Congressional leaders have reached a tentative compromise to extend the payroll tax cut through the end of 2012, saving families who make $50,000 a year an estimated $1,000 annually. The plan would also stop benefits for the long-term unemployed from expiring next month, as well as blocking a cut in reimbursements to doctors who accept Medicare. Republicans dropped several controversial provisions, including one that required jobless people to pursue high school equivalency degrees in order to receive aid.
Congress Reaches Tentative Deal on Payroll Tax Cut
HeadlineFeb 15, 2012