Thursday, December 1, 2011

Tax cut extension would help economy - Boehner

The top U.S. Republican in Congress, in an abrupt shift, agreed with President Barack Obama on Thursday that extending a popular payroll tax cut would boost the struggling U.S. economy.

"I don't think there is any question that the payroll tax relief, in fact, helps the economy, in allowing more Americans ... to keep more of their money," said John Boehner, Speaker of the House of Representatives.

Boehner's comments were in sharp contrast to what members of his party were saying just days ago. Some Republican lawmakers are skeptical that extending the tax cut beyond this year will help job creation and say it will have only a temporary effect on the economy.

http://news.yahoo.com/boehner-says-tax-cut-extension-help-u-economy-184708409.html

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