Boehner And Reid Make Tax Deal

House Speaker John Boehner and Senate Majority Leader Harry Reid have come to terms on a deal to extend the payroll tax cut for two months.

House of Representatives Speaker John Boehner on Thursday bowed to pressure from both within and outside his party and agreed to a short-term deal to extend a payroll tax cut for 160 million Americans.

In what could be an end to a toxic stalemate, Boehner informed Senate Majority Leader Harry Reid that he will set a vote in the House on a Senate-passed two-month extension of the payroll tax cut, a Democratic leadership aide said.

By: Alan

Alan Colmes is the publisher of Liberaland.