In it, but not of it. TPM DC

It's A Wrap: Congress Finalizes Payroll Tax Cut Deal


Unemployment benefits will be paid for with adjustments to the federal retiree pensions formula and also with a spectrum auction of wireless bandwidth.

The Medicare "doc fix" will be offset with health spending cuts including a small slice of the Affordable Care Act and reimbursement cuts to some Medicare and Medicaid providers. Democratic aides say the pay-fors won't in any way affect benefits or coverage.