December 22, 2011

Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com:

GOP ready to cave on payroll tax

House Republican leaders are discussing a plan to end the standoff over the president's payroll tax cut by sending a tweaked version back to the Senate that agrees to a two-month extension, according to GOP aides. The proposal would also include language designed to accelerate negotiations for a full-year deal in January, these sources said. House Republican leaders were scheduled to talk with their rank-and-file colleagues on a 5 p.m. conference call.