23 December, 2011

CNN Breaking News

The Democratic-controlled Senate passed an amended version of the two-month payroll tax cut extension Friday, contingent on what is now a virtually certain final approval by the Republican-controlled House of Representatives.

The measure passed by unanimous consent, a procedural move allowing the measure to pass even though most members of Congress are home for the holidays.

President Barack Obama is expected to sign the bill shortly, handing a defeat to House Republicans and wrapping up a legislative year marked by repeated partisan brinksmanship and declining public approval of a seemingly dysfunctional Congress.

House and Senate members are now expected to resume negotiations on a year-long extension of the tax cut when Congress reconvenes in January.

Watch live coverage now on http://CNN.com/Live

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