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Monday
Dec052011

GOP Senator Says Payroll Tax Cut Extension Will Pass

Steve Cole/Getty Images(WASHINGTON) -- Despite disagreement in Congress over how to pay for extending payroll tax cuts, a Senate Republican said on Sunday that he expects the extension sought by President Obama to pass before they expire for most Americans at the end of the month.

Sen. Tom Coburn, R-Okla., told Fox News Sunday that “probably” both the tax cuts and an extension of unemployment benefits will go through.

“The question the American people ought to ask is where is the backbone in Washington to actually pay for these extensions in the year the money’s spent,” he said.

Democrats have not proposed a realistic way to pay for the payroll tax cuts, said Coburn, who opposes an increase in taxes to pay for it.

“Whether or not we continue a reduction in the amount of taxes that come to Social Security, that’s one thing, paying for it -- we have so much waste in Washington to take 10 years to pay for it is ridiculous,” he said.

On Monday, Senate Majority Leader Harry Reid will propose a compromise plan to extend the payroll tax.

Sen. Kent Conrad, D-N.D., also appearing on Fox News Sunday, said Reid called him about it Saturday night.

“It’ll be paid for.  It will be paid for in a way that’s credible and serious.  It will represent a compromise from what was voted on last week.  It’s a serious attempt to move this ball forward,” Conrad said.

Conrad said extending the payroll tax cuts is necessary to keep the economic recovery moving.

If the payroll tax cut is not extended, middle-class families will see their taxes go up by $1,000, President Obama said in his weekly address.

Copyright 2011 ABC News Radio

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