House Passes Extension of Payroll-Tax Cut
President Obama's veto threat didn't scare Republicans one bit.
The GOP on Tuesday bullied a bill that extends the payroll-tax cut through the House as Democrats vowed to reject the measure because of objections to the Keystone XL oil-pipeline project, which was attached to the measure.
The bill, which passed with a vote of 234-193, largely along party lines, was a win for Republicans who view the payroll-tax cut as a necessary factor in the never-ending quest for job creation.
So what would this bill eliminate and add?
The bill subtracts $20 billion in projected spending from President Obama's health care law, blocks air-pollution rules for industrial boilers and incinerators, and freezes federal-employee pay through 2013. For the unemployed, an extension of the time they have to apply for federal jobless benefits was granted, but those who are unemployed more than 59 weeks will no longer receive benefits after that time period. The previous limit was 99 weeks; this was one of the sharpest decreases in the bill.
In addition, under the new law, states will be allowed to drug-test applicants for jobless benefits. And those who receive unemployment benefits will have to pursue work or a degree if they don't have a high school diploma.
All eyes are now on the Senate, which has already shot down payroll-tax measures from both sides of the aisle twice this month.
Read more at the New York Times.
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