U.S. lawmakers from both parties reached an agreement payroll tax ...

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BEIJING (Xinhua) 217, according to Singapore?s ?Lianhe Zaobao? reported on the 17th, the bipartisan leaders of local time on Thursday (the 16th) announced that members of both parties to extend the payroll tax relief plan to reach an agreement, originally scheduled for the background due tax relief plan will be extended to the end of this 12, about 160 million Americans will benefit.

U.S. House Speaker John Boehner said the motion less payroll tax is expected this weekend will vote in Congress.

Payroll tax relief plan was to extend means that millions of American unemployed people can continue to dole paid to the remuneration of doctors will not reduce the care for the elderly health care plan.

Democratic and Republican parties on the payroll tax reduction plan to achieve a comprehensive agreement is not only a victory of U.S. President Barack Obama, the Republican Party to get rid of the issues enough to affect the election of its presidential candidate.

Economists point out that to extend tax cuts and unemployment benefits schemes, will be able to boost the U.S. economy.

This $ 150 billion measure will strengthen the American people?s spending power, and thereby stimulate economic growth.

Bipartisan agreement reached, the 2% payroll tax relief can be maintained in the end, long-term unemployed will not immediately lose an average of $ 300 per week relief.

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Source: http://www.finance-ol.com/2012/02/u-s-lawmakers-from-both-parties-reached-an-agreement-payroll-tax-relief-program-was-extended-to-the-end-of-the-year/

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