...the problem is that many companies/institutions close the pay period and issue pay stubs well in advance of the pay date. For example, I'm paid on the 1st of the month, but my January 1 pay check is for a pay period that ends December 22 (this Thursday), and by the evening of December 23 I will have an electronic pay stub waiting for me that shows my Social Security deduction for January 1. If Congress extends the tax holiday on, say, December 27, that doesn't leave much time to update the system, re-issue all the pay stubs, and change all the direct deposit information with the banks. Not impossible, but not a real friendly after-Christmas gift to throw to all the HR departments all across the country. And it's no way to run the world's largest economy.