Americans are tired of Washington’s short-term fixes and gimmicks, which are piling uncertainty on job creators at a time when millions are already out of work. Democrats and Republicans agree the payroll tax cut needs to be extended for a full year to provide relief for Americans struggling in President Obama's economy. Speaker Boehner, who used to run a small business in the private sector, where he met a payroll, and hired workers, reiterated this morning that a mere two-month extension of the payroll tax cut creates further uncertainty:
- “Boehner Builds Case for Longer Tax Cut Extension. A two-month extension, by contrast, ‘causes uncertainty for job creators,’ he said. That will dilute its economic impact. ‘The idea that tax policy can be done two months at a time is the kind of activity that we see here in Washington that has really put our economy off its tracks,” Boehner said.” (Portfolio.com, 12/19/11)
- “House Speaker John Boehner (R-Ohio) said Monday morning that the House is poised to defeat a Senate-passed bill to extend the payroll tax cut for two months and instead will send the bill to a bicameral conference committee, because, Boehner said, the Senate bill “creates uncertainty” for the U.S. economy.” (The Washington Post, 12/19/11)
- “The House intends to vote down a two-month extension of the payroll tax cut that cleared the Senate late last week, Speaker John Boehner said Monday, and request immediate negotiations on a full-year renewal that can provide ‘certainty for people who are trying to create jobs.’” (Associated Press, 12/19/11)
- “A two-month extension ‘causes uncertainty for job creators,’ Boehner told reporters, adding that House and Senate lawmakers should sit down and ‘do our work.’” (USA TODAY, 12/19/11)
- “House Speaker John A. Boehner said Monday the House will insist on a full-year extension of the payroll tax cut… He said that doing tax cuts in two-month increments doesn’t give the economy certainty.” (The Washington Times, 12/19/11)
- “Boehner repeated that he believes the two-month deal ‘creates uncertainty for job creators.’ ‘Americans are tired of Washington's short-term fixes and gimmicks,’ he said.” (Los Angeles Times, 12/19/11)
- “Boehner said on NBC's ‘Meet the Press’ on Sunday that a two-month extension would create uncertainty for workers and employers at a critical time for the economy.” (Reuters, 12/19/11)
Tonight the House is expected to officially decline the Senate proposal and instead vote to formally move to a conference committee – the formal process in which the House & Senate can resolve differences between two bills. At the same time, the House is set to take up a measure that reinforces the need to extend the payroll tax relief for one year to provide certainty to job creators.
Vacation can wait, but the American people can’t. That’s been the president’s message throughout the fall. He should live up to his words and make sure Congress fulfills his request for a full-year extension of payroll tax relief. The bare minimum is no match for an economy crying out for long-term certainty. We can and must do better.