Sunday, December 18, 2011

House Republicans Boil Over Tax Package

House Republicans are in full revolt in the wake of Senate passage of a two-month payroll tax holiday package, casting serious doubt on the fate of a bill that already has President Barack Obama’s approval.

In a private conference call on Saturday afternoon, rank-and-file House Republicans complained bitterly about the contents of the deal, which would extend through February the president’s Social Security tax cut, unemployment insurance and Medicare reimbursement rates for doctors. The sweetener of a provision requiring the president to expedite consideration of the Keystone XL oil pipeline wasn’t enough to offset the bitterness of a deal that gives the president two more months to pillory Republicans on a tax cut that is one of his most popular policies.

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