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House Leaders Accept Senate Tax Terms

Hannah Madans |
December 22, 2011 | 2:06 p.m. PST

Associate News Editor

Senate Minority Leader Mitch McConnell (Photo courtesy Creative Commons)
Senate Minority Leader Mitch McConnell (Photo courtesy Creative Commons)
House Republican leaders agreed to a two-month extension of a Social Security payroll tax cut and federal unemployment benefits, GOP aides told the Associated Press.

This would also renew jobless benefits for almost 2 million people who are without jobs for more than six months. It would also spare doctors from cuts in Medicare payments.

House Republicans disagreed with the Senate bill earlier this week and GOP leaders had insisted, even Thursday morning, that the Senate begin talks on a one-year measure passed by the House, according to the AP. The Senate passed a two-month extension Saturday.

The decision by House Republican leaders to agree to a two-month extension came after Senate Minority Leader Mitch McConnell of Kentucky, the top Republican in the Senate, urged the House to accept a new short-term measure, according to the AP.

 

Reach associate news editor Hannah Madans here.

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