President Barack Obama and Vice President Joe Biden make a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House in Washington, Tuesday, Jan. 1, 2013. (AP Photo/Charles Dharapak)
Updated: Thursday, 03 Jan 2013, 4:22 PM CST
Published : Thursday, 03 Jan 2013, 4:22 PM CST
The forecast for your next paycheck is smaller, no matter how much you earn.
Among all the talk about avoiding big tax hikes, one tax is going up: the so-called payroll tax for social security. It just jumped two percent. That’s a $1,000 increase for anyone earning $50,000 a year.
What do you plan to cut out of your budget now that your paycheck is getting smaller?
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