Legislative lawyers are looking to make last-minute technical corrections to the payroll tax compromise, with hopes to bring the measure to a vote this week.
A compromise on employee contributions to federal pension programs is the issue that?s currently stumping aides combing through the bill. After that?s done, leaders in both chambers expect to bring the measure up for a vote as soon as Friday.
Continue Reading?First we?ve gotta get the bill filed, there?s a technical issue, a drafting issue that trying to be resolved, but we?re working with members on both sides of the aisle to talk about how best to move forward,? Speaker John Boehner (R-Ohio) said Thursday morning in the Capitol.
It?s not surprising that the legislation needs a final look. Senate Finance Chairman Max Baucus (D-Mont.) and House Ways and Means Chairman Dave Camp (R-Mich.) agreed on the final contours of the agreement early Thursday morning after a marathon day of negotiations.
The compromise, which Camp and Baucus say will garner the majority of members on the bi-partisan negotiating committee, will extend the payroll tax holiday until the end of 2012, without offsetting budget cuts. The pact will also extend unemployment benefits and forestall a rate cut to Medicare doctors until the end of the year.
House Minority Leader Nancy Pelosi (D-Calif.) said she wants the legislation brought up as soon as possible, signaling she would not make hay of Republicans breaking their pledge to give the public three days notice before voting on legislation.
The pension agreement was a concession to Sen. Ben Cardin (D-Md.), Rep. Chris Van Hollen (D-Md.) and Minority Whip Steny Hoyer (D-Md.). They opposed a provision that increased pension copays for federal workers. The conferees decided that only newly-hired employees would have to pay more.
That appears to be enough. In a sign that the deal is nearing completion, Cardin and Van Hollen announced that they oppose the provision but would not jam up the process.
?We want this process to move forward,? Cardin and Van Hollen said in a statement. ?We will not let others find excuses to extend the gridlock.?
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