Fear of Falling: What Will Going Over the Fiscal Cliff Mean to You?

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  • Unemployment Insurance
  • Government Jobs
  • Payroll Tax Holiday
  • Social Security
  • Higher Taxes for More
  • Ripple Effect
  • Got Milk?
  • Spending Cuts
  • What's At Stake?
  • Unemployment

Payroll Tax Holiday

Deal or no deal, lawmakers are likely to allow the temporary Social Security payroll tax holiday to expire and the rate will increase by 2 percent. That means an average $40 less per paycheck.

(Photo: Mark Wilson/Getty Images)

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