Nightly News   |  February 17, 2012

Payroll tax cut adds to deficit

Republicans agreed to go along with the extension without offsetting budget cuts. NBC's Brian Williams reports.

Share This:

This content comes from Closed Captioning that was broadcast along with this program.

>>> now we turn to domistic politics this evening. congress moved with remarkable speed today to pass the payroll tax cut extension through the end of the year. the bill passed today extends unemployment benefits, heads off a cut in doctors' medicare fees. republicans agreed to go along with the extension without offsetting budget cuts. today's action will add about $100 billion to the federal deficit. it goes on to the president for his signature.