US to extend payroll tax cut

Republicans agree to extend a payroll tax cut as US economy shows signs of a slow recovery.

Republicans have agreed to extend a payroll tax cut they held up in congress.

That means some 160 million Americans will keep a tax break of about $1.000 per family. The move also extends unemployment insurance.

Economic indicators released on Thursday show some improvement in the US economy, but for job seekers and for the American economy, things are yet to improve.

Al Jazeera’s John Hendren reports.

Source : Al Jazeera

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