Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Democratic Bill Offsets Payroll Tax Cut With Fannie, Freddie Fee

Democrats in the U.S. Senate are proposing to raise the fees Fannie Mae and Freddie Mac charge to lenders to offset the $185 billion cost of extending and expanding a payroll tax cut for workers into 2012, according to a summary released by Senator Robert Casey.

The legislation would also impose a 1.9 percent surtax on income over $1 million, which is lower than a 3.25 percent surtax Democrats had previously proposed.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.