2.17.2012

Senate approved bill to extend payroll-tax cut

Senate lawmakers on Friday approved a bill to extend the current 4.2%
payroll tax through the end of 2012. Senators approved the bill by a
vote of 60-36.

The measure also extends prolonged jobless benefits and prevents
payment cuts for Medicare doctors.

The House approved the bill earlier Friday and it now goes to
President Barack Obama for signature.

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