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Obama Signs Payroll-Tax Cut

AGREEMENT

Boehner demanded House GOP vote for deal.

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Evan Vucci / AP Photo

President Obama signed the payroll-tax cut deal Friday after both Houses of Congress apprved it in the morning. The two-month extension will keep the $20 a week savings for the average worker making $50,000 a month while Congress negoitates a longer-term solution. Apparently there was no Braveheart rallying speech for "This is good news just in the nick of time," President Obama said before departing Washington for Hawaii. House Speaker John Boehner on Thursday night when he told fellow Republicans that the game was up and they'd have to pass the two-month payroll-tax cut extension. In a conference call, he demanded his members pass the extension and permitted no comments. “Speaker’s decision,” said Rep. Jeb Hensarling when introducing Boehner on the call.

Read it at CNN