “And basically, it’s saying that the Senate plan will provide more uncertainty, confusion, and will actually hurt workers.
“And I don’t think anybody really thinks that it is a good way to implement policy on a two-month basis — and again, that’s what we are saying,” he said. “It’s time for the Senate to come back to town, to do what it is that the president said we should be doing, which is to provide that year-long guarantee that taxes are not going to go up for working people.”

Blitzer asked Cantor whether a two-month extension was not better than none at all. Cantor said Congress should be able to do surpass that plan.

“I don't think there’s anybody who said that a two-month tax policy or healthcare policy is the way we ought to go — and we can do this,” Cantor said. “I mean, when negotiations broke off, Wolf, you know, we were close — and I think that we can do this.

“And the working people of this country deserve more — and they deserve better — they deserve to be going into Christmas, in the New Year, knowing full well that their taxes are not going to go up and them the entire year,” he said. “That’s what the president has asked for — and that’s what we in the Congress and the House are committed to doing — is to working together to reach the compromise that will guarantee that people are not going to see their taxes go up for the full year.”

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