Obama presses for payroll tax cut

U.S. President Barack Obama on Tuesday urged Congress to approve the extension of payroll tax cut and the jobless benefits for the long-term unemployed to sustain economic recovery.

Thursday, February 16, 2012

U.S. President Barack Obama on Tuesday urged Congress to approve the extension of payroll tax cut and the jobless benefits for the long-term unemployed to sustain economic recovery.In a White House press conference held one day after the administration unveiled its 3.8-trillion-dollar budget for the 2013 fiscal year, Obama called on Congress to swiftly approve the payroll tax cut and jobless benefits for the long-term unemployed for the remainder of this year.The two chambers of Congress in December passed a two-month payroll tax and jobless benefits extension bill after a week-long partisan deadlock.