extension

After a big debate and plenty of politics, it looks like a payroll tax cut extension will be passed today. Everyone knew it had to happen in the end, but the politics pushed it back quite a bit. http://www.reuters.com/article/2011/12/23/us-usa-taxes-idUSTRE7B827K20111223

As contagion fears continue, some European leaders are calling for an extension of the bailout fund. Among them is President of the ECB- Jean-Claude Trichet. Of course the opposition is Germany, the one that will need the most convincing. Another proposition that has come up is the creation...