Republican-led House defies Obama on payroll tax
WASHINGTON (Reuters) - The Republican-led House of Representatives defied a White House veto threat on Tuesday and passed a bill to expedite approval of the Keystone XL Canada-to-Texas pipeline project.
The provision was part of a broader bill to extend a payroll tax cut for 160 million Americans. Democrats oppose Republicans' efforts to link the two issues and the measure is expected to die in the Democratic-controlled Senate.
(Reporting By Thomas Ferraro)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.