Page 1 of 1

Obama: "Massive blow" to economy if tax cuts lapse

PostPosted: Wed Nov 30, 2011 5:54 pm
by admin
Obama: "Massive blow" to economy if tax cuts lapse
from Reuters: Politics SCRANTON, Pennsylvania (Reuters) - President Barack Obama warned on Wednesday that the U.S. economy would suffer a "massive blow" if Congress fails to extend expiring payroll tax cuts, saying the country was not fully recovered from the recession.

http://feeds.reuters.com/~r/Reuters/Pol ... IF20111201