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Senate Votes on Tax Bill

The Senate voted on December 13 to go forward with the bill that will extend the time during which long-term unemployed workers may apply for extended unemployment benefits. The bill also extends many tax benefits to low- and middle-income households, including the CTC and EITC refundable tax credits. A “holiday” from payment of a portion of the Payroll Tax will also be helpful to most taxpayers. As the bill is written, it will not endanger