Upload

Loading...

House Republicans reject payroll tax cut extension package

1,092

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Dec 22, 2011

House Republicans have rejected a compromise package on extending a payroll tax cut. Unless congress can break the impasse, working Americans will see a payroll tax hike of two percent starting January 1st, 2012.

Barack Obama has blamed Republicans for opposing the extension, even after he has compromised on the issue of the Keystone XL pipeline project. However, this was not enough for Congressional Republicans, who has come up with their own one-year extension proposal.

But the Senate has already gone on holiday. With nobody to work with the House and the deadline of January 1st fast approaching, it looks like Americans will be getting a most unwelcome late Christmas present...a tax hike.

---------------------------------------­­----------------------------------------­­
Daily videos brought to you by THE Taiwanese Animators behind the infamous Tiger Woods animation. We got the funniest animations on the web to help you stay in-the-know on all the trending stories, so sit back, relax, and watch a few.

Visit our channel for your daily dose of Taiwanese Animations:
https://www.youtube.com/user/NMATV

Wish all your news was animated? Subscribe now:
http://www.youtube.com/subscription_c...

Can't get enough of Taiwanese animations? Connect with us here:
Facebook http://www.facebook.com/NMAtv
Twitter @nmatv http://www.twitter.com/nmatv
Tumblr http://nmatv.tumblr.com
Google+ http://gplus.to/NMAtv
Web http://www.nma.tv

Loading...

Advertisement
Autoplay When autoplay is enabled, a suggested video will automatically play next.

Up Next


to add this to Watch Later

Add to