Saturday, December 17, 2011

Obama to discuss Senate vote on payroll tax cut

President Barack Obama delivers remarks at the 71st General Assembly of the Union for Reform Judaism, Friday, Dec. 16, 2011, in National Harbor, Md. (AP Photo/Haraz N. Ghanbari)

President Barack Obama delivers remarks at the 71st General Assembly of the Union for Reform Judaism, Friday, Dec. 16, 2011, in National Harbor, Md. (AP Photo/Haraz N. Ghanbari)

Sen. Joe Manchin, D-WV, left, and Sen. Mark Kirk, R-Ill., comment as the Senate approves legislation that extends Social Security payroll tax cuts for two months, at the Capitol in Washington. The action also extends long-term unemployment benefits for another two months and forces President Barack Obama to approve construction of a controversial oil pipeline. (AP Photo/J. Scott Applewhite)

Sen. Pat Roberts, R-Kan., arrives as the Senate votes to approve legislation that extends Social Security payroll tax cuts for two months, at the Capitol in Washington. The action also extends long-term unemployment benefits for another two months and forces President Barack Obama to approve construction of a controversial oil pipeline. (AP Photo/J. Scott Applewhite)

Sen. Joe Manchin, D-WV, left, and Sen. Mark Kirk, R-Ill., comment as the Senate approves legislation that extends Social Security payroll tax cuts for two months, at the Capitol in Washington. The action also extends long-term unemployment benefits for another two months and forces President Barack Obama to approve construction of a controversial oil pipeline. (AP Photo/J. Scott Applewhite)

Sen. John McCain, R-Ariz., talks on his cell phone just off the floor of the Senate as the body votes to approve legislation that extends Social Security payroll tax cuts for two months, at the Capitol in Washington. The action also extends long-term unemployment benefits for another two months and forces President Barack Obama to approve construction of a controversial oil pipeline. (AP Photo/J. Scott Applewhite)

(AP) ? President Barack Obama plans to deliver a statement Saturday following the Senate vote to approve legislation extending a Social Security payroll tax cut and long-term jobless benefits for two months.

The measure includes a provision pushed by Republicans that would pressure the White House to make a quick decision on approving construction of an oil pipeline from Canada to Texas that would create thousands of jobs.

The White House has said the president would sign the tax cuts extension because it met his test of "preventing a tax increase on 160 million hardworking Americans" and avoiding damage to the economy recovery.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2011-12-17-Obama-Congress/id-2a02ca02d52a44df9c459f57929e93d2

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