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Thursday, December 22, 2011

In Bizzaro World: Republicans Cave In; Extend Tax Cut

Obama wins:

Bowing under intense pressure from members of their own party to end the politically damaging impasse over a payroll tax holiday, House Republican leaders agreed Thursday to accept a temporary extension of the tax cut, beating a hasty retreat from a showdown that Republicans increasingly saw as a threat to their election opportunities next year.

The GOP House: destroying the Republican brand any chance they can get.

(Source: The New York Times)

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