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Judi Lynn

(160,525 posts)
Fri Jan 13, 2012, 05:14 AM Jan 2012

Tea Party may get rebuffed in tax cut showdown

Tea Party may get rebuffed in tax cut showdown
By Richard Cowan and Thomas Ferraro | Reuters – 2 hrs 59 mins ago

WASHINGTON (Reuters) - House Speaker John Boehner, hoping to spare fellow Republicans a second embarrassing defeat over payroll tax cuts, is prepared to navigate around rebellious Tea Party-aligned lawmakers to get a deal, according to congressional aides.

Republicans in the House of Representatives got a public drubbing from critics within and outside the party in December for initially refusing to approve a Senate plan to extend the tax break for 160 million Americans through February.

The party of lower taxes was left on the defensive, countering a barrage of criticism that its unwillingness to compromise threatened an effective tax hike on workers, potentially damaging the fragile economic recovery.

Now, with Democratic and Republican negotiators preparing for a new round of talks in the coming days to extend the payroll tax cut for the rest of the year, Republican leaders are anxious to move quickly to get a deal, aides said.

More:
http://news.yahoo.com/tea-party-may-rebuffed-tax-cut-showdown-060351009.html

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