It looks like they’re in full retreat on the payroll tax extension.  Doesn’t happen often as the Democrats are usually ready to cave right up to the moment of victory.   But they don’t want to be accused of sinking the economy, so cooler GOP heads prevailed.  10 month extension – no offsets to minimize the stimulative effect.

More national news topics later, as Santorum becomes…. the front runner????

Meanwhile, here’s another reason the payroll tax cave-in might be a very significant event in American politics.

About these ads