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



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