Tags:

Obama: Not Extending Payroll Tax Would Hurt Economy

Tuesday, 22 Nov 2011 01:03 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

MANCHESTER, N.H. (Reuters) - President Barack Obama said Tuesday U.S. lawmakers would have a chance to vote again next week to extend a payroll tax cut which, he said, would hurt the economy and employment if it were not extended into 2012.

"In the spirit of Thanksgiving, we are going to give them another chance," Obama said, referring to lawmakers in Congress and Thursday's U.S. Thanksgiving holiday.

"Next week they are going to get to take a simple vote. If they vote no again the typical family's taxes will go up $1,000 next year."

Obama made his pitch in New Hampshire, where his potential Republican presidential rivals in the 2012 presidential election are campaigning ahead of a party primary contest in early January.

(Reporting by Alister Bull, writing by Jeff Mason)

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Big-Money Dem Donors Were Especially Active in July

Friday, 22 Aug 2014 19:23 PM

Super PAC spending heated up in July in advance of the fall midterm elections, with Democrats dominating the list of meg . . .

Administration Condemns Russian Move into Ukraine

Friday, 22 Aug 2014 18:48 PM

The Obama administration on Friday condemned the movement of a Russian convoy into eastern Ukraine, calling it a violati . . .

Ex-Justice Lawyer: Holder Incapable of Neutrality on Cop Shooting

Friday, 22 Aug 2014 18:20 PM

Attorney General Eric Holder is biased and incapable of neutrality in the case of the fatal shooting of a black teen by  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved