THE HILL
 
comment Print

Obama on payroll tax: Here they go again

By Jamie Klatell - 02/11/12 08:43 AM ET

President Obama warned Saturday that Congress needs to avoid another political stalemate over extending the payroll tax holiday.

A short-term extension extending the payroll tax holiday, emergency unemployment benefits and a hike in Medicare doctor payments was passed in December after a tense political battle, which ended when House Republicans caved. That extension expires March 1, and Republicans and Democrats have not yet agreed to a year-long extension.

"Now, if this sounds familiar, it’s because we’ve been here before; back in December, Congress faced this exact same predicament," Obama said in his weekly address. "We can’t go through that again."

The congressional battle lines over the extension are similar to the last fight. Republicans say that Democrats have not come up with a good way to offset the cost of the tax breaks, and Democrats accuse Republicans of drawing out the battle to hurt the president.

Obama said in his address that he wanted "no drama" over the payroll tax.

"Now is not the time for self-inflicted wounds to our recovery," he said. "Now is the time for common-sense action. And this tax cut is common-sense."

The president, as he as done on multiple occasions in the last year, urged Americans to contact their representatives in Congress to help push through an agreement.

"I hope you’ll pick up the phone, send a tweet, write an email, and tell your representative that they should get this done before it gets too late," he said. "Tell them not to manufacture another needless standoff or crisis."



Source:
http://thehill.com/video/administration/210099-obama-on-payroll-tax-fight-here-they-go-again

In the News

View all »
Obama campaign hits Romney on what he 'didn't say' in TampaObama campaign hits Romney on what he 'didn't say' in Tampa Carney: 'FEMA has sufficient resources' to aid OklahomaCarney: 'FEMA has sufficient resources' to aid Oklahoma VIDEO: EU officials say trade deal must be comprehensiveVIDEO: EU officials say trade deal must be comprehensive The firestorm continues The firestorm continues
Dem: IRS 'could affect everything else'Dem: IRS 'could affect everything else' OFA launches new video series to promote immigration reformOFA launches new video series to promote immigration reform Sen. Mikulski belts out 'You are my sunshine' Sen. Mikulski belts out 'You are my sunshine' Bloomberg-backed group goes after Flake on gun controlBloomberg-backed group goes after Flake on gun control

More Administration videos

View all »
Gates defends Benghazi response, says critics have ‘cartoonish’ view of militaryGates defends Benghazi response, says critics have ‘cartoonish’ view of military Carney: 'FEMA has sufficient resources' to aid OklahomaCarney: 'FEMA has sufficient resources' to aid Oklahoma Obama pledges full federal government support to Okla. tornado victimsObama pledges full federal government support to Okla. tornado victims Axelrod: Immigration reform a ‘legacy item’ for Obama presidencyAxelrod: Immigration reform a ‘legacy item’ for Obama presidency
Obama to Morehouse grads: Use diplomas 'for something larger than yourself'Obama to Morehouse grads: Use diplomas 'for something larger than yourself' Carney: Obama out of IRS loopCarney: Obama out of IRS loop A tough two weeks for Obama A tough two weeks for Obama Obama: I ‘did not know anything’ about IRS targeting before reportsObama: I ‘did not know anything’ about IRS targeting before reports
Hilltube Twitter - Click to follow

More Videos »

More From The Web
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.