Having said that, we have been talking about extending the payroll tax cut and the unemployment insurance benefits, and the information I have says that if we extend the 2 percent payroll tax cut and the unemployment insurance benefits, that could add about 0.5 percentage points to the economic growth in 2012, and supply between 120,000 and 600,000 jobs.
Honda discusses potential economic benefits of extending payroll tax cuts and unemployment benefits.
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