Industry praises tax-cut extensions

Restaurant groups say measure will help industry recover

Industry associations voiced strong support for a bill to extend expiring tax cuts and jobless benefits that President Barack Obama signed into law Friday.

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, which extended current tax cuts for individuals for two years, was passed late Thursday in the U.S. House of Representatives by a vote of 277 to 148. The Senate approved the bill earlier this week by a vote of 81 to 19.

Scott DeFife, executiv

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