Lawmakers, Payroll Tax Cut | featured news

Lawmakers reach tentative deal to extend payroll tax break

Despite discomfort in the Republican ranks, House and Senate negotiators reached a deal in principle early Thursday to extend a payroll tax break, continue unemployment benefits and ensure that Medicare doctors do not get a pay cut this year.

 

Negotiators reach tentative payroll tax cut pact

John Boehner

House-Senate talks on renewing a payroll tax cut that delivers about $20 a week to the average worker yielded a tentative agreement Tuesday, with lawmakers planning to unveil the pact Wednesday and sending the measure to President Barack Obama as early as this week.

 

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