Texas Insider Report: WASHINGTON, D.C. —
To end the politically damaging impasse over a payroll tax holiday, House Republican leaders agreed Thursdayafternoon to accept a temporary extension of the tax cut.
“I don’t care about my re-election effort. I came here to do what’s right for America.”
— Congressman Tom Reed of New York, a conferee appointed by House Speaker John Boehner to negotiate a deal.
“House Republicans, sensibly, want greater certainty about the duration of these provisions, while Senate Democrats want more time to negotiate the terms. We can and should do both. Working Americans have suffered enough from the president’s failed economic policies and shouldn’t face the uncertainty of a New Year’s Day tax hike.”
— Senate Minority Leader Mitch McConnell.
“We are now in a position that requires all options to be on the table. That requires Republicans to not only demand a willingness to compromise, but to offer it as well. More often than not an ‘all or nothing’ attitude produces nothing.”
— Cong. Rick Crawford (R-AR) in a Thursday letter to Mr. Boehner, after proclaiming Tuesday he would vote against the extension Senate bill.
The push to find a resolution was touched off Thursday by Senator Mitch McConnell of Kentucky, the Republican leader, who had … Continue Reading.