By SIOBHAN HUGHES And KRISTINA PETERSON AP Speaker of the House John Boehner gestured during a news conference on the payroll-tax cut Thursday. WASHINGTON—Congressional leaders reached an agreement Thursday to temporarily extend a payroll-tax cut by By SIOBHAN HUGHES And KRISTINA PETERSON AP Speaker of the House John Boehner gestured during a news conference on [...]
Although on December 17 there appeared to be an agreement to extend the employee Social Security payroll tax cut (4.2% tax rate instead of 6.2%) through February 2012, Republicans in the House of Representatives, unlike their colleagues in the Senate, After days of silence, Senate Minority Leader Mitch McConnell (R-KY) is calling on the House [...]
AP -Keeps this year's 4.2 percent Social Security payroll tax rate paid by 160 million workers through the end of 2012, instead of rising to 6.2 percent on Jan. 1. -Extends expiring benefits for the long-term jobless through 2012, but at a maximum of The House has rejected a plan to extend a Social Security [...]
By AP WASHINGTON — Stuck in a stalemate, President Barack Obama and his Republican rivals are slugging it out in Washington rather than reaching for a holiday season accord to prevent payroll taxes from going up on 160 million workers. We have to recognize reality, and that is we are not going to see the [...]
CHARLESTON, SC (WCIV) — Political pressure is mounting on Capitol Hill as Americans wait to see if Congress will pass an extension on the payroll tax break. The tax break is set to expire in January.If it is not extended reports say it will cost the Given how he and House Speaker John Boehner have [...]
