President Barack Obama addressed the impasse in Congress over payroll tax cuts, calling for an extension of the cuts as "the right thing to do," at the White House on Dec. 5, 2011.
President Barack Obama delivers a statement on the ongoing congressional tax cut negotiations, at the White House in Washington on December 5, 2011.
White House Press Secretary Jay Carney walks past a monitor displaying a clock counting down the expiration of the social security tax cut, during his daily briefing at the White House in Washington on December 5, 2011. UPI/Kevin Dietsch
President Barack Obama delivers a statement on the ongoing congressional tax cut negotiations, at the White House in Washington on December 5, 2011. UPI/Kevin Dietsch.
President Barack Obama delivers a statement on the ongoing congressional tax cut negotiations, at the White House in Washington on December 5, 2011. UPI/Kevin Dietsch.