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Congress Comes To Agreement On Payroll Tax

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Lawmakers in the House and Senate convene in an unusual session Friday to approve a deal to extend expiring payroll tax breaks for 2 months, which Republicans agreed to after 5 days of increasing political pressure.

The stopgap deal also leaves expiring federal unemployment benefits and medicare reimbursement rates for doctors in place for another 2 months. Critics of the deal and the politics behind it are airing their opinions in editorial pages today, and there's some concern Tea Party freshman still might not go along with it.

Rick Klein, senior Washington editor for ABC World News tweeted, "Dems have right to smile... it won't be every day that they're on side of lower taxes vs. GOP. That drove the politics."

Guest:

  • Rick Klein, senior Washington editor for ABC World News, and host of the ABC News political webcast “Top Line"

This segment aired on December 23, 2011.

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