Hill Monitor: Payroll Taxes: A Holiday Coming?

The idea du jour for stimulating the economy--a one-month "holiday" for workers and employers from payroll taxes--seems to have won over Congress the old-fashioned way: a wave of grass-roots support. Republican Senator Pete Domenici of New Mexico has been pitching the plan for the past month. But he was getting nowhere until fellow Senators began hearing from constituents. G.O.P. Senator Bill Frist of Tennessee mentioned the idea at an economic conference at Princeton and was startled by the enthusiasm it generated among business leaders and students alike. Senate G.O.P. leader Trent Lott, on a trip home to Mississippi, says the idea...

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