The office of House Ways & Means Committee Chairman Dave Camp (MI), the GOP’s lead negotiator in conference committee, sent TPM this statement following news Monday that House Republican leaders were set to introduce a bill extending the payroll tax cut without offsets.
Says Camp:
“I have spoken with my fellow House Republican conferees and we are committed to resolving the differences between the House and Senate. While we will continue our negotiations in good faith and remain hopeful that a deal will come together, we also recognize that the clock is ticking. As such, I fully support and think it is prudent for our leadership to take whatever action is necessary to ensure American workers are not hit with a tax increase on March 1.”
Even if the backup plan passes, the conference negotiators would still have to work out how to offset extensions of unemployment insurance and Medicare physician reimbursement rates, which expire at the end of February.
