U.S. Senator Bob Corker, R-Tenn., reiterated his call for the Senate to return and resolve a dispute with the House over legislation to extend various expiring provisions, including the payroll tax holiday. The House of Representatives, having passed a one-year extension of the payroll tax cut, opposed the Senate’s two-month extension yesterday and has called for a conference committee with the Senate to work out differences between the two bills. Senator Corker voted against the Senate bill on Saturday.
“As I said yesterday, the Senate should come back into session and take both bills to conference to produce better legislation that reflects the will of the House and Senate. While I continue to believe a payroll tax holiday is poor public policy, since we all know this is going to happen in some form or fashion, let’s get this resolved now and move on to measures that give clarity and predictability for the long term like tackling tax reform which eliminates loopholes, lowers rates and broadens the base, reforming our entitlement programs so they are here for the long term and finally having the discipline to deal with our country’s out of control deficit,” said Corker.