WOTC and the Fiscal Cliff – Congress Sets Their Schedule
The House and Senate have published their official Christmas vacation return dates
as December 27th. Majority Leader Harry Reid said the Senate will work to deal with
important issues still left unresolved on Capitol Hill, the most important being avoiding
the fiscal cliff. As the fate of WOTC renewal is directly tied to these negotiations,
the Senate will reconvene after Christmas with the goal of heading off the consequential
spending and tax change, including expirations of the tax extenders and Bush era tax
“Things are going on here, and people need to understand that we have things to do,”
Reid said. “We want to be able to get home for a few days for Christmas, even though
we will be back on the Thursday after Christmas.”
In addition, in the wake of the failed “Plan B”, Speaker of the House John Boehner
said any deal with the president to avoid the looming “fiscal cliff” would require
more compromise by Mr. Obama.
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