Boehner announces deal with Reid on end to payroll tax impasse
House Speaker John Boehner announced Thursday that he had agreed with Senate Majority Leader Harry Reid on a two-month extension of a package including a payroll tax cut and an extension of unemployment benefits.
Boehner said in statement he and Reid "reached an agreement that will ensure taxes do not increase for working families on Jan. 1 while ensuring that a complex new reporting burden is not unintentionally imposed on small business job creators. . ."
Read more at: MSNBC