Senate Looks to Pass Payroll Tax Cut

Monday, November 28, 2011

The "super committee" has failed. Obama is pushing his Jobs Act. Congress is coming back from a week-long Thanksgiving holiday still looking for ways to stimulate the economy and score political points for 2012. And up this week in the Senate — your taxes. Democrats are looking for a way to extend the payroll tax cut while Republicans are opposing this proposal.

Speaking on Fox News Sen. Jon Kyl said that he did not believe the "tax holiday" would stimulate job creation.

Todd Zwillich, Takeaway Washington correspondent, tells us more.


Comments [1]


Why not pass the payroll tax cut along with raising the debt ceiling and taxes last holiday season when the Democrats controlled Congress when it would have swiftly passed?

The Democrats had time to almost quadruple the deficit but provided no budget or plan on how to pay for it.

Nov. 28 2011 09:40 AM

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