Obama Praises Better-Than-Expected Jobs Report & Calls for Payroll Tax Cut Extension 🇺🇸

President Barack Obama celebrates encouraging employment data and urges Congress to extend the payroll tax cut through the end of 2014 to boost the economy.

Obama Praises Better-Than-Expected Jobs Report & Calls for Payroll Tax Cut Extension 🇺🇸
Reuters
40 views • Jan 6, 2012
Obama Praises Better-Than-Expected Jobs Report & Calls for Payroll Tax Cut Extension 🇺🇸

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U.S. President Barack Obama on Friday welcomed a stronger than expected employment report and urged Congress to extend a payroll tax cut until the end of 2012.<br/> (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA , SAYING:<br/> "We're making progress. We're moving in the right direction. And one of the reasons for this is the tax cut for working Americans that we put in place last year,"<br/> Obama said more needs to be done.<br/> On a visit to the Consumer Protection Bureau, he called on Congress to do more.<br/> (SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA , SAYING:<br/> "When Congress returns they should extend the middle class tax cut for all of this year, to make sure we keep this recovery going."<br/> On Friday, the Labor Department reported that 200,000 jobs were added to the economy in December, as the unemployment rate edged lower to 8.5 percent.<br/> Deborah Lutterbeck, Reuters.

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40

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1:05

Published

Jan 6, 2012

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