Posted by
Colleen Curtis on December 23, 2011 at 02:25 PM EST
Direct quote from the White House
"President Obama today signed into law a two month extension of the
payroll tax cut, which means that 160 million American workers will not
see their paychecks shrink starting Jan 1, 2012. The President thanked
Congress for ending the stalemate and
urged them to keep working
to reach an agreement that extends this tax cut as well as unemployment
insurance through all of 2012, saying it is the right thing to do for
American families and for the economy, and called it "a boost that we
very much need right now."
The extension came after tens of thousands of working Americans turned
to the internet to let politicians in Washington know just
how much they were relying on that tax break,
which amounts to about $40 per paycheck for a family making $50,000 a
year, and the President acknowledged just how valuable their
contributions had been to the conversation happening in the Capital:
Finally, I want to take a moment to thank my fellow Americans for
bringing their voices to this debate. I met with several here at the
White House yesterday. I really think it takes courage to believe that
your voice can make a difference. And I promise you, the American
people, your voices made a difference on this debate. Whether you
tweeted or called or wrote, you reminded people in this town what this
debate and what all of our debates should be about -- it’s about you.
It’s about your lives. It’s about your families. You didn’t send us to
this town to play partisan games, and to see who’s up and who’s down.
You sent us here to serve and make your lives a little bit better; to do
what’s right. And fortunately, that’s how this week ended.
The President called on Congress to redouble their efforts to make sure
the economy is growing and that jobs are being created, and called this
period a make-or-break moment for the middle class in this country."