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Congress sends tax cut bill to White House | |
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December 17, 2010 Acting with uncommon speed, Congress sent President Barack Obama sweeping, bipartisan legislation late Thursday to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years. The measure also will cut Social Security taxes for nearly every wage-earner and pump billions of dollars into the still-sluggish economy. Source: http://dailyherald.com/article/20101216/news/101219549/ |
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