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House GOP begrudgingly agrees to payroll tax cut extension

House GOP begrudgingly agrees to payroll tax cut extension

The move reflects a bowing to demands by the Senate and President Barack Obama and appears to all but assure 160 million workers aren't hit by a 2 percentage point increase in the payroll tax on Jan. 1.

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House GOP begrudgingly agrees to payroll tax cut extension

The move reflects a bowing to demands by the Senate and President Barack Obama and appears to all but assure 160 million workers aren't hit by a 2 percentage point increase in the payroll tax on Jan. 1.