House Passes Payroll Tax Cut Extension

Measure heads to Obama for his signature
By Kate Seamons,  Newser Staff
Posted Dec 23, 2011 9:24 AM CST
President Barack Obama speaks during a news conference in the South Court Auditorium at the White House Thursday.   (Carolyn Kaster)
camera-icon View 2 more images

(Newser) – Americans will have something additional to toast to on New Year's Eve: The first day of 2012 will begin with the payroll tax cut firmly—albeit temporarily—in place. The House today green-lighted a two-month renewal of the cut and unemployment benefits, passing it by a voice vote in a nearly empty House chamber. The AP reports that there was some lingering grumbling from Tea Party Republicans. Negotiations are set to begin early next year on how to cover the costs of a full year extension. (Read more House of Representatives stories.)

My Take on This Story
Show results  |