Politics
2:00 pm
Tue December 20, 2011

House Rejects Senate's Payroll Tax Extension

The House blew up the end-of-year deal to extend the payroll tax holiday, but it insists it's the Senate's fault. If both chambers fail to forge a compromise, taxes go up, unemployment benefits expire and payments to Medicare doctors get cut by 27 percent — all starting Jan. 1.

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