Congress approves payroll tax cut, Keystone deadline
After the speaker of the U. S. House of Representatives reversed himself and called for a vote on extending cuts to payroll taxes and extending unemployment insurance, a two-month compromise passed this morning.
Before the vote — on an issue both sides of the aisle and both houses of Congress said they wanted — finger pointing continued over the issue, with both sides blaming the other for the rocky road to success.
Both the House and Senate passed the bill within minutes of each other.
The proposal is a rewrite of a bipartisan compromise that passed the Senate 89-10 Saturday. It inc...