President Obama’s calling for it, so is his one-time top economic adviser. With unemployment stuck at around 9 percent, the administration is desperate for more economic stimulus, and the only way they think they can get it is by further cutting payroll taxes. They want to include those cuts in a bipartisan deal to raise the national debt limit.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=110581