Update (12:40 p.m. EST): McConnell has broken with his fellow Republicans, offering a compromise on the payroll tax that would extend it into next year. The Senate Minority Leader said the House should approve the two-month extension of the tax that it had previously rejected, and that Senate Democrats should form a negotiating committee to come to a long-term agreement, The New York Times reports. "In suggesting that Senator Harry Reid, the majority leader from Nevada, name members of a House-Senate conference committee first proposed by House Speaker John A. Boehner of Ohio, Mr. McConnell was trying to find House Republicans a face-saving way to go ahead with a vote for an extension but still claim they won some concessions from Democrats and the White House," Times reporter Jennifer Steinhauer wrote
Original: House Republicans want to work out a compromise with President Barack Obama about extending the payroll tax break, but they can't just offer to do so without a bit of snark. In a press conference Thursday morning, House Majority Leader Eric Cantor said Republicans could work out a deal with President Barack Obama in about an hour to extend the middle-class tax break for another year, tweets CBS producer Jill Jackson. But Cantor couldn't resist a jab at the president that just makes the Republican offer to compromise seem, well, not all that sincere. Real Clear Politics has some video and this quote:
"I saw the president out yesterday doing his Christmas shopping. I saw he brought his dog with him. You know, we're here. He could bring his dog up here. We are pet friendly. You know, again, it will not take a long time," Cantor said. "We could probably resolve the differences within an hour."
Meanwhile, Republicans in the Senate (which passed a two-month extension of the payroll tax cut already) are putting pressure on the house to get this done. Senate Minority Leader Mitch McConnell issued a statement Thursday saying, "there is no reason why Congress and the President cannot accomplish all of these things before the end of the year."
This article is from the archive of our partner The Wire.