Cut

Obama says will push ahead on US payroll tax cut

Reuters News
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Posted: Dec 02, 2011 11:53 AM
Obama says will push ahead on US payroll tax cut

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.