Republican-led US House defies Obama on payroll tax

Tue Dec 13, 2011 11:53pm GMT
 

WASHINGTON Dec 13 (Reuters) - The Republican-led U.S. House of Representatives defied a White House veto threat on Tuesday and passed a bill to expedite approval of the Keystone XL Canada-to-Texas pipeline project.

The provision was part of a broader bill to extend a payroll tax cut for 160 million Americans. Democrats oppose Republicans' efforts to link the two issues and the measure is expected to die in the Democratic-controlled Senate. cc (Reporting By Thomas Ferraro)

Market Update

  • Africa
  • US
  • Europe
  • Asia
UK £ USD =1.5393
Euro USD =1.1097
Rand USD =0.0747