19 December, 2011

CNN Breaking News

Speaker John Boehner said Monday morning that he expects the House to reject the two-month extension of the payroll tax cut bill that the Senate approved on Saturday.

Boehner also said he expects the House to pass legislation reinforcing the need for a one-year extension and wants the matter to be taken up by a House-Senate conference committee.

A Senate Democratic aide told CNN that the chances were "zero" that the Senate would return to Washington from its holiday recess to continue negotiating with the House on the issue.

The payroll tax cut extension expires at the end of the year and is worth roughly $1,000 a year for an average family.

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