McConnell Proposes Way Forward on Payroll Tax Standoff - East Idaho News
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McConnell Proposes Way Forward on Payroll Tax Standoff

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Getty P 121910 MitchMcConnell?  SQUARESPACE CACHEVERSION=1324578904860JEWEL SAMAD/AFP/Getty Images(WASHINGTON) — In his first public statement since seen high-fiving after the Senate passed their payroll tax bill, Senate Minority Leader Mitch McConnell, R-Ky., Thursday proposed a compromise to break the impasse over how to extend the payroll tax cut that has held Congress in a month-long standstill.

The proposal: the House passes the short-term extension that the Senate passed Saturday and the Senate appoints members to a conference committee which will negotiate a long-term extension.

“House Republicans sensibly want greater certainty about the duration of these provisions, while Senate Democrats want more time to negotiate the terms,” McConnell said in a statement. “These goals are not mutually exclusive. We can and should do both.”

It is a way for House Republicans to cave but still claim they got something in the end.

“Leader Reid should appoint conferees on the long-term bill and the House should pass an extension that locks in the thousands of Keystone XL pipeline jobs, prevents any disruption in the payroll tax holiday or other expiring provisions, and allows Congress to work on a solution for the longer extensions.”

Senate Majority Leader Reid, D-Nevada has chosen not to appoint conferees to a conference committee, saying that he will only re-open long term negotiations if the House first passes the Senate’s bill.

“There is no reason why Congress and the president cannot accomplish all of these things before the end of the year,” McConnell said.

On Wednesday, one of the top Democrats in the Senate, Sen. Chuck Schumer, D-N.Y., suggested that if the House passes the two-month deal, then the Senate could potentially come back to Washington next week and work toward a year-long deal.

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