Payroll-Tax Cut Showdown Nears

Republicans in House ready to vote to reject bipartisan Senate plan.

The U.S. House of Representatives lurched toward a showdown over an expiring payroll tax cut, escalating a legislative fight that may result in smaller paychecks in January for 160 million workers.

The Republican-controlled House is scheduled to vote today to reject a bipartisan Senate plan that would extend the expiring tax cut and other provisions for two months. House leaders said the stopgap measure was unworkable and doesn’t provide enough certainty for businesses. Democrats said Republicans were bowing to Tea Party resistance.

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