After suggesting House Republicans throw in the towel Wednesday morning on CNBC, Sen. Bob Corker (R-TN) is now reaffirming his original view: that though he thinks the payroll tax cut is bad policy, it’s up to Senate Dems to agree to negotiate a compromise with the lower chamber.
“As I said yesterday, the Senate should come back into session and take both bills to conference to produce better legislation that reflects the will of the House and Senate,” Corker said in a Wednesday afternoon statement. “While I continue to believe a payroll tax holiday is poor public policy, since we all know this is going to happen in some form or fashion, let’s get this resolved now and move on to measures that give clarity and predictability for the long term like tackling tax reform which eliminates loopholes, lowers rates and broadens the base, reforming our entitlement programs so they are here for the long term and finally having the discipline to deal with our country’s out of control deficit.”
