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FBN's Peter Barnes on the ongoing debate in Washington on increasing and expanding payroll tax cuts.
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Send a payroll tax cut let's bring in Peter Barnes now from Washington last more on this.
And the battle over this payroll tax issue.
-- Shibani Charles the senate Democrats are about to release a new compromise on this idea to to.
Increase and expand the payroll tax cut as well as -- extend.
-- -- to extend and expand the payroll tax cut in the next year as well as extending unemployment.
Benefits they're going to expire and so the president coming out here to try to put pressure on Republicans have tried to.
Come to the table.
On this package let me give you some of the details we've heard off of the hello cost a 180 billion dollars that is down from the package last week that failed in the center of 265.
Billion dollars the Democrats.
Here dropping the provision to cut payroll taxes for employers as well lot of Republicans -- that say it doesn't work.
The pay force here include a smaller surtax on millionaires we are told by hill sources as well as new means testing for some got government benefits.
For wealthier taxpayers like those I was shocked -- it.
Apparently there are some wealthy taxpayers millionaires against the food stamps and unemployment benefits where we're gonna wait for more details on this but.
The president here trying to Pacific and pick off some Republicans but some Republican votes in the senate where you need sixty votes not been.
Yet been through without sixty votes these days and and and this did not get through last week so we'll see if this works -- question since lot Peter Barnes.
