Obama urges Congress to extend payroll tax cut
December 5th, 2011
02:16 PM ET
2 years ago

Obama urges Congress to extend payroll tax cut

(CNN) - President Barack Obama on Monday said extending the payroll tax cut set to expire at the end of the year will help the nation's economic recovery.

"Our recovery is still fragile, and the situation in Europe has added to that uncertainty," Obama told reporters at the White House.

"Keep your word to the American people and don't raise taxes now," Obama said in what he called a message to Congress.

Obama also urged Congress to extend unemployment benefits set to expire at the end of the year, saying too many people remain out of work to deny them money that helps their families get by.


Filed under: President Obama • Taxes
soundoff (27 Responses)
  1. Hammerer

    No mention of the $15+ trillion debt.
    No mention of the housing bust.
    No mention of the millions unemlpoyed or underemployed.
    No mention of guns to Mexican drug cartels.
    No mention of money launrdering for the Mexican drug cartels.
    Just more class warfare. Right out of the rules for radicals. Divide and conquer.

    December 5, 2011 04:06 pm at 4:06 pm |
  2. Lynda/Minnesota

    Still waiting for all those Jobs! Jobs! Jobs! Boehner and Company promised. Considering that taxes are the lowest they've been for years, kinda have to wonder what the rich job "creators" are doing with all the savings they've been seeing on their taxes these past 10 years now. Certainly haven't been "creating" jobs, that's for sure.

    As for me, raise my taxes if you will, GOPers. I'm now officially on record as stating it won't be helping me create any jobs in the near future whether you do or don't raise mine. Or the other hundreds of millions of us who will be most affected should our rates raise. It will probably make us extremely upset though, that you folks keeps raising ours while giving every lame excuse in the book for not raising taxes on the wealthiest among us. Raising our taxes will no doubt also lower consumer demand even more than it already is ... just saying.

    December 5, 2011 04:10 pm at 4:10 pm |
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