Congress Might Actually Make a Payroll Tax Deal Soon
Posted on Feb 15, 2012
It’s remarkable how political infighting in Congress can be resolved by a healthy dose of bad news from opinion polls. On Wednesday, the outlook for the Obama-supported payroll tax cut and jobless benefits bill that has been contested for months was suddenly better, and the timing was no accident. —KA
AP via Google News:
Congressional leaders of both parties praised an emerging deal Wednesday to extend a payroll tax cut and extra jobless benefits through 2012, but cautioned that bargainers still had to nail down final details.
[...] Senate Finance Committee Chairman Max Baucus, D-Mont., one of the bargainers on the legislation, said there were “just a couple of little wrinkles” left that he believed would be resolved on Wednesday.
“I think a lot of people realize Congress is not enjoying a great reputation,” he told reporters. “Both sides recognized the need to get this done.”
Sen. Max Baucus is one of the legislators expecting the tax cut and benefits bill to make it through Congress soon.