UPDATED: 5:15 p.m. More news on the proposed payroll tax holiday extension is expected tonight following a scheduled conference call among House Republicans.
President Barack Obama on Thursday stood firm in his position that House members pass the Senate's short-term extension of a payroll tax holiday that would also avert a 27% cut in Medicare physician reimbursement by placing a two-month freeze on payments to the nation's doctors.
“This is not just my view,” Obama said during a news conference at the White House. “Just a few hours ago, this is exactly what the Republican leader of the Senate said we should do. Democrats agree with the Republican leader of the Senate.”