Murkowski Discusses Payroll Tax Cuts

Senate passed, but House rejected plan

By Kate McPherson

Story Created: Dec 21, 2011 at 9:24 AM AKDT

Story Updated: Dec 21, 2011 at 9:24 AM AKDT

In Washington, the Republican-controlled House rejected the Democrat-led Senate’s proposed two-month extension of payroll tax cuts.

Back in Anchorage Tuesday, Senator Lisa Murkowski said if no agreement is reached before the end of the calendar year, the average American will see a tax increase of around $1,000.

Senator Murkowski said the two-month extension presented to the House is a reasonable compromise and would provide breathing room until a long-term solution is found.

“But it remains uncertain at this point how we will reconcile it, so five days before Christmas I think it’s fair to say that it is yet unsettled,” Murkowski said. “It may be a showdown between the House and Senate; it may be a meltdown – I’m not certain at this point in time.”

Senator Murkowski said Senate Majority Leader Harry Reid does not have plans to call the Senate back.

Murkowski said it was a difficult end to the session, with the House voting 229 to 193 to request negotiations with the Senate on renewing the payroll tax cuts for a year.

 

You have indicated this comment should be removed.

Close

The comment has been submitted for review. Thank you .

Horse Hockey said on Wednesday, Dec 21 at 6:58 PM

Breathing room? Stop playing games, stop messing with our money, stop wasting our money. Fire the lot of them every election.

78805407
Inappropriate? Alert Us!

Add a comment

Name:

Comment: 1000 Characters Left

KTVA CBS 11 | Anchorage, Alaska News and Weather and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.
Stay Up-to-Date
with CBS 11 News Facebook Twitter RSS Feed X