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.

About The Author


Sahil Kapur is TPM's senior congressional reporter and Supreme Court correspondent. His articles have been published in the Huffington Post, The Guardian and The New Republic. Email him at and follow him on Twitter at @sahilkapur.