Congressman: Senate’s 60-day payroll tax cut creates ‘tremendous uncertainty’ [VIDEO]

Nicholas Ballasy Senior Video Reporter
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Oklahoma Republican Rep. James Lankford told The Daily Caller that the Senate’s two-month payroll tax cut extension would create “tremendous [economic] uncertainty” if signed into law by President Barack Obama. Lankford supports a one-year extension, which the House passed last week.

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“The reality is, we’ve got to look at what they’ve [the Senate] sent over and say, ‘do we feel like this is right?’ And we don’t feel like it’s right,” Lankford told TheDC on Capitol Hill.

“I don’t think anyone would come up and say, ‘you know how we should do tax policy? Let’s do tax policy 60 days at a time.’ I think that just creates tremendous uncertainty and so we’ve just got to resolve that. I think this is the wrong way to do it, and I don’t think waiting until February makes it better. Let’s do it.”

As of press time, the House has rejected the two-month arrangement and demanded negotiations with the Senate.

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