Can anyone explain the political machinations behind the latest 2 month payroll tax cut extension deal?

They caved due to public pressure. The democrats kept the drumbeat of "it's $40 a month they are taking from you. What would you do with $40?" Never mind the fact that it would be less than a lot of the other tax hikes democrats have already implemented. Or that the $1000 a year figure they tout is mathematically incorrect. Or that the law also has a clawback provision that states the cut does not apply to amounts earned in excess of $18k during this time period (ie- if you make more than $110k a year).

I think they should have pushed for a perm cut, because we are going to go through the same nonsense as soon as it expires.

The RINO repubs caved, they wanted a year instead of two months.

The dems won, they want a campaign issue, they will only allow this measure to have a life of two months at a time. In this way they can continually say that repubs are against tax cuts for the "little" guy.

This is a win/lose. The dems win, the repubs lose. As long as we have RINOs in office, dems will always win. As long as we have a lib media, dems win.

You are familiar with the term battle of the bands. This one is the battle of the Bullshit.

Both parties lied and got out from underneath a very heavy rock. Just more voo-doo

from the Congress.

It's been a good distraction from other issues like the bi-partisan insider-trading scandal and the fact that of the $20Billion in loans to 'green' companies approved by this administration, $16Billion went directly to Friends Of Obama..major donors and 'bundlers' of campaign contributions.

A way for the left to further depleting the social security so they can raise taxes in the future.

Just wait and see and then they will blame the GOP