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12/21/11

US Politics: Payroll Tax Battle With G.O.P. Gives Lift to Obama - by Jackie Calmes

After a long stretch of high unemployment, legislative turmoil and, in turn, slipping public approval, President Obama seemed to regain his political footing this week with the help of House Republicans, whose handling of a standoff over payroll taxes had even leading conservatives accusing them of bungling the politically charged issue.

But the impasse was not without risks for Mr. Obama.
Democrats fretted that Mr. Obama’s vow to stay in Washington through Christmas and New Year’s to get a deal would backfire should he join his family in Hawaii before a resolution. Also, though House Republicans were bearing the brunt of criticism for the latest show of Washington dysfunction, Mr. Obama could be hurt if the tax break and jobless aid are not extended and the fragile economy sours, as nonpartisan economic forecasters have warned it will without the continued stimulus measures.


For more: Payroll Tax Battle With G.O.P. Gives Lift to Obama - NYTimes.com

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