A compromise bill extending a payroll tax cut and jobless benefits for the long-term unemployed should be enacted, but it's not going to help the economy very much, House Speaker John Boehner said Thursday.

Democrats are mostly satisfied with a compromise bill extending payroll tax cuts and benefits for the long-term unemployed through 2012, and it should be pushed through Congress quickly, the party's House leader said Thursday.

Congressional leaders are gauging lawmakers' reactions to a tentative deal extending a 2 percentage-point payroll tax cut and extra jobless benefits through 2012, a pact bargainers reached after House Republicans conceded that the tax cut would not have to be paid for with spending cuts.

Aiming tax increases at millionaires and companies that ship jobs abroad may help frame the fairness theme of President Barack Obama's re-election campaign, but it's a plan that stands virtually no chance of passing Congress.

With television lights glaring, 20 lawmakers will gather next week to revisit the fight that consumed Congress before Christmas over renewing a Social Security payroll tax cut and unemployment benefits.

The House intends to vote down a bipartisan two-month extension of the payroll tax cut that has cleared the Senate and is backed by President Barack Obama, and request immediate negotiations on a full-year renewal, Speaker John Boehner said Monday.

House Speaker John Boehner says Republicans will defeat a short-term bill that would have prevented a tax hike on some 160 million Americans and called on Democrats to stay in Washington through the holiday if necessary to "finish the people's business."

Shifting from confrontation to cooperation, congressional leaders expressed optimism Thursday that agreement was near on extending this year's payroll tax cut, renewing unemployment benefits and averting a federal shutdown.