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Payroll Tax Deal: Defeat for GOP?

Thursday, 22 Dec 2011 | 7:00 PM ET

CNBC's Eamon Javers has the details on a two month tax agreement reached in Congress, reaction from the House, with Rep. Rob Andrew, (D-NJ), and Rep. Michael Burgess, (R-TX), and the winners and losers in the standoff, with Jared Bernstein, fmr. chief economist to vp Joe Biden, and James Pethokoukis, American Enterprise Institute.