elieve that a permanent extension of the existing law is the best policy, Steny Hoyer, the chamber's majority leader, told reporters.Special: Get Sarah Palin???s New Book ??? Incredible FREE Offer -- Click Here Now.Preserving the current rates will be harder in the U.S. Senate, because that body's rules require a way to pay for it.A 10-year extension of the tax would cost an estimated $234 billio