House GOP rejects 2-month payroll tax cut

By: Associated Press Email
By: Associated Press Email

WASHINGTON (AP) -- The House has rejected a plan backed by President Barack Obama to extend a 2-percentage point payroll tax cut for two months.

Republicans are demanding immediate talks with the Senate on a year-long extension. Without a bill extending the cuts, payroll taxes will go up for 160 million workers on Jan. 1. Almost 2 million people could lose unemployment benefits as well.

(COPYRIGHT 2011 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)


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