U.S. Congressman Mike Pence voted today to reaffirm his support for a year-long extension of the current payroll tax holiday and for the House and Senate to follow normal congressional procedures in negotiating final payroll tax legislation before the end of the year. Pence's statement follows:
"A week ago the House passed a bill extending the current payroll tax rates in a fiscally responsible manner for a full year. Also included in the House bill were measures to create jobs by requiring an expedited decision by the president on the Keystone XL pipeline, extending and reforming the unemployment insurance program, preventing costly EPA regulations on industrial boilers, and extending 100 percent bonus depreciation.
"This weekend the Senate amended the House bill, and while the Senate's amendment does include an important provision on the Keystone XL pipeline, it only extends the payroll tax rates and other expiring provisions for two months.
"For more than 200 years, when substantial differences existed between the two houses of Congress, conference committees have been used to settle those differences. For that reason, today I voted to send this bill to conference so we can iron out our differences with the Senate. I urge all of my colleagues to act in good faith to find a way to extend the payroll tax holiday for a full year and enact other vital job-creating measures."