Payrolll Tax

After ‘Supercommittee’ Failure, Burden Falls On Full Congress To Prevent Scheduled Tax Increases

via Amy Bingham, ABC News Now that the 12-member congressional “supercommittee” has announced its failure to produce an all-encompassing, deficit-reduction package before its Wednesday deadline, the full Congress faces deadlines of its own. Before lawmakers pack up for Christmas, they must first decide whether to extend the payroll tax break and long-term unemployment benefits, both … Continue reading →