Senate Democrats and the White House have agreed to pay for a bill to freeze student loan interest rates for a year by raising payroll taxes on so-called S Corporations, Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa., said on Tuesday.

WASHINGTON, DC- A debate over extending the payroll tax holiday represents a larger political debate looming over Congress. Senate Democrats want to continue giving employees and employers a break on social security taxes.

WASHINGTON, DC- A debate over extending the payroll tax holiday represents a larger political debate looming over Congress. Senate Democrats want to continue giving employees and employers a break on social security taxes.

With little time remaining for action by the current Congress, Senate Democrats stepped up pressure on Monday on Republicans to support ratification of the New START nuclear treaty with Russia, saying it was critical for U.S. security.

With little time remaining for action by the current Congress, Senate Democrats stepped up pressure on Monday on Republicans to support ratification of the New START nuclear treaty with Russia, saying it was critical for U.S. security.