GOP: Offsetting cuts must cover payroll tax relief
Published 11/30/2011, Associated Press
White House: Payroll cuts benefited 400,000 North Dakotans, 3.1 million Minnesotans in 2011
Any extension of this year’s payroll tax cut must be paid for with savings from elsewhere in the budget, House Speaker John Boehner said Wednesday. Boehner’s comment meant that House and Senate Republicans are united in demanding that any eventual measure, which could cost over $100 billion, not add to the federal deficit. It also suggested that President Barack Obama and Congress would have to find mutually acceptable savings before any extension could become law. The current tax cut expires Jan. 1.