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Posted at 11:54 AM ET, 12/23/2011

President Obama makes statement on payroll tax cut extension (Video)

President Obama on Friday afternoon urged Congress to work “without drama and without delay” on extending the payroll tax cut and unemployment insurance through 2012 when they return to Washington in January.

The House and Senate. agreed to a two-month tax cut extension earlier Friday after a days-long impasse between House Republicans and Democrats, the White House and Senate Republicans.

The president departed for a 10-day vacation in Hawaii after his remarks at the White House.

Read more coverage of the fight over extending the cuts:

Senate, House pass payroll tax cut deal

44: After tax fight, Obama heads to Hawaii for 10-day vacation

Boehner’s laid-back style came with a price

Boehner: ‘Our members waged a good fight’

By  |  11:54 AM ET, 12/23/2011

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