To: ROCKLOBSTER
Yep, even cheered for Bernie Sanders filibustering this bill, and now it seems other folks are seeing it for the fecal sandwich it is;
Social Security Advocates Fear Payroll Tax Cut
http://www.foxnews.com/politics/2010/12/12/social-security-advocates-fear-payroll-tax-cut/
It would cut workers’ share of Social Security taxes by nearly one-third for 2011. Workers making $50,000 in wages would get a $1,000 tax cut; those making $100,000 would get a $2,000 tax cut.
The government would borrow about $112 billion to make Social Security whole.
[May be the 2004 Bill Clinton was right about that borrowed money from China and Japan]
28 posted on
12/12/2010 6:05:14 AM PST by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
To: Son House
According to ABC news Neil Baronsky says the govt. has already spent 23.7 trillion or is on the hook for that much. How do they dare borrow any more?
At one what point is the dollar worthless?
32 posted on
12/12/2010 6:14:54 AM PST by
rodguy911
(Sarah Palin,Michelle Bachman, Marco Rubio--The unbeatable Reagan Trio !!)
To: Son House
It would cut workers share of Social Security taxes by nearly one-third for 2011.It is very discouraging to hear how many commentators have been calling this "2%" cut "a small amount." I just have to keep from crying or tearing my hair out.
As I recall, when President Bush floated the idea of "2%" of FICA into private control for younger workers, it was hailed as impossible - doom for Social Security.
35 posted on
12/12/2010 6:17:14 AM PST by
maica
To: Son House
The government would borrow about $112 billion to make Social Security whole.
How about paying back the 2.5 Trillion in IOU's the Congress owes? Start by confiscating their estates, and move to garnish their wages, retroactive for 40 years, to pay for any and every Congress member's pork barrel spending yes votes, that'll teach them.
45 posted on
12/12/2010 6:27:47 AM PST by
Son House
(The TEA Party is Going to Be Like a GI Party...Clean House!)
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