Well, I can safely say that the payroll tax cut is ‘in process’ – other than that who knows? The parties are still playing politics as usual so nothing has happened. See this article in the New York TImes by Jennifer Steinhauer and Jonathan Weisman:
http://www.nytimes.com/2012/02/08/us/politics/in-congress-talks-on-payroll-tax-cut-extension-at-impasse.html
Remember only $18350 in wages per employee is allowed the 2% tax cut.
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