Standoff in Congress Over Payroll Tax Extension

Just a day after an extension of the payroll tax cut passed the Senate by an overwhelming margin, Speaker John Boehner  announced that he would  not bring the bill to the House floor for a vote immediately. Instead, Boehner says Congress should pass a full-year extension of the payroll tax cut rather than the two-month extension agreed […]

Just a day after an extension of the payroll tax cut passed the Senate by an overwhelming margin, Speaker John Boehner  announced that he would  not bring the bill to the House floor for a vote immediately. Instead, Boehner says Congress should pass a full-year extension of the payroll tax cut rather than the two-month extension agreed upon by the Senate. The House GOP is expected to vote the bill down Tuesday. Takeaway Washington correspondent Todd Zwillich  give an update on this latest Congressional standoff.