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VOL. 126 | NO. 233 | Wednesday, November 30, 2011

White House Non-Committal on Paying for Tax Cut

AP

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WASHINGTON (AP) – The White House is refusing to say whether President Barack Obama would sign into law an extension of payroll tax cuts that is not paid for.

Spokesman Jay Carney says Obama would prefer that lawmakers find a way to pay for the cuts and not add to the federal deficit. But he says he won't speculate about what decisions Congress will ultimately reach and how the president would react.

The payroll tax cuts for 160 million Americans are set to expire at the end of the year. The president included the extension and expansion of the cuts in the jobs bill he released in September. He has repeatedly said that all measures in that jobs bill would be paid for and would not add to the federal deficit.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 85 354 12,626
MORTGAGES 113 438 16,470
FORECLOSURE NOTICES 21 98 3,290
BUILDING PERMITS 358 918 27,694
BANKRUPTCIES 55 276 10,490
BUSINESS LICENSES 18 120 4,204
UTILITY CONNECTIONS 78 429 16,350
MARRIAGE LICENSES 26 125 3,691

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