Boehner: House leaders accept Senate tax terms

Rep. John Boehner (R-OH) announces a deal to extend payroll tax cuts for two months at a news conference in Washington, D.C. on December 22, 2011.

December 22, 2011 2:52:31 PM PST
House Speaker John Boehner says he has reached agreement with the Senate to renew the payroll tax cut before it expires Dec. 31.