Tuesday, December 13, 2011

Payroll tax cut passes House with guarantee fee increase

The House voted 234-193 Tuesday evening to extend payroll tax cuts and jobless benefits, paying in part for them by increasing guarantee fees collected by government-sponsored enterprises.
Representatives voted mostly along party lines, with most Republicans supporting the bill.
HR 3630 includes a provision to up guarantee fees charged by Fannie Mae and Freddie Mac "not less [...]

Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/i1y1gj3wD7g/payroll-tax-cut-passes-house-with-guarantee-fee-increase

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