Not exactly an Obama triumph, if that's the case.
The House GOP always had a great weapon which they never used...
Obama wants a 2 month tax cut.
The House GOP wants a 12 month tax cut.
From the Boehner statement:
“.....The Senate will join the House in immediately appointing conferees, with instructions to reach agreement in the weeks ahead on a full-year payroll tax extension.”
It does not sound like a cave to me. Once the Senate adjorned, it limited the options of what the House could do.
Call it what you want but it is a RAID ON THE SOCIAL SECURITY TRUST FUND!
PERIOD!
Now all they have to do is continue the underfunding of SS and then they will declare it also has to be bailed out but in order to do so they have to eliminate the trust fund and fund SS directly from the General Revenues Fund (income taxes). So under the new structure it is welfare for seniors and it will be a one size fits all, the lowest common denominator. Since it won’t be enough, they will have to raise income taxes even more.
Has anyone ever wondered why someone on the R side of the aisle is not making this point? As always, the establishment is playing both sides and We The People are the stuffing in the sandwich.
F’em All!