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House GOP rejects 2-month payroll tax cut

(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

News 12 Staff

Dec 20, 2011, 6:16 PM

Updated 4,564 days ago

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(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.


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