The latest fight in Washington surrounds the payroll tax cut, and whether it should be extended in 2012. A final deal would affect 160 million American workers.
Last week, the Senate passed a temporary two-month measure, but now the U.S. House of Representatives has voted that down, opting instead that the decision be sent to conference.
Now, most of the lawmakers have headed home for the holidays, and the clock continues to tick with a January 1st deadline to make a decision.
Republican Congressman Bob Gibbs from Ohio is one of the decision makers who voted against the Senate agreement. He joins us for an extended interview as part of our Mid-Day extra. According to him, a two-month-only extension creates a big headache for business owners.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
