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Obama: U.S. needs payroll tax cut, recovery fragile

Monday, December 05, 2011 - 04:39

Dec. 5 - President Barack Obama says the U.S. needs to extend the payroll tax cut because economic recovery is fragile and the situation in Europe is adding to uncertainty. Obama's statement to reporters urges congressional Republicans to extend the payroll tax cut into 2012. Rough Cut (no reporter narration).

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Obama: U.S. needs payroll tax cut, recovery fragile

Monday, December 05, 2011 - 04:39