Staff Report
(Reuters) – House of Representatives Speaker John Boehner on Thursday caved in to a growing chorus of criticism from both within and outside his Republican party and agreed to a short-term deal to extend a payroll tax cut for 160 million Americans.
In a major reversal that appeared to end a standoff with Democrats, Boehner told Senate Majority Leader Harry Reid he would set a vote in the House on a Senate-passed two-month extension of the payroll tax cut.