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May 22, 2024

House Votes On Tax Cuts and Unemployment Benefits Extensions, Turns Down Both

December 10, 2010 Mark Ryabtsev 7

Earlier this week, President Obama and the Republican Party came together and agreed on a package deal that would extend the Bush era tax cuts for all American citizens for the next two years, extend the unemployment benefits as spelled out by the 99 Weeks extension for another thirteen months, reduce the payroll tax by two percent until 2012, a decrease the estate tax as well, and an extension of tax breaks for college students and their families. (…)

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