Sunday, December 4, 2011

Obama says will push ahead on payroll tax cut (Reuters)

WASHINGTON (Reuters) ? President Barack Obama vowed on Friday to push ahead with efforts to pass a payroll tax-cut extension, even if the negotiations disrupt holiday plans for lawmakers and himself.

After a government report showed the U.S. jobless rate dropped to a 2-1/2-year low of 8.6 percent in November, Obama said it was crucial to keep the growth going.

(Reporting by Caren Bohan, Matt Spetalnick and Jeff Mason; Editing by Vicki Allen)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20111202/pl_nm/us_usa_economy_obama

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