WASHINGTON — A tax cut that reaches 160 million Americans and government aid for the long-term unemployed will expire at the end of the year – sucking $165 billion out of the economy next year – unless Congress takes action.
Economists hoped the so-called congressional supercommittee would decide whether to extend both measures. But the committee couldn't even agree on how to reach its main goal, cutting $1.
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Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
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