A Closer Look at the GOP’s Payroll Tax Cut Deal

The Takeaway

After months of squabbling, congress has reached a tentative deal on an extension of the payroll tax cut and jobless benefits that would last until the end of the year. Initially the GOP said they would not approve an extension unless it was financed by other spending cuts, but have since rescinded that position. So what’s changed? Republican leaders now say they support an extension of those payroll tax cuts for working Americans about $ 1,000 a year for people getting a regular paycheck. But can they make that stick among conservative members who have insisted that any tax cut extension be paid for with offsetting spending cuts?
Todd Zwillich is Takeaway Washington correspondent.

Kickstart The World’s fundraising drive!

The article you just read is free because dedicated readers and listeners like you chose to support our nonprofit newsroom. Our team works tirelessly to ensure you hear the latest in international, human-centered reporting every weekday. But our work would not be possible without you. We need your help.

Make a gift today to help us raise $67,000  by the end of the year and keep The World going strong. Every gift will get us one step closer to our goal!