Payroll tax cut
• Price tag: $33 billion.
• Paid for by: Increasing home loan guarantee fees charged to mortgage lenders by Fannie Mae, Freddie Mac and the FHA.
• Renews: Federal benefits for long-term unemployed through Feb. 29.
• Retains: 4.2 percent rate for Social Security payroll taxes paid by 160 million workers through Feb. 29.
• Prevents: 27 percent cut in Medicare payments to doctors; extends other health care fees through Feb. 29.
Associated Press
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