TRANSCRIPT: Remarks by the President on the Payroll Tax Cut South Court Auditorium 1:00 P.M. EST THE PRESIDENT: Thank you, everybody. (Applause.) Please have a seat. Good afternoon to all of you. Merry Christmas. Happy holidays. We've been doing everything we can over the last few weeks to make sure that 160 million working Americans aren’t hit with a holiday tax … [Read more...] about VIDEO: President Obama Speaks on Payroll Tax Cut