Sen. Jon Kyl (R-Ariz.) said Wednesday that President Obama must reach a deal on extending the Bush tax cuts by Monday if a nuclear arms treaty has a chance of passing the Senate by the end of the year.
“The deal on taxes has to be done very early next week, prescription like Monday,” Kyl said.
Kyl said if negotiators don’t reach a deal on the Bush taxes within a week “then you’re not going to have time to do START,” making a reference to the pending Strategic Arms Reduction Treaty with Russia. The Senate must ratify it with a two-thirds vote of the chamber.
The emerging conventional wisdom has been that Senate Republicans would agree to ratify START if Obama and Democratic leaders agreed to a temporary extension of the 2001 and 2003 tax cuts.
This legislative horse trade might not be possible because of the highly politicized debate surrounding the tax rates and the little time left in the lame-duck session.
“If the taxes all can’t be resolved and voted on and completed and spending for the government for the next 10 months completed by, like, next Monday, I don’t know how there’s enough time to complete START,” Kyl said.
Kyl: No START Vote Until Tax Deal
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