Republicans Fold - Payroll Tax Cut

The White House: Statement by the President Obama on the payroll tax cut deal. The President stated the following, “ ..Today, I congratulate members of Congress for ending the partisan stalemate by reaching an agreement…Because of this agreement, every working American will keep his or her tax cut – about $1,000 for the average family. That’s about $40 in every paycheck. Vital unemployment insurance will continue for millions of Americans who are looking for work. And when Congress returns, I urge them to keep working to reach an agreement that will extend this tax cut and unemployment insurance for all of 2012 without drama or delay….This is the right thing to do to strengthen our families, grow our economy, and create new jobs. This is real money that will make a real difference in people’s lives. And I want to thank every American who raised your voice to remind folks in this town what this debate was all about. It was about you. And today, your voices made all the difference. ”. The Republican controlled House of Representatives has folded in its battle with the Democratic Senate and President Obama when it comes to the payroll tax cut. The Republicans lost the political fight, the Democrats wanted a two month extension of the tax cut while the Republicans wanted a year, the fight allowed Democrats to be seen as a tax cutters, while the Republicans had the image that they wanted to raise taxes. Yes people we are through the Twilight Zone when it comes to Washington D.C. Thus another fight in Feb folks, the Democrats will want to keep it on the table in till November 2012, the Republicans in the Senate and the House will have to stand together, and make it simple, a year extension, to be paid for the repeal of ObamaCare, pass nothing in till Obama veto’s the bill. And by nothing this blog means nothing, not even Defence, roll dice the folks. Obama can take a short political war but not a long term one, also if the US Supreme Court throws out ObamaCare the Democrats will be forced to deal, its time for Chicago politics folks, the last man standing wins.