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>> pelley: good evening. no holiday tax increase. after a week-long standoff, the senate, house, and president came together on a two-month extension of the temporary cut in social security payroll sexes. a year ago, that tax rate was lowered from 6.2% to 4.2%. and for a lot of families, that comes to about $80 a month. house republicans wanted a longer extension and they threatened to let the tax cut expire if they didn't get their way. but today they backed down and the president was quick to grab his pen. sharyl attkisson has been covering from the capitol to the white house. >> i...

two months. it saves a thousand dollars a year for a worker earning a $50 salary. the deal was sealed today in a remarkable session of the house and senate which had basically closed up shop. >> the house stands adjourned until 1:00 p.m. tuesday, december 27. >> reporter: leaders were able to expedite the tax cut extension as long as not one single member objected. nobody did. >> happy new year as well. >> reporter: the democrats' leader in the senate, harry reid took the chance to lecture house republicans whom he he blamed for all the trouble. >> everything we do around here does n...