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Payroll tax cut debate: why all the fuss?

From guardian.co.uk

President Barack Obama has renewed calls for the House of Representatives to pass a two-month proposed payroll tax cut extension before it expires in the new year. "It doesn't make any sense," Obama said at a press conference. "Enough is enough." House Republicans argue that the Senate bill – negotiated in a bipartisan effort by Mitch McConnell and Harry Reid and approved with broad bipartisan support – is a short-term fix for a long-term problem. On Thursday, House speaker John Boehner stuck to his guns even while some fellow Republicans urged House lawmakers to pass the Senate bill. Millions of middle-class ... (full story)

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