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US Congress extends payroll tax cut

Published by Punch on Mon, 20 Feb 2012


Congress on Friday passed legislation extending a tax cut for 160 million workers through December and continuing long-term jobless benefits, handing President Barack Obama a major victory in this election year, Reuters reported. In two quick bipartisan votes, the House of Representatives passed the measure 293-132, and minutes later the Senate passed it 60-36.The legislation
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