guest: this started to help small business and it didn t do anything. we wanted to be able to reduce our expenses and we all it does is reduce expense force employees. neil: but it was supposed to help the employers? guest: it is supposed to help me. now, because they cannot help, our semester is three months, not two months now i do two sets of books and i have higher administration costs so uncertainty for small business be we have no cash employee and you cost me more money. you save my employee $20 and you cost me $2,000. neil: you are just whining? guest: not whining saying, again, they do the small little band-aids. this was very expensive. and where does it come from? the consumer. so you save them, here is 20 but i will bill you $100. neil: would you feel differently if originally the idea was employers were to enjoy a payroll tax cut holiday, but that is not happening now, would it make a difference to you? guest: i think if they took the whole subject and made a
merry christmas, happy holidays, a happy new year to you and your families, and that includes everybody here in the press corp., i know you guys have been working hard and your families will be happy to spend a little more time with you over the next few days. i also want to make sure to send the warmest holiday wishess to all the men and women in uniform who are serving oversees righ overseas right now and may not have a chance to see their families over the holiday season. we are grateful for everything you do. thank you, guys. aloha. rick: president obama is off to hawaii for a little holiday vacation with his family. he goes there with some political momentum as well after the house and senate passing the two-month extension east wished on the payroll tax cut holiday. of course part of the deal there was for both sides to get back to the negotiating table to try to workout a one-year extension, and that will happen right after
obama was taking his version of a victory lap before he got on a plane to go to hawaii. sounds like this year he s doing much the same. you can interpret it that way. similarly last year, ironically enough it was a deal president obama struck with mitch mcconnell about the very payroll tax cut holiday that the fight was about this month that delayed the president s trip to hawaii. we all know the fact that that the first family is already there. they ve been there for some five or six days. i wonder if the president has lost count. he was delayed that time. i think he got there just two days before christmas. apparently that s the plan this time as well, alex. one can imagine that the guava juice can taste extra sweet this year. i want to talk to the panel. do we know that john boehner has left the capitol, the bird has flown? when asked where he is going, he said somewhere warm. presumably not hawaii. let s talk a little bit about the 2012 race and the fact that those folks who wo
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rest of 2012. this is just a little band-aid around the holidays, effectively that would have stopped a pr disaster. if you don t extend tax cuts around christmas, you really do look like the grinch. this is simply not over and it will be a defining issue for campaign 2012. did you get a read for any of the ten who voted against this i spoke with senator kirk of illinois, as well as senator manchin of west virginia. your sense from them if they hope to get this not extended come february, if there s a presumption it will be extended to the end of the year? they re interesting. they opposed this legislation because in order to pay for the payroll tax cut holiday, the social security trust fund is where that money is taken from. so they believe, as senator manchin s staff called it, it s