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Congress agrees to Payroll tax deal




WASHINGTON, DC - DECEMBER 22:  Speaker of the House John Boehner (R-OH) leaves after a news conference where he announced that he and Senate Majority Leader Harry Reid (D-NV) had negotiated deal on the payroll tax cut that was set to expire at the end of the year at the U.S. Capitol December 22, 2011 in Washington, DC. Earlier in the day, Senate Minority Leader Mitch McConnell (R-KY) said the House Republicans should accept the Senate's version of a two-month extension of the tax cut.  (Photo by Chip Somodevilla/Getty Images)
WASHINGTON, DC - DECEMBER 22: Speaker of the House John Boehner (R-OH) leaves after a news conference where he announced that he and Senate Majority Leader Harry Reid (D-NV) had negotiated deal on the payroll tax cut that was set to expire at the end of the year at the U.S. Capitol December 22, 2011 in Washington, DC. Earlier in the day, Senate Minority Leader Mitch McConnell (R-KY) said the House Republicans should accept the Senate's version of a two-month extension of the tax cut. (Photo by Chip Somodevilla/Getty Images)
Chip Somodevilla/Getty Images

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Debate over the payroll tax bill is finally over. Both houses took less than an hour to pass the two month extension. The compromise caps a year of low points for Congress. Felicia Sonmez, congressional reporter for The Washington Post, will join the show.