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Senate stalls on vote to extend US payroll tax cut | Senate stalls on vote to extend US payroll tax cut |
(about 2 hours later) | |
Senate Republicans are rejecting calls for a quick vote on a payroll tax cut bill that passed the House on Tuesday. | Senate Republicans are rejecting calls for a quick vote on a payroll tax cut bill that passed the House on Tuesday. |
The House bill would tie an extension of the tax break to provisions for a much-disputed oil pipeline, a clause Democrats and the White House oppose. | The House bill would tie an extension of the tax break to provisions for a much-disputed oil pipeline, a clause Democrats and the White House oppose. |
Democrats - who hold a majority in the Senate - want to vote down the bill and begin negotiations with the House. | Democrats - who hold a majority in the Senate - want to vote down the bill and begin negotiations with the House. |
But Senate Republicans say a separate financial bill must pass first, with a federal shutdown looming this weekend. | But Senate Republicans say a separate financial bill must pass first, with a federal shutdown looming this weekend. |
The Senate majority leader, Democrat Harry Reid, said the resumption of party posturing was not helping resolve the issues. | The Senate majority leader, Democrat Harry Reid, said the resumption of party posturing was not helping resolve the issues. |
"The sooner we put this useless partisan charade behind us, the sooner we can negotiate a true bipartisan solution that protects middle-class workers," Mr Reid said. | "The sooner we put this useless partisan charade behind us, the sooner we can negotiate a true bipartisan solution that protects middle-class workers," Mr Reid said. |
But Senate Minority Leader Mitch McConnell, a Republican, said: "We ought to finish our most immediate concern first," referring to the spending bill that must pass if federal agencies are to remain open beyond the end of the week. | But Senate Minority Leader Mitch McConnell, a Republican, said: "We ought to finish our most immediate concern first," referring to the spending bill that must pass if federal agencies are to remain open beyond the end of the week. |
The looming deadline is the third time in 2011 that Congress has come close to failing to approve new funds to keep the government running. | The looming deadline is the third time in 2011 that Congress has come close to failing to approve new funds to keep the government running. |
But correspondents say Republican aides have raised the possibility of a backup measure to keep government running beyond the Friday deadline. | |
Pipeline 'rider' | Pipeline 'rider' |
Failure to reach a deal extending the payroll tax cut before the end of the year would see taxes rise for about 160 million Americans, the White House has said. | Failure to reach a deal extending the payroll tax cut before the end of the year would see taxes rise for about 160 million Americans, the White House has said. |
It says a family earning $50,000 (£32,000) would pay $1,000 more in payroll taxes next year if Congress does not act. | It says a family earning $50,000 (£32,000) would pay $1,000 more in payroll taxes next year if Congress does not act. |
The deal would also extend benefits for the long-term unemployed and delay a reduction in doctors' reimbursements for Medicare. | The deal would also extend benefits for the long-term unemployed and delay a reduction in doctors' reimbursements for Medicare. |
Lawmakers are divided on how to offset the estimated $180bn cost of the measures. | |
Democrats have long argued for a tax on America's highest earners to offset the costs of extending the tax holiday, but correspondents say the party may abandon this demand to forge an eleventh-hour compromise. | |
Republicans want to see the cash recovered through spending cuts. They have also linked approval of the Keystone XL pipeline to the bill in an effort to extract a concession from the administration. | |
In November, the White House delayed approval of the project over objections from Nebraska and environmental groups. | In November, the White House delayed approval of the project over objections from Nebraska and environmental groups. |
The Obama administration has agreed to reassess the pipeline route, pushing a final decision on the project beyond the 2012 presidential elections. | The Obama administration has agreed to reassess the pipeline route, pushing a final decision on the project beyond the 2012 presidential elections. |