Tag Archives: pay roll tax cut

Senate vs The House Over Payroll Tax Cut

As it stands, Americans face the uncertainty of whether or not they will be giving more of their money to federal government at the beginning of next year. Earlier today Speaker Boehner said the House will block the Senate deal stating “A two-month extension creates uncertainty and will cause problems for people who are trying… Read More »

Short-Term Payroll Tax Cut Extension Passes In Senate

On Saturday the Senate agreed overwhelmingly 89-10 to pass a two month payroll tax cut extension. The short term deal is a result of the inability Democrats and Republicans to agree on how to fund a long term extension. Also agreed on was to extend long-term unemployment benefits for another two months. The legislation will… Read More »