WASHINGTON (AP) — House Republicans are drafting legislation to renew an expiring unemployment benefits program, officials said Thursday, and intend to add it to a planned extension of a Social Security payroll tax cut due to run out on Dec. 31.

The measure is expected on the House floor as early as next week, and marks the second sign in as many days that lawmakers in both parties are eager to close out the year with a compromise on key elements of President Barack Obama's jobs program.

Republican officials say the cost of the extension of both programs will be covered within the measure, making sure deficits don't rise as a result.

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