» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 233 | Wednesday, November 30, 2011

White House Non-Committal on Paying for Tax Cut

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 73 391 11,120
MORTGAGES 88 481 13,903
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 198 969 24,034
BANKRUPTCIES 54 288 8,432
BUSINESS LICENSES 29 126 3,771
UTILITY CONNECTIONS 67 536 13,457
MARRIAGE LICENSES 17 103 3,031

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.