Obama To Call For More Bipartisanship
By: Big 2 News Staff
Updated: February 21, 2012
CNN -- Fresh off the success of the payroll tax cut extension,
President Barack Obama will call on Congress Tuesday to pass more
bipartisan measures, a senior administration official told CNN.
The official said the White House believes that Republicans have been more willing to make deals since the bruising fight over raising the debt limit late last year.
The call for greater bipartisanship will come at a White House event touting the importance of the extension of the payroll tax cut and what it means to a middle class family.
The roughly $100 billion payroll tax cut, a key part of Obama's economic recovery plan, has reduced how much 160 million American workers pay into Social Security on their first $110,100 in wages. Instead of paying 6.2% had it lapsed, they'll be paying 4.2% -- a break worth about $83 a month for someone making $50,000 a year.
The president will be joined by people who shared via Twitter and on the White House website how losing the tax cut would have impacted their daily lives.
The issue was a thorny one for Republicans, who got caught between the competing goals of providing the tax cut and paying for it. GOP leaders this month acknowledged they had angered voters by holding up the tax cut extension.
The president has promised to sign the bill into law when it hits his desk later this week. The package also extends unemployment insurance.
The official said the White House believes that Republicans have been more willing to make deals since the bruising fight over raising the debt limit late last year.
The call for greater bipartisanship will come at a White House event touting the importance of the extension of the payroll tax cut and what it means to a middle class family.
The roughly $100 billion payroll tax cut, a key part of Obama's economic recovery plan, has reduced how much 160 million American workers pay into Social Security on their first $110,100 in wages. Instead of paying 6.2% had it lapsed, they'll be paying 4.2% -- a break worth about $83 a month for someone making $50,000 a year.
The president will be joined by people who shared via Twitter and on the White House website how losing the tax cut would have impacted their daily lives.
The issue was a thorny one for Republicans, who got caught between the competing goals of providing the tax cut and paying for it. GOP leaders this month acknowledged they had angered voters by holding up the tax cut extension.
The president has promised to sign the bill into law when it hits his desk later this week. The package also extends unemployment insurance.
