Hoyer Discusses Middle Class Tax Cuts on CNBC's "Squawk Box"

"What Leader Cantor has done and what the Republican party in the House of Representatives have done is once more snatched delay and defeat from the jaws of victory. The Senate passed a bill which would give 98% of Americans assurance that they would have no tax increase January 1. The Republicans have now deep-sixed that, unfortunately. They know full well that the bill they passed yesterday will not pass the Senate."