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US Republicans in climbdown on payroll tax deal | US Republicans in climbdown on payroll tax deal |
(about 2 hours later) | |
House of Representatives Republican Speaker John Boehner has agreed to accept a bipartisan deal to extend a payroll tax cut, in an abrupt U-turn. | House of Representatives Republican Speaker John Boehner has agreed to accept a bipartisan deal to extend a payroll tax cut, in an abrupt U-turn. |
He had refused a vote on the bill, which was passed by Republicans and Democrats in the Senate last Saturday. | He had refused a vote on the bill, which was passed by Republicans and Democrats in the Senate last Saturday. |
Correspondents say the move amounts to a cave-in by House Republicans, and victory for President Barack Obama. | Correspondents say the move amounts to a cave-in by House Republicans, and victory for President Barack Obama. |
The tax break is due to expire on 31 December, and would hit the pay slips of some 160 million American workers. | The tax break is due to expire on 31 December, and would hit the pay slips of some 160 million American workers. |
The measure saves about $1,000 (£638) each year for an average US income. | |
Muted conference call | |
It was a rare retreat for Republicans, who since gaining control of the House in 2010's mid-term elections have wrung a string of concessions from the White House. | |
Conservatives were initially sceptical about extending the payroll tax break, which economists say would aid US economic recovery. | |
But as Republicans demurred over the $120bn (£76bn) cost of the plan, Democrats had accused them of backing tax cuts only for the wealthiest Americans. | |
Correspondents say Mr Boehner's climbdown reflects a realisation in his party that it would have faced blame for an effective tax rise on US workers in a general election year. | |
Under the compromise, House Republicans came away with face-saving language on making the package more friendly to small businesses. | |
And Senate Democrats will appoint negotiators to work out the year-long deal that was demanded by House Republicans and originally by Mr Obama. | |
Key elements of the two-month Senate bill include extending the tax cut and unemployment benefits. | |
A Republican-backed clause also remains, forcing Mr Obama to make a politically awkward decision on the controversial Keystone XL oil pipeline within 60 days. | |
The new deal is expected to be put to the Senate and House on Friday. The House plans to hold a voice vote, which requires only a few members to be present. | |
Mr Boehner told Republican rank-and-file members about Thursday's agreement in a muted conference call, where they could not ask questions. | |
A similar call last weekend prompted a revolt from Tea Party opponents of the bipartisan deal, prompting this week's political showdown. | |
"We were here fighting for the right thing," Mr Boehner told a news conference, when asked if he had caved. "It may have not been politically the smartest thing to do." | |
Republican divisions exposed | |
President Obama, who with his Democratic allies has kept up relentless pressure on Republicans this week, welcomed the breakthrough. | |
"This is good news, just in time for the holidays," he said in a written statement. "This is the right thing to do to strengthen our families, grow our economy and create new jobs." | "This is good news, just in time for the holidays," he said in a written statement. "This is the right thing to do to strengthen our families, grow our economy and create new jobs." |
Earlier in the day, the president read out messages at a news conference from voters who said the package would help them pay their heating bills, visit elderly relatives and treat their families to pizza dinners. | Earlier in the day, the president read out messages at a news conference from voters who said the package would help them pay their heating bills, visit elderly relatives and treat their families to pizza dinners. |
Mr Obama has postponed a family vacation in Hawaii due to the impasse. | |
Unlike other budget stand-offs this year, this one has exposed Republican divisions. | Unlike other budget stand-offs this year, this one has exposed Republican divisions. |
"An 'all or nothing' attitude is not what my constituents need now," Representative Rick Crawford, from Arkansas, wrote to Mr Boehner on Thursday. | |
The lawmaker's letter came two days after he published a statement against the two-month extension. | |
Also on Thursday, Senate Republican Minority Leader Mitch McConnell broke his silence on the issue to urge his House colleagues to pass the measure. | |
Other Republican senators have spoken out this week against their counterparts, too. | |
The Wall Street Journal's conservative editorial on Wednesday labelled the episode a "fiasco" that could end up re-electing Mr Obama. | |
The president's approval ratings have risen in several recent polls to nearly 50%, up from the low 40s in previous months. | |