Saturday, December 17, 2011

Senate votes to extend payroll tax cut, keep government open

The Washington Post reports:
The Senate agreed Saturday to extend the payroll tax cut for two months, in a deal that would avert a New Year’s tax increase for millions of workers. The agreement, approved in an 89-to-10 vote, also would require the administration to decide quickly whether to allow construction of a controversial transcontinental oil pipeline.

President Obama had demanded that Congress extend the tax holiday, but Republicans had refused to go along unless the White House agreed to an accelerated decision on the pipeline.