Saturday, December 24, 2011

House GOP agrees to 2-month extension of payroll tax cut

Facing withering criticism from across the political spectrum and abandoned by Senate allies, House Republicans bowed to political reality Thursday and agreed to a two-month extension of a payroll tax cut for 160 million Americans.

The agreement represented a remarkable capitulation on the part of House Republicans, who had two days earlier rejected such a deal with Democrats as the kind of half-measure that their new majority was elected to thwart.

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Source: http://feeds.washingtonpost.com/click.phdo?i=0b7c22388eaeadaa3c3628f3f231c884

John Kerry Harry Reid Barbara Boxer Dianne Feinstein Orrin Hatch

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