June 29, 2011 / 4:35 PM / 6 years ago

Obama: Good to look at payroll tax cut extension

WASHINGTON, June 29 (Reuters) - U.S. President Barack Obama said on Wednesday the government should consider measures to stimulate the economy as it works to reduce the U.S. debt and deficit.

“I think that it makes perfect sense for us to take a look at can we extend the payroll tax cut, for example, an additional year, and other tax breaks for business investment that could make a big difference in terms of creating more jobs right now,” he said at a news conference. (Reporting by David Morgan)

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