The House of Representatives voted for the $858 Billion tax deal, they voted for it so it is now being sent to Obama to be signed into law. The new bill extends unemployment benfits for 13 months, cut payroll tax by 2% a year, and restore real estate tax to a lower level.
At the moment this does not affect me directly, however it will affect me indirectly through my parents and perhaps other members of my family.
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