Congressional negotiators have agreed on a roughly $150 billion package that extends three major programs through the end of the year: a 2 percentage-point reduction in the Social Security payroll tax, federal unemployment benefits for the long-time unemployed and avoidance of a 27 percent cut in reimbursements for doctors treating Medicare patients.
A look at how the package would be financed:
— There would be no cuts in other programs to pay for the $100 billion cost of extending the payroll tax cut.
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