Obama signs payroll tax agreement into law
February 22nd, 2012
10:03 PM ET
2 years ago

Obama signs payroll tax agreement into law

Washington (CNN) - President Barack Obama on Wednesday signed into law the agreement passed by Congress last week to extend the payroll tax cut and unemployment benefits while preventing a cut in payments to Medicare doctors.

The signing announced in a White House statement that resolves those issues for the rest of 2012, beyond the November election in which Obama will seek a second term.

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Filed under: President Obama • Taxes
soundoff (4 Responses)
  1. Texas

    Thank you Second Term President Obama!

    February 22, 2012 10:37 pm at 10:37 pm |
  2. Prbeke

    Go Mr President. You are the best

    February 22, 2012 11:11 pm at 11:11 pm |
  3. J.V.Hodgson

    The first to raid social security fund were the Republicans. Second Obama did not propose this as unpaid increasing debt as some bloggers say or imply This tax cut and other actions should have been passed per the AJA of which this was part. AJA got voted down by Republicans because it was debt neutral GDP growth positive and reduced unemploymen by over 1m .
    Couldn't have that in an election year could we?!?!
    Regards,
    Hodgson.

    February 22, 2012 11:18 pm at 11:18 pm |
  4. DENNA

    Thank God Barack Obama is the president instead of John McCain. If McCain had won, middle class americans would have had no one to fight for them. Obama/Biden 2012!

    February 22, 2012 11:33 pm at 11:33 pm |