payroll tax cut

300-medicare-cuts
If Congress doesn't pass an extension bill by Jan. 1, payroll taxes will go up for 160 million workers, almost 2 million people could lose unemployment benefits and doctors could see a 27.4 percent pay cut from Medicare. But with the end of 2011 fast approaching"”and lawmakers already having left Washington for the holidays"”that's looking like less and less of a possibility.
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