Lawmakers Reach Tentative Payroll Tax Cut Deal to Include UI Extension

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House Majority Leader Cantor says that lawmakers have reached a tentative “framework” for an agreement to extend the payroll tax cut and so-called “doc fix” through the end of 2012 without using any new tax increases as offsets for the package. Members of the House-Senate payroll tax conference committee still need to review the details and the Congressional Budget Office is scoring the plan, but the 20-member committee could sign off on the deal as soon as today, potentially setting up a House vote by Feb. 17.

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