[NavyCanDo]

Was he talking about that $13 a week that was not a tax cut but a tax deferment, which we still owe. Many are going to be shocked that they are paying this year or at best getting a few hundred less back than they did last year.

[fatnotlazy]

Yes. All these tax cuts/tax credits — sooner or later, we all have to pay for them.

He can pour perfume on it, but it's still b-s.

[andy58-in-nh]

I believe this is a nice little time bomb that is just about to blow up in Obama's face, because he intentionally failed to explain what was being done last year. Most people have not yet received their W-2 forms, but will in the next few days.

When a lot of folks go to fill out their 1040's, they'll notice the withholding amount for 2009 is a lot less than it was in 2008, or they'll eventually figure that out after checking how much they owe from the tax tables and realizing they didn't have enough withheld last year. Think people are mad now?

[Godzilla]

Was he talking about that $13 a week that was not a tax cut but a tax deferment, which we still owe.

Indeed, the minute that started showing up in my pay, I immediately adjusted my deductions to pay it right back. Last year, all the wonderful tax 'help' given ended up costing me a bundle at tax time.