House GOP agrees to short-term fix
WASHINGTON (AP) ? It looks like there'll be a short-term extension of a tax cut.
GOP aides say House Republican leaders have agreed to a two-month extension of the Social Security payroll tax cuts and federal unemployment benefits.
The move reflects a retreat by House Republicans and appears to all but assure 160 million workers aren't hit by a 2 percentage point increase in the payroll tax on Jan. 1.
?2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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