WASHINGTON (Reuters) – Congressional negotiators agreed on Wednesday to a bipartisan deal to extend a payroll tax cut, which would give a victory to Democrats and allow Republicans to get out from under an issue that threatened to hurt them in the November elections. Senator Max Baucus, a Democrat, told Reuters enough negotiators from both parties had signed off on the accord to clear it for a vote by the full Senate and House of Representatives. The two chambers are expected to vote on the deal before lawmakers depart Friday for a week-long recess. …

Quoted from Congress reaches payroll tax-cut deal on Yahoo! News – Latest News & Headlines

* In 1935, Congress passed and Democratic President Franklin D. Roosevelt signed into law the “Social Security Act.” This law created “a system of Federal old-age benefits” for workers and their families. The 2012 United States federal budget was the budget to fund government operations for the fiscal year 2012, which lasted from October 1, 2011 through September 30, 2012. Get the latest news, commentary, and video for political events, politics, and the government. Taxes – Just Facts Comprehensive and meticulously documented facts about taxes. Learn about the various types of taxes, the distribution of the tax burden, economic effects, hidden taxes, and more. Tags: taxes, just, facts, Get up to the minute breaking political news and in-depth analysis on ABCNews.com. Want more charts like these? See our charts on the secrets of the jobless recovery, the richest 1 percent of Americans, and how the superwealthy beat the IRS. By Dominic Moulden "They don't even treat dogs this badly." This is the statement Heights resident and leader Robert Green made when the tenants, the Washington Legal Clinic for the Homeless, the Washington Lawyers'

Leave a Reply