Payroll Tax Deal: Defeat for GOP?

7:00 PM ET Thu, 22 Dec 2011

CNBC's Eamon Javers has the details on a two month tax agreement reached in Congress, reaction from the House, with Rep. Rob Andrew, (D-NJ), and Rep. Michael Burgess, (R-TX), and the winners and losers in the standoff, with Jared Bernstein, fmr. chief economist to vp Joe Biden, and James Pethokoukis, American Enterprise Institute.