Detailed text transcripts for TV channel - FOXNEWS - 20130103:17:22:00
Over a lifetime, jon, the average worker will pay about $345,000 in fica taxes, and according to the urban institute they'll get back $417,000. so when you look at fica, think of it as a payment into your retirement fund. jon? jon: and then there are those who believe they'll never see that money at the end of their retirement, but that's another story. william la jeunesse in los angeles, thanks. jenna: decisions about the payroll tax cut, for example, or lack thereof are made, well, in washington, d.c., and that's where we're headed back live where you see the senate and the house both going ...