Congress Hopes To Wrap Up Work On Payroll Tax Cuts

AP
payroll tax cuts congress
payroll tax cuts congress

By Andrew Taylor


WASHINGTON (AP) -- Capping a full retreat by House GOP leaders, Congress will convene Friday in hopes of approving a stopgap measure renewing payroll tax cuts for every worker and unemployment benefits for millions - despite serious opposition among some tea party Republicans.

Friday's unusual session, if all goes according to plan, will send a bill to President Barack Obama to become law for two months and put off until January a fight over how to pay for the 2 percentage point tax cut, extend jobless benefits averaging around $300 a week and prevent doctors from absorbing a big cut in Medicare payments.