Thursday, December 22, 2011

Reason #94: Stopgaps

Back in the ongoing drama over Obama's series of capital-J Jobs measures, the Senate passed its new version of the payroll tax cut, which favors lower-income employees rather than giving everyone an equal tax cut no matter how much they make, a week or so ago.

It's been held up in the Republican-controlled House all week, naturally, but today they at least were able to reach a deal to extend the current payroll tax cut two more months, so they can continue to argue about it without screwing everybody over at the end of the year. Which, unfortunately, constitutes a positive development by House standards.

Besides - kicking the can down the road worked so well with the supercommittee, right?

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