AP Sources: House leaders accept Senate tax terms

WASHINGTON (AP) - GOP aides say House Republican leaders have
agreed to a two-month extension of 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.

House leaders were to brief rank-and-file lawmakers on the
proposal on a conference call later Thursday.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WYMT CONTACT INFO 199 Black Gold Blvd. Hazard, KY 41701 606-436-5757 - switchboard 606-439-9968 - newsroom
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 136102308 - wkyt.com/a?a=136102308
Gray Television, Inc.