New Payroll Tax Deal is another GOP Betrayal
Republicans “acted” like they really wanted to demonstrate fiscal responsibility last year when they rightfully wanted the Payroll tax cut to expire. At least they faked a half-hearted, limp-wristed fight before disintegrating.
This time, however, they just rolled-over like a bunch of fat, lazy “Best In Show” Westminster contestants. They just threw in the towel to get votes.
Think about this: The Republican House and their Senate collaborators stole more than $100B from the Social Security Trust Fund last year by keeping the Payroll tax cut. That Payroll tax funds Social Security and Medicare. SS will be flashing RED in less than 10 years as currently configured and Medicare is already hemorrhaging more than $400M annually. And yet Congress continues to mismanage these important programs with total disregard for America’s future.
The spineless Committees in the Republi-Dem Congress doubled down this week and took another $110B from the Trust Fund … Read More