Friday, December 23, 2011

Payroll tax bill passes

 

John Boehner and Harry Reid are pictured. | AP Photos

Congress on Friday easily approved a two-month extension of the payroll tax break and renewed several other provisions dealing with unemployment and Medicare, capping a wild week in which lawmakers engaged in one final nasty legislative fight before an annoyed American public.

The end was quick and painless for House Republicans, who capitulated to President Barack Obama and congressional Democrats after taking Capitol Hill to the precipice of a pre-Christmas crisis that threatened to raise taxes on 160 million Americans on Jan. 1.

Read more: http://www.politico.com/news/stories/1211/70810.html#ixzz1hOolaufF

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