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Tuesday, February 14, 2012

It's All Politics

Can Congress Ever Restore Payroll Taxes To Their Usual Levels?

House Republicans, including Speaker John Boehner (right) and Majority Leader Eric Cantor (left), said Monday they would vote to extend the payroll tax cut.

February 14, 2012 What was once considered a normal rate will now be considered a tax hike. Reverting to the status quo is now politically dicey. That could affect Social Security's financing over the long haul.

Summary

Thursday, December 22, 2011

The Two-Way

Obama Puts More Pressure On House GOP Over Payroll Tax Cut

December 22, 2011 "What's happening right now is exactly why people get so frustrated with Washington," the president said of the latest political stalemate. "Enough is enough."

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