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Payroll Tax Cut

Payroll Tax Cut

Payroll Tax Cut Continuation Act
Pete Marovich, Getty Images
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Congress Approves Payroll Tax Cut

Congress has approved a measure extending the payroll tax cut. President Obama is expected to sign it upon his return to Washington, D.C.

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Win McNamee/Getty Images
Win McNamee/Getty Images
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Congress Moves Toward Ending Payroll Tax Cut Fight

WASHINGTON (AP) — Congress is getting ready to vote on extending a payroll tax cut and jobless benefits for people out of work the longest.

The House and Senate plan to vote Friday on the $143 billion package, which features two of President Barack Obama's chief ingredients for strengthening the economy

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Chip Somodevilla/Getty Images
Chip Somodevilla/Getty Images
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Capitol Hill Weighs GOP Payroll Tax Gambit

WASHINGTON (AP) — House lawmakers are returning to Capitol Hill to weigh a proposal by GOP leaders to extend the 2-percentage-point cut in the payroll tax through the end of the year and add the approximately $100 billion cost to the nation's $15 trillion-plus debt instead of scrounging around the budget for ways to pay for it

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Justin Sullivan/Getty Images
Justin Sullivan/Getty Images
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Payroll Tax RollerCoaster Hassle For Employers, Self-employed

Tax and benefit changes at the congressional level are creating a headache for small business and the self employed.

Keith Hall, tax advisor with the National Association for The Self-employed says this year it's more important than ever to keep track of what's going on.

At this point the two month extension of the payroll tax cut means an added layer of detail.

"Se

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Alex Wong/Getty Images
Alex Wong/Getty Images
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McConnell: Extend Tax Cut Short-Term And Long-Term

WASHINGTON (AP) — The Senate's top Republican on Thursday urged the GOP-led House to pass a short-term renewal of payroll tax cuts and break an impasse that threatens 160 million workers with a 2 percentage point tax increase on Jan

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Brendan Hoffman/Getty Images
Brendan Hoffman/Getty Images
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House GOP Rejects 2-Month Payroll Tax Cut

WASHINGTON (AP) — The House Tuesday rejected a plan backed by President Barack Obama to extend a 2 percentage point payroll tax cut for two months to buy time for talks on a full-year renewal.

Republicans controlling the chamber are instead demanding immediate talks with the Senate on a year-long plan

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Mark Wilson/Getty Images
Mark Wilson/Getty Images
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Boehner: House Won’t Approve 2-Mo. Payroll Tax Cut

WASHINGTON (AP) — The House intends to vote down a two-month extension of the payroll tax cut that cleared the Senate late last week, Speaker John Boehner said Monday, and request immediate negotiations on a full-year renewal that can provide "certainty for people who are trying to create jobs

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Alex Wong/Getty Images
Alex Wong/Getty Images
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GOP Leaders Hope For Agreement On Payroll Tax Cut

WASHINGTON (AP) — House Speaker John Boehner said Thursday he's confident that congressional Republicans are ready to move ahead with legislation that would continue a payroll tax cut.

"I feel confident in our ability to move ahead," the Ohio Republican told reporters after GOP leaders previewed legislation to extend the Social Security payroll tax cuts — and long-term unemployment benefits as well — in a meeting of the rank and file Thursday morning

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Chip Somodevilla/Getty Images
Chip Somodevilla/Getty Images
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In NH, Obama To Push For Payroll Tax Cut Extension

WASHINGTON (AP) — Targeting Republicans in Congress and on the presidential campaign trail, President Barack Obama is heading to New Hampshire, a political battleground, to begin a year-end push to extend payroll tax cuts

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