Tag: payroll tax cut

  • Fiscal Cliff Deal Cuts Average Workers' Paycheck By $1,000

    Fiscal Cliff Deal Cuts Average Workers' Paycheck By $1,000

    The tax package that Congress passed in the final hour of New Year's Day will protect 99 percent of Americans from an income tax increase, but almost every person will still see a hit to their paychecks. That's because the legislation did nothing to prevent a reduction in the Social Security payroll tax from... Continue Reading

  • Obama Signs Payroll Tax Cut Extension Into Law

    Obama Signs Payroll Tax Cut Extension Into Law

    By Mark S. Smith WASHINGTON (AP) -- President Barack Obama signed the payroll tax cut extension into law Wednesday, notching an election-year victory and rare bipartisan agreement in the continuing partisan battle over jobs, taxes and debt. Continue Reading

  • Obama Touting Payroll Tax Cut Extension Deal

    Obama Touting Payroll Tax Cut Extension Deal

    WASHINGTON (AP) -- President Barack Obama will be joined at the White House on Tuesday by taxpayers who stand to benefit from a payroll tax cut extension. Continue Reading

  • Congress Moves Toward Ending Payroll Tax-Cut Fight

    Congress Moves Toward Ending Payroll Tax-Cut Fight

    By Alan Fram WASHINGTON -- Congress is getting ready to vote on extending a payroll tax cut for 160 million workers and jobless benefits for people out of work the longest, a showdown that many legislators hope will finally end a standoff that has dominated Washington since the fall. Lawmakers were... Continue Reading

  • Top Bargainers Announce Payroll Tax Cut Deal

    Top Bargainers Announce Payroll Tax Cut Deal

    By Alan Fram WASHINGTON (AP) -- Relieved congressional bargainers say they've reached agreement on compromise legislation extending payroll tax cuts and benefits for the long-term unemployed through 2012, edging a white-hot political battle a major step closer to finally being resolved. Continue Reading

  • Payroll Tax Negotiations Open Amid Optimism

    Payroll Tax Negotiations Open Amid Optimism

    By Andrew Taylor WASHINGTON (AP) -- Negotiations to renew a payroll tax cut for 160 million workers and jobless benefits for millions more kicked off on Capitol Hill on Tuesday, with both sides optimistic of an agreement despite last year's bitter battles over President Barack Obama's jobs proposals. Continue Reading

  • Obama To Unveil Measures To Boost Rural Jobs

    Obama To Unveil Measures To Boost Rural Jobs

    By Alister Bull (Reuters) - President Barack Obama will on Tuesday announce fresh steps to boost rural hiring on the second day of a bus tour through the heartland to explain his economic and job policies to anxious voters. Democrat Obama, who began his three-day tour in Minnesota, visits Iowa and will end... Continue Reading