Tag Archives: economic package

Congress Passes Payroll Tax Cut Extension

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Congress passed a $150 billion economic package Friday, extending for the rest of the year a payroll tax holiday for 160 million workers and unemployment benefits for millions of others.

On a 293-132 vote, a bipartisan House coalition supported the compromise plan to keep giving workers a small amount of extra cash with each paycheck while also providing a continued cushion for the unemployed.

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