Senate approves two-month extension of payroll tax cut
December 17th, 2011
01:00 PM ET
3 years ago

Senate approves two-month extension of payroll tax cut

Washington (CNN) – Senate lawmakers on Saturday voted overwhelmingly to extend the payroll tax cut by another two months, after both sides were unable to reach a comprehensive agreement to extend the cuts and unemployment benefits for a full year.

The measure is the latest in a series of last ditch temporary fixes, postponing another legislative showdown between lawmakers until February, when the bill's provisions are set to expire.

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Filed under: Senate • Taxes