Thursday, December 22, 2011

House GOP makes deal to pass 2-month payroll tax cut extension

House GOP makes deal to pass 2-month payroll tax cut extension: Speaker of the House John Boehner, R-Ohio, said he reached a deal to end an impasse with Democrats over a two-month extension of the payroll tax cut.
As of late Thursday, the proposal still included a 10-basis-point increase in the guarantee fees charged by Fannie Mae and Freddie Mac. The Congressional Budget Office said the increases [...]

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