Obama: ‘Massive blow’ if GOP blocks payroll tax

On the attack, President Barack Obama warned Wednesday of a “massive blow to the economy” if Republicans oppose him over extending a payroll tax cut, as he campaigned for more money in the pockets of U.S. workers — and in his campaign treasury.

Obama pressed his case at a campaign-style rally in working-class Scranton, Pa., where he said Republicans had to choose between lower taxes for the wealthy, or a payroll tax cut that would help working Americans.

“Are you going to cut taxes for the middle class and those who are trying to get into the middle class or are you going to protect massive tax breaks for millionaires and billionaires?” he said. “Are you going to ask a few hundred thousand people who have done very, very well to do their fair share, or are you going to raise taxes for hundreds of millions of people across the country?”

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