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View Diary: Insolvency, tax cuts, military spending and social security (188 comments)

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  •  Absolutely correct. It should also (5+ / 0-)

    be noted that Republicans are increasingly frothing at the mouth about SS because the time is fast approaching when SS taxpayers will stop subsidizing income taxpayers and income taxes will have to go up to redeem Trust Fund dollars. They want SS changes so that day never comes.

    Further, affiant sayeth not.

    by Gary Norton on Tue Apr 24, 2012 at 11:37:03 AM PDT

    •  They may have already gotten it. (1+ / 0-)
      Recommended by:
      Gary Norton

      The payroll tax "holiday" is an ASSAULT ON FUNDING OF SOCIAL SECURITY. First they have to put these stressors in place, then they have to degrade it so much that the public comes to hate it, and then they can start to defund it. Raising the retirement age for full benefits because of an aging population that dies later is just another fallacy they propagate.  

      I want the politicians "chased down in the streets and hung from the lampposts" just like G.H.W. Bush reportedly told Sarah McClendon.

      •  I understand your skepticism but (0+ / 0-)

        don't share it. This assault has made Americans like SS more, not less and the Ds seem to have really figured it out. I was opposed to both payroll tax holidays but understood why the Pres. pushed it.

        In the lame duck session/or the new Congress we will see a real witches brew of expiring laws: Bush tax cuts for middle class and wealthy, payroll tax holiday, doc fix, Unemployment insurance extension plus a revisit of the Buffett rule.

        I'm hoping if we win the election the President plays hard ball and if necessary allows them all to expire and then deals with the new Congress. Part of that new deal could be a lifting of the cap. But we will see an increase in revenue and it has to happen then, in the glow of the election.

        Further, affiant sayeth not.

        by Gary Norton on Tue Apr 24, 2012 at 02:32:11 PM PDT

        [ Parent ]

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