Obama: 'Massive blow' if GOP blocks payroll tax

SCRANTON, Pa. — Blending governing with re-election politics, President Barack Obama roused a cheering northeast Pennsylvania crowd Wednesday as he warned of a "massive blow to the economy" if Republicans block a payroll tax extension because of his insistence on a millionaires' tax.

Obama took to the road with a dual pitch for money, campaigning for more cash in the pockets of U.S. workers — and for his campaign treasury as well.

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. Republicans say they would support extending the payroll tax cut, but reject new taxes to offset the costs.

"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?" he said.

Obama was traveling later Wednesday to donor-rich New York City to raise money for his already flush re-election effort.

Obama: 'Massive blow' if GOP blocks payroll tax 11/30/11 [Last modified: Wednesday, November 30, 2011 9:05pm]

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