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Obama signs payroll tax cut extension into law

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US President Barack Obama on Wednesday signed into law a compromise bill extending a payroll tax cut and jobless benefits through 2012, after a bitter partisan fight over how to pay for it.

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Obama to discuss payroll tax extension: Official

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President Barack Obama will publicly discuss the importance of a payroll tax extension, a new push in his end-of-year showdown with Republicans, a senior administration official said on Wednesday.

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