Payroll Tax Bill Passes along with SGR for nine months
February 18, 2012
The following was taken for the website above.
After several weeks of partisan debate between the U.S. Senate and House of Representatives, both chambers finally approved a two-month extension of payroll tax breaks and the Medicare sustainable growth rate, according to a Politico report.
President Barack Obama signed the bill and urged Congress to come up with a full-year agreement on payroll tax breaks and an SGR fix — “without drama” and “without delay,” according to the report.
The measure keeps the 2 percent payroll tax cut and unemployment benefits through Feb. 2012, and Medicare payments for physicians will … Continue Reading
Via RSS
|