Ummm. I consider myself a conservative, but since both myself and my husband are unemployed (not on purpose) the payroll tax cut does nothing to help us.
Extending the tax cut, for 2 months or 2 years, means that folks will NOT be contributing anything to Medicare and SS.
Not that the SS ‘fund’ is in good shape, because it isn’t, but how will further depleting it help that situation?
I did read that no one including Obama can ‘touch’ (plunder, raid) the SS ‘funds’. If this is true, extending the cuts only makes him look like a hero, and he will be free to raid all the funds from other taxes, like the one being added to mortgages and refis.
I don’t think the payroll tax cut should be extended at all and Boehner and friends need to explain loudly and clearly to the American taxpayer why.
Obama is a master flim-flam man and this is the first and only compliment I will ever pay him. He has thoroughly flim-flammed the Republican establishment over this issue and they are buying it, hook, line and sinker.
OK. Your points are well taken and very worrisome.
I also understood Boehner to say that by the House defeating the 2-month extension bill, they intend to ask for more spending cuts in negotiating a different bill.
Boehner made his stand after conferring with mostly Tea Party freshmen Representatives. They are still green and don’t understand the wily ways of the opposition. Now, as has been said, the Dems will win political points.
Boehner has basically been had by the Tea Party. It’s not easy being GOP these days.