House-Senate deal reached on payroll tax cut

Comet · Feb 15, 2012

A bad move, in my humble opinion, but expected, nonetheless.

WASHINGTON – A top lawmaker says the House of Representatives and Senate have sealed a final agreement on legislation to renew a 2 percentage-point cut in the payroll tax and jobless benefits for millions of unemployed workers, a top priority of President Barack Obama.

Democratic Sen. Max Baucus, the Senate Finance Committee Chairman, confirmed the agreement to Fox News late Wednesday, capping a long day of wrangling over the final details of the measure.

The lawmakers met their goal of getting the agreement out by midnight so it can get on the House floor by Friday.

Read more: http://www.foxnews.com/politics/201...eal-reached-on-payroll-tax-cut/#ixzz1mWBSg0Kl

DodgeFB · Feb 16, 2012

They never say how they will put the money back in the Social Security fund.

And the ones that are so happy to keep the extra $40 or so on their check now, may one day need it more when they can no longer work.

David · Feb 16, 2012

DodgeFB said:
They never say how they will put the money back in the Social Security fund. And the ones that are so happy to keep the extra $40 or so on their check now, may one day need it more when they can no longer work.

Agreed. I'm all for a bigger paycheck but for things like SS, Medicaid/care, etc. I've no issue paying taxes.

House-Senate deal reached on payroll tax cut

Comet

DodgeFB

David

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