Boehner: House leaders accept Senate tax terms

(AP) - House Speaker John Boehner says he has reached agreement with the Senate to renew the payroll tax cut before it expires Dec. 31.

WASHINGTON - (AP) - House Speaker John Boehner says he has reached agreement with the Senate to renew the payroll tax cut before it expires Dec. 31. The Ohio Republican said in a statement Thursday that he expects to pass a new bill by Christmas that would renew the tax break for two months while congressional negotiators work out a longer-term measure that would also extend jobless benefits for millions of Americans and prevent doctors from absorbing a big cut in Medicare payments. The GOP retreat ends a tense standoff in which Boehner's House Republicans came under intense pressure to agree to the short-term extension.

advertisement | advertise on News 12

Trending Video

1 Bronx Sportscast, Dec. 6
2 VIDEO: Suspect in Sheridan Avenue murder escorted by police
3 VIDEO: 2 men rob Bronx deli workers at gunpoint
Word on the Street: Amazon Go's checkout-free grocery 4 Word on the Street: Amazon Go's checkout-free grocery store
A thief swiped a cash register from a 5 Sources: Thief stole cash register, then cab as getaway car

advertisement | advertise on News 12

Features

Furry Friends is a weekly segment on News Furry Friends

Furry Friends is a weekly segment on News 12 The Bronx nightside.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE