End of payroll tax cut risks economy and jobs
The expiration of the Social Security payroll tax cut and long term unemployment benefits could remove about 165 billion dollars from the 2012 economy, raise taxes for the average family by about 1000 dollars, and cut growth by about one percentage point if Congress does not act.
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Washington
Congress
Michael Hanson
U.S
Bank of America Merrill Lynch
Federal Reserve
The
Econ
Omy
Barack Obama
Obama
White House
Jay Carney
House
John Boehner
Ohio
Nonpartisan
Tax Policy Center
New charges could raise bail for Penn State coach Sandusky
Former Penn State assistant football coach Jerry Sandusky could face higher bail if new accusers surface and prosecutors file additional charges. Sandusky, awaiting trial on sexual abuse charges involving eight boys over 15 years, was released on a $100,000 unsecured bail. Judges in Centre County recused themselves amid conflict concerns, with John M. Cleland appointed to take over the case.
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Harrisburg
Penn State
Jerry Sandusky
Sandusky
Joe Amendola
ABC
Good Morning America
Amendola
Associated Press
Lemoyne
Bill Costopoulos
Common Pleas
Centre County
Pennsylvania Court System
Administrative Office of Pennsylvania Courts
University
John M. Cleland
McKean County
Kathy A. Morrow
Cleland
Interbranch Commission On Juvenile Justice
Luzerne County
Cleland Nor
Morrow
Perry
Juniata
State College
John Doe
Congress moves to renew payroll tax and jobless aid
Congress faces year end votes on extending the payroll tax cut for workers, extending long term unemployment benefits, and protecting doctors' Medicare payments. The issues, costing hundreds of billions, hinge on a divided House and Senate and the looming New Year deadlines.
MENTIONED IN THIS ARTICLE
Washington
Congress
Steve Bell
Senate
Bipartisan Policy Institute
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Christopher S. Rugaber
PSU
San Pedro
Los Angeles
Joseph Minarik
Committee For Economic Development
Manchester
N.H
N. Ridge RD
Lorain County
Childre
Detroit Rd
Sheffield
Drugmart
Borainccc.edu
FAO Ulmunity College
the University Partnership
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