President Obama signs payroll tax cut extension

[cal04]

http://www.cnn.com/2011/12/23/politics/congress-payroll-tax-cut/index.html

President Barack Obama signed a two-month extension of the payroll tax cut Friday, ending what had been a heated political stalemate and sealing a hard-fought win for Democrats on an issue -- taxes -- that has historically favored the GOP.

(snip)

"This is some good news just in the nick of time," Obama said shortly before departing the White House for Hawaii. But "we have a lot more work to do. This continues to be a make-or-break moment for the middle class in this country."

Among other things, the $33 billion bill also includes a two-month extension of emergency federal unemployment benefits and the so-called "doc fix," a delay in scheduled payment reductions to doctors who treat Medicare patients.

(snip)
Obama was also expected to sign a separate appropriations bill funding the government through September 2012, wrapping up a legislative year marked by repeated partisan brinksmanship and declining public approval of a seemingly dysfunctional Congress.

[russspeakeasy]

1. More professional wrestling coming soon.

[marasinghe]

2. yep. i wonder what the ultimate benefit will be - for us working class stiffs.

[opihimoimoi]

3. KnR Obama did well....Baggers choked to save Their ASSes Their Brand Name..not the Masses

2012...the Baggers are heading for the hills....blue gonna rule