House and Senate Leaders Have Reached an Agreement on the Extension of the Payroll Tax Cut

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The Associated Press reported the House and Senate have reached an agreement on the extension of the payroll tax cut. According to the article, the measure will cost about $150 billion and will continue a 2% cut in the Social Security payroll tax, renew unemployment benefits, and prevent cuts in Medicare reimbursements for doctors. To read the full article click here.

Source: House Senate Deal Reached on Payroll Tax Measure, The Associated Press via Boston.com