Congress revisiting bruising payroll tax cut fight - Washington Times: A: After a bitter clash and just a week before a New Year's Day deadline, President Barack Obama and Congress renewed a 2 percentage point payroll tax cut for 160 million workers and benefits for the long-term unemployed through February. They also temporarily forestalled a deep cut in doctors’ Medicare fees that threatened to make it harder for the elderly to find physicians who would treat them. Now, the two sides need to figure out how to extend all three measures through 2012 and cover the roughly $160 billion cost.
Q: Are they expected to succeed?
A: Yes, though it will probably take until shortly before the current extensions expire Feb. 29. There are complicated decisions ahead, chiefly what programs to cut and what fees to increase to offset the price tag. Just as important, Democrats won’t be in a hurry to finish.
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