Social Security Payroll Tax Cut Extension
2012-01-24T23:41:15-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYmJlXC8zMDM4NjktbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension. In December 2011 Congress passed a two-month payroll tax cut extension. Democrats proposed taxing income earners over $1 million while Republicans wanted the cost to be offset through spending cuts. The extension expires on February 29th. Conferees also discussed differences over unemployment insurance and Medicare.
A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension. In December… read more
A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension. In December 2011 Congress passed a two-month payroll tax cut extension. Democrats proposed taxing income earners over $1 million while Republicans wanted the cost to be offset through spending cuts. The extension expires on February 29th. Conferees also discussed differences over unemployment insurance and Medicare. close
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