Tax cut lives: Congress gives last-minute approval

Friday, December 23, 2011 | 1:07 p.m. CST; updated 2:04 p.m. CST, Friday, December 23, 2011

WASHINGTON — After weeks of bickering and doubt, Congress delivered a last-minute holiday tax cut extension to 160 million American workers Friday along with further unemployment benefits for millions laid off in the nation's fierce recession and weak economic recovery. It was a convincing victory for President Barack Obama, a humbling retreat for House Republicans.

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