Palazzo Statement on Payroll Tax Cut
WASHINGTON, D.C. – Congressman Steven Palazzo (R-MS), Assistant Republican Whip, today issued the following statement this evening regarding the extension of the payroll tax cut:
“Last week I was proud to support and help pass a reasonable, bipartisan jobs bill that will provide a full year of tax certainty the American people deserve. It kept long-term unemployment benefits in place with reforms while allowing states to drug test applicants, and put the job creating Keystone pipeline back on track. In addition, the bill included amendments I introduced that reauthorize, reform and strengthen the National Flood Insurance Program (NFIP).
“So what did the Senate do? They punted, proposing a two-month extension of the payroll tax and unemployment payments without spending cuts or reforms. Then the body that hasn’t even passed a budget in almost 1,000 days promptly left for vacation. We can’t keep kicking the can down the road. The time is now. House Republicans agree with President Obama that Congress should not go home for vacation until it finds a way to avoid hitting 160 million Americans with a tax hike on January 1st.
“Sixty days is not enough. The payroll tax holiday can’t be properly implemented in such a short period of time and will only create more confusion and uncertainty. Families and businesses don’t plan just two months at a time, and neither should Congress. I am willing to stay in Washington and keep working until this is settled for next year. The Senate should leave their vacation and come back to work.”