Senate Democrats on Monday offered a new proposal to extend the payroll tax cut before it expires at the end of the year. Last week, Senate Republicans blocked progress on a Democratic plan that would assess a surtax of 3.25% on income over $1 million. The new proposal sponsored by Sen. Bob Casey, D-Pennsylvania, contains a reduced version of that tax provision, down to 1.9%, and calls for it to expire after 10 years. President Obama urged lawmakers to find common ground before time runs out.
Today on American Morning, Sen. Casey explains to Alina Co why Republicans need to get on board with his latest payroll tax cut plan.