WASHINGTON (Reuters) – The Senate on Saturday approved a $1 trillion bill to fund the government and a two-month extension of the payroll tax cut, putting a cap on a contentious political year but setting up a fresh battle for 2012. Democrats and Republicans were unable to agree on how to cover the cost of extending payroll tax cuts and long-term unemployment benefits for a full year, as President Barack Obama requested. …

Quoted from Senate passes payroll tax cut, spending bill on Yahoo! News – Latest News & Headlines

The Senate on Friday morning quickly approved a slightly amended bill that extends the payroll tax holiday and unemployment insurance for two months, and also prevents a planned cut to Medicare The Senate on Saturday approved a two-month extension of the payroll tax cut, teeing up another partisan fight early next year over President Obama's favored tax break as well as a separate battle The would be mandatory for all Vermont employees. Employers would have the option to pay some or all of the employee’s 0.1% share of the . A Vermont household making the median income ($58k/year), U.S. Senate passes payroll tax The U.S. passed legislation on Saturday extending a Social Security cut and jobless benefits for just two months, handing President Barack Obama a partial victory while setting the Tags: senate, passes, payroll, budget, Apparently unable to reach a long term agreement, the today passed an extension of the cut that does nothing but kick this issue down the road about 45 days at the most: Republicans passed its reform bill, the Cuts and Jobs Act, in an early morning vote. To garner support, Republicans made significant amendments to the bill, including increasing deductions on business income for Short-Term Cut Extension Fox News Majority Leader Harry Reid, accompanied by Senator Patty Murray (D-WA), Majority Whip Dick Durbin (D-IL), and Senator Chuck Schumer (D-NY) They speak to reports

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