Payroll Tax Cut And Unemployment Benefit Extensions Approved By Congress
Some say its just a 2 month band aid, and not a long term fix. All I can say is “YEAH!”.
160,000 million working Americans will get to keep $40 in their take home pay for two more months, and the unemployed who have been out of work for a long time will be able to keep some sort of income coming in for another two months as they struggle to find jobs to replace the ones they lost this year.
We really needed a longer fix than just two months to be honest, but there was no way at this late hour that the Democrats and Repulicans were going to hammer out a long term deal before Christmas.
I hope they get back early in January and work on long term extensions to these 2 issues that benefit the middle class during a hard time with no relief in sight at this time. Here’s the story with all the political twists and turns.