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Friday, February 17, 2012

Will They Extend Unemployment Again???

Congress could vote as early as today on a bill to cut the payroll tax and extend unemployment benefits. The extension has a price tag of $30 billion. The bill has a way to help pay for it. Newly hired federal workers would contribute 3.1 percent of their salaries towards retirement. The current rate is 0.8 percent. The bill has widespread but not complete support in both houses.

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