Boehner Compares Senate's ‘Measly $166’ Payroll Tax Cut to $1,000 One-Year GOP Proposal
(CNSNews.com) – House Speaker John Boehner (R-Ohio) joined other GOP leaders Thursday in calling on President Barack Obama and House Democrats to agree to extend the payroll tax cuts for a year instead of settling for a two-month extension.
Boehner said the difference between the Senate bill, which only extends the payroll tax cut for two months, and the Republicans’ proposal for a year-long extension is “a measly $166,” compared to $1 thousand. Boehner said the year-long version would also provide certainty for businesses.
“A two-month extension only perpetuates the uncertainty that too many employers already have in dealing with the economy and what’s coming out of Washington. Listen, I used to run a small business. I can tell you that the language in the Senate bill will hurt small businesses,” Boehner added.
“The Senate only goes for two months, but businesses send their taxes in, write the check – I used to write the check to the IRS, but it’s done on a quarterly basis. And so you’re gonna have a couple of months of this and another month of this … trying to figure out what your obligation is, is going to be difficult,” he said.
“And secondly, the paperwork requirements and the programming requirements contained in the Senate bill will make it virtually impossible for those who provide payroll services to do the job that employers hire them to do,” Boehner said.
“The fact is, we can do better. Americans are still asking the question: ‘Where are the jobs?’ It’s time for us to sit down and have a serious negotiation, solve this problem so that American workers don’t see their taxes go up in January,” he added.
House Majority Leader Eric Cantor (R-Va.) urged Obama to meet with Republicans as soon as possible, noting that the president had time do some Christmas shopping with his dog, Bo.
“I saw the president out yesterday doing his Christmas shopping. I saw he brought his dog with him. We’re here. He can bring his dog up here. We are pet friendly, and again it will not take a long time. We could probably resolve the differences within an hour,” Cantor said.