Office Hours 12/21/11 or "#40dollars" With Brian Deese

Office Hours 12/21/11 with Brian Deese, Deputy Director of the National Economic Council

Brian Deese, Deputy Director of the National Economic Council, responds to questions on twitter about the payroll tax cut extension and why #40dollars matters during another session of White House Office Hours. (Photo by Mori Rothman)

On Tuesday, the White House called on Americans to add their voice to the conversation in Washington about why we need to extend the payroll tax cut.  If Congress fails to extend the payroll tax cut, the typical family making $50,000 a year will have about $40 less to spend or save with each paycheck.  Over the year, that adds up to about $1,000.

Today, Brian Deese, Deputy Director of the National Economic Council, answered your questions about the payroll tax cut extension and why $40 matters during a session of White House Office Hours.

Check out the full questions and answer session below, or over on Storify. Be sure to follow @WhiteHouse on Twitter for updates from the White House and for more chances to engage.

Tell us what $40 means to you—what will you have to cut or go without if the payroll tax cut expires? Read the responses we’ve received so far here, or add your own story.

Related Topics: Economy
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