Senate Majority Leader Harry Reid (D-NV) is not considering a two-month extension of the payroll tax cut and wants a full year continuation, a spokesman told TPM.
“We’re not talking about 60 days,” the Reid spokesman said. “Plan A is a year, Plan B is a year. Reid has said he wants a yearlong extension countless times.”
Democrats have yet to detail an offsets package, but they’re reportedly developing one. House Republicans want to use the pay-fors they passed in their December payroll bill, a GOP aide tells TPM.
House Majority Leader Eric Cantor (R-VA) told reporters Monday that Reid was mulling a short-term extension. The two sides have until the end of February to agree on offsets before the tax break expires.