20 December, 2011

CNN Breaking News

House Republicans will likely prevent a vote on a Senate plan for a two-month extension of the payroll tax cut, House Minority Leader Nancy Pelosi said Monday night.

GOP aides told CNN the vote would likely be scrapped to avoid having House Republicans oppose a tax break for working Americans. The vote had been expected Monday night, but after a long meeting of the House Republican conference, GOP leaders said they would wait until Tuesday.

Speaker John Boehner called for a one-year extension rather than the two-month extension passed by an 89-10 vote in the Senate on Saturday. "We’re willing to get the work done now and do it the right way," said Boehner, R-Ohio.

Moments later, Pelosi, D-California, countered: "It’s just the radical, tea party Republicans who are holding up this tax cut for the American people and jeopardizing our economic growth."

The payroll tax cut is worth roughly $1,000 a year for an average family. The Senate bill also addressed expiring emergency federal unemployment benefits and the renewal of the so-called doc fix, a delay in scheduled pay cuts to Medicare physicians.

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