Thursday, December 22, 2011
Son of a bitch! The Orange Boner blinked
And Harry Reid gets a Christmas present from the Republican/Teabaggers. They have caved on approving the two month extension in return for working on a year long extension later.
As Senate Minority Leader Mitch McConnell (R-KY) suggested Thursday morning, it will involve House Republicans passing a temporary extension of the payroll tax cut (and unemployment insurance and reimbursement rates for Medicare physicians) in exchange for Senate Dems agreeing to a formal conference committee to work out a year-long extension of all items.Far from perfect but at least it is not a major cave in by the Democrats. And all because the Boner pissed off Mitch the Chin.
The temporary extension won’t be identical to the one Senate Dems passed. It will differ in very minor technical ways. House Republicans have already rejected the bipartisan Senate compromise bill, so they’ll have to draw up essentially the same bill from scratch, pass it in the House and then have the Senate readopt it by unanimous consent.
In exchange, Senate Majority Leader Harry Reid (D-NV) will agree to a formal conference committee. The House will bring its partisan, one-year extenders bill to the table (complete with policy riders and pay-fors that cut programs like Medicare) and the Senate will bring the bipartisan legislation that passed overwhelmingly on Saturday.
Subscribe to Posts [Atom]
Post a Comment