WASHINGTON – An imminent battle to extend tax cuts to more than 161 million Americans next year – including 2.5 million in Colorado – could get ugly as Republicans and Democrats spend the weeks before a Christmas recess wrangling about how to pay for them.
This year, the median household, which earns $50,000 annually, saw roughly $1,000 back in its paychecks after President Barack Obama and Congress agreed to shave 2 percentage points off of what workers normally pay into the Social Security trust fund.
Articles: Legislative interim committees lay foundation for '06 session, Special state commission sets goals to improve high schools, Health care coverage hard to get for part-time, temp and contract workers, The rich reap most benefits from capital gains tax cuts, Despite low inflation, ???real??? wages remain stagnant, Congress encourages automatic enrollment in 401(k) retirement plans