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A temporary, one-year reduction in the FICA payroll tax. The normal employee rate of 6.2 percent is reduced to 4.2 percent. The rate for self-employed individuals is reduced from 12.4 percent to 10.4 percent. The negative revenue impact of this measure was estimated at $111 billion.
7-Eleven SpeakOut Wireless. 7-Eleven SpeakOut Wireless is a mobile virtual network operator brand for prepaid wireless service. The brand was launched in April 2003 by the 7-Eleven convenience store chain in the United States, and expanded to Canada in November 2005. 7-Eleven SpeakOut ceased operating in the United States in 2010.