What does $40 mean to you?

What does $40 mean to you? That's what the White House wants to know, after Congress failed to pass an extension to the payroll tax cut.

Obama administration officials say that's the amount of money that could be taxed out of the average American's paycheck.

A plan to extend the tax cut has stalled in the House of Representatives. The deadline to extend the cut comes at the end of December.

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