Obama Talks To Reporters About The Payroll Tax Cut - Spokane, North Idaho News & Weather KHQ.com

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KHQ.COM - President Barack Obama has told House Speaker John Boehner he is committed to starting work immediately on a full-year extension of payroll tax cuts if the House passes a short-term compromise. Boehner called Obama this morning. The White House says Obama told the speaker that the only viable option for preventing the tax cuts from expiring at the end of the year is for the House to pass a two-month extension. The Senate overwhelmingly approved the two-month extension last week. But the House has refused, saying it preferred a full one-year extension. Senate Republican leader Mitch McConnell is urging the House to pass a short-term renewal. Obama will go in front of reporters at the White House at 10:00 am to talk about the issue. Click the red box to watch it.
   

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