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VOL. 126 | NO. 239 | Thursday, December 8, 2011

Reid: Senate Not Leaving Till Payroll Tax Cut OK

AP

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WASHINGTON (AP) – Senate Majority Leader Harry Reid says the Senate won't leave town for the Christmas holiday until Congress approves an extension of the payroll tax cut.

The Nevada Democrat and other Senate Democratic leaders used a news conference Wednesday to try raising pressure on Republicans.

Senate Republicans have so far objected to a Democratic plan to extend the tax cut because they oppose tax hikes on millionaires that Democrats would use to pay for it. In the House, GOP leaders say they want to extend the tax cut but have yet to drum up enough support for a bill to do so.

A 2 percent cut in the 6.2 percent payroll tax expires Jan. 1 without congressional action. President Barack Obama wants to increase the reduction to 3.1 percent.

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 This material may not be published, broadcast, rewritten or redistributed.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 47 47 1,046
MORTGAGES 83 83 1,278
FORECLOSURE NOTICES 0 0 152
BUILDING PERMITS 0 0 1,653
BANKRUPTCIES 66 66 701
BUSINESS LICENSES 0 0 298
UTILITY CONNECTIONS 0 0 392
MARRIAGE LICENSES 0 0 82

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