UPDATE: President Signs Extension of Temporary Payroll Tax Cut
Both House and Senate pass the payroll tax extension for 160 million Americans on Friday.
UPDATE: President Obama signed the temporary extension for a payroll tax cut Friday, according to The Sun Times. Both the House and Senate approved the measure also on Friday.
Congressman Randy Hultgren was one of two Illinois Republicans this week who rejected a proposed payroll tax cut measure backed by President Obama and sent it back for more work.
A spokesman for Hultgren, who represents Congressional District 14, said that the 2-percentage point payroll tax cut extension for two months was "unacceptable" to business leaders, according to the Sun-Times and Associated Press.
Last week, Hultgren voted in favor of the House version of the bill, which called for a one-year extension.
“It is also fully paid for, not with job-crushing tax hikes, but with spending cuts, including a continued salary freeze for Members of Congress," Hultgren said of the House bill in a Dec. 13 statement from his office.
The Senate version called for a two-month extension.