Congress sends payroll tax cut bill to Obama

[Headliner]

In bipartisan vote, House, Senate send Obama bill to extend payroll tax cut and unemployment benefits through 2012<div class=feedflare>
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[Jazzy]

WASHINGTON (AP) — Congress on Friday approved legislation renewing a payroll tax cut for 160 million workers and jobless benefits for millions more, backing the main items on President Barack Obama's jobs agenda in a rare burst of Washington bipartisanship.



Obama is expected to sign the $143 billion measure shortly after returning from a West Coast fundraising swing.



Under the bill, workers would continue to receive a 2 percentage point increase in their paychecks, and people out of work for more than six months would keep jobless benefits averaging about $300 a week — steps that Obama says will help support the fragile recovery from the worst economic downturn since the Great Depression.



Passage of the legislation hands Obama a victory over objections from many Republicans who oppose it but were eager to wipe the issue from the election-year agenda.



Full article: http://news.yahoo.com/congress-sends-payroll-tax-cut-bill-obama-172026638.html