Moneybox

WSJ Editorial Page Slams House GOP On Payroll Taxes

This Wall Street Journal editorial smacking House Republicans around for monkeying with the payroll tax holiday isn’t exactly supportive of the Obama administration’s position on the economic merits, but instead should be read as basically backing up Mitch McConnell’s political judgment that this is a weird opportunity to pick a fight. That said, I basically agree with my colleague Dave Weigel that intransigence has worked for House Republicans before so there’s no obvious reason to think that it won’t work again.