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U.S. lawmakers to vote on holiday tax Tuesday

Republican lawmakers escalated a year-end showdown with the White House, putting off a vote on extending a payroll tax holiday demanded by President Barack Obama until Tuesday. Party leaders in the House of Representatives rejected a compromise hammered out by Democrats and Republicans in the Senate and promised to hold…

Obama’s new problem: House to block payroll tax holiday extension

US President Barack Obama faced a new political battle Monday after the top Republican in the House of Representatives rejected a two-month payroll tax cut extension already approved by the Senate. The US Senate passed a two-month payroll tax holiday extension on Saturday, guaranteeing fresh partisan bickering in the 2012…

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