NEW : The Senate blocks Democratic , Republican plans on a payroll tax cut bill . NEW : President Obama and Republicans voted for higher taxes on the middle class . House Speaker Boehner concedes the new tax cut helps the economy . CNN 's Ted Barrett , Kate Bolduan and Deirdre Walsh contributed to this report . Republicans differ with Democrats on how to pay for a five - year extension .
NEW : The Senate blocks Democratic , Republican plans on a payroll tax cut bill . NEW : President Obama and Republicans voted for higher taxes on the middle class . House Speaker Boehner concedes the new tax cut helps the economy . Republicans differ with Democrats on how to pay for a five - year extension .