Payroll tax cut agreement bill may soon go to President
Richmond, VA — RICHMOND, VA (WWBT) - Your paycheck won't be going down, thanks to lawmakers.
Congressional negotiators have reached a tentative agreement on extending the payroll tax cut through the rest of the year.
If passed, the payroll tax cuts would allow the average worker to keep about $20 a week.
A two percentage-point cut in the Social Security payroll tax would be extended through the end of the year.
Jobless benefits for the long-term unemployed would be renewed as well.
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Information from WWBT NBC12