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Topic - Elaine Maag

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  • Sen. Charles Schumer, New York Democrat, accompanied by Sen. Chris Coons, Delaware Democrat, gestures during a news conference on Capitol Hill, Thursday, Dec. 6, 2012, to discuss efforts to "boost the economy and prevent Americans from abruptly losing their jobless benefits at the end of the year." (AP Photo/Jacquelyn Martin)

    Little interest in renewing payroll-tax holiday

    Democrats want to see tax rates go up on the wealthy; Republicans want to see cuts in entitlement programs. But neither side is trumpeting an extension of the payroll-tax cut, which is also expected to expire at the end of the year — opening the door for the federal government to dig deeper into the pockets of 160 million workers.

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