President Obama lost a couple of economic battles on Capitol Hill on Thursday, but he is hoping to win the political war. The president vows to keep fighting for policies he says will benefit the broad middle class.
As Obama spoke to reporters in the White House briefing room, an electronic clock behind him ticked down the minutes, hours and days until year's end. That's when a payroll tax cut is due to expire, unless Congress votes to extend it.
Economic Skirmishes