House GOP rejects 2-month payroll tax cut

(AP) - The House has rejected a plan backed by President Barack Obama to extend a 2-percentage point payroll tax cut for two months.Republicans are

WASHINGTON - (AP) - The House has rejected a plan backed by President Barack Obama to extend a 2-percentage point payroll tax cut for two months.

Republicans are demanding immediate talks with the Senate on a year-long extension. Without a bill extending the cuts, payroll taxes will go up for 160 million workers on Jan. 1. Almost 2 million people could lose unemployment benefits as well.

advertisement | advertise on News 12

Trending Video

News 12 The Bronx hit the streets to 1 Word on the Street: People who take selfies
Tips to stay commited to your fitness resolution 2 Tips to stay committed to your fitness resolution
Puerto Ricans in one Bronx community officially wrapped 3 Puerto Ricans wrap up holiday season in Kingsbridge
A 17-year-old boy was shot in the hand 4 Police: Teen shot after argument in the Bronx
Isaiah Williams is currently in the hospital recovering 5 Man recovering after deadly Boston Road crash

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE