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Dems Want To Put Off Payroll Deal For 2 Mos.

From an approving Associated Press:

Shutdown likely averted as tax talks go on

December 16, 2011

WASHINGTON (AP) — Congress appears on track to avert a government shutdown this weekend, even as President Barack Obama’s push to extend a payroll tax cut and jobless benefits for another year is encountering snags.

Actually, the headline puts it more accurately. This battle has always been about taxes, and specifically, the Democrats trying to find a way to increase taxes on ‘the rich.’

Those hiccups in finding spending cuts to pay for extending a 2 percentage point cut in Social Security payroll taxes and jobless benefits for millions have prompted Democratic leaders to suggest just a two-month, $40 billion extension of expiring tax breaks and jobless benefits might be needed.

You see, it is just a "hiccup" to try to pay for these $140 billion dollar gifts. (The payroll tax cut cost Social Security $105 billion dollars last year.)

But the Democrats are only too happy to drag this out for a few more months and to have this debate again closer to the November elections. They think this pits the ‘middle class’ against ‘the rich.’ Which is the core of their campaign strategy.

Ultimately, the Democrats want to find a way to have ‘the rich’ pay for the Social Security benefits of the ‘non-rich.’ Meanwhile, many of the non-rich pay no federal taxes at all. And now they can’t even be expected to pay for their own Social Security.

Senate Majority Leader Harry Reid, D-Nev., told reporters Thursday night that he was still optimistic that bipartisan talks on yearlong extensions of the Social Security payroll tax cut and unemployment coverage would succeed. But as a "Plan B," he said, they were working on a two-month extension as well, which would also prevent cuts in Medicare reimbursements for doctors during that period…

A courageous approach that is also known as kicking the can down the road.

A deal on the $1 trillion-plus spending bill was reached after Republicans agreed to drop language that would have blocked President Barack Obama’s liberalized rules on people who visit and send money to relatives in Cuba

The Democrats will always go to the mat for their heroes in Communist Cuba.

But a GOP provision will stay in the bill thwarting an Obama administration rule on energy efficiency standards that critics argued would make it hard for people to purchase inexpensive incandescent light bulbs

Oh, those zany "critics" who think banning 100 watt bulbs will make it hard for people to purchase them. (But just look at the priorities of the two parties.)

The two-month extension would let lawmakers revisit the measure after returning to Washington after the holiday season.

We certainly would not want to cut into their "holiday season."

That could be risky because that work would come well into the 2012 presidential and congressional election year

And don’t think for a moment that this isn’t the plan.

At Obama’s insistence, Congress cut the 6.2 percent Social Security payroll tax to 4.2 percent this year in an effort to stimulate the economy with more consumer spending.

What a hero Obama is. By the way, has the economy been stimulated by this 2% cut?

Also, we have been previously told that the payroll tax was cut to encourage employers to hire more. Are they finally abandoning that argument since it is clear that is never worked, nobody was hired because the payroll tax was cut by 2%?

The president has proposed deepening the cut to 3.1 percent next year, but Republicans have only shown a willingness to renew it at this year’s level.

Lest we forget, this is the only source of funding for the so-called Social Security Trust Fund. The 2% cut has already blown a $100 billion dollar hole in Social Security. Whatever happened to the notion that Social Security is the ‘third rail’ of American politics?

Obama also wants to leave in place a system that provides aid for up to 99 weeks for the long-term unemployed. The House-passed measure reduces the total by 20 weeks, a step that the administration says would cut off 3.3 million individuals and that Democrats are hoping to soften if not reverse

Once again, notice how the AP phrases this. In fact, Obama is pushing to extend unemployment benefits — yet again. The House is offering to compromise to a lesser extension.

But the AP tries to make it sound like the Republicans are actually cutting unemployment benefits that are already in place.

The propagandists at the AP never take any time off for the holidays.

This article was posted by Steve on Friday, December 16th, 2011. Comments are currently closed.

2 Responses to “Dems Want To Put Off Payroll Deal For 2 Mos.”

  1. River0 says:

    How massively ironic is it that while Rome is burning (figuratively, in the sense that Italy can’t fund its debt and teeters on the edge of bankruptcy) and the entire EU is circling the drain, we are following in their footsteps?

    The problem is just as much a lack of productivity as it is the over promising of entitlements. We’re just like the EU in our insane regulations, laws, and mindless government interference of industry.

    We must have a 4-5% growth rate to survive. Presently we’re below 2%. Thank you, Alien in the White House, Demonic Party, and GOP ‘progressives’.

  2. canary says:

    GE light bulbs are now made in Mexico have doubled in $ price to discourage citizens from buying them.
    GE has moved 6 companies ($ billions) of highest tech items to China.

    There is a USA company making light bulbs, however….
    however the stores seem to be only buying their low wattage bulbs, to discourage consumers from buying them. Found 1 60 watt package and no doubt they were smashed intentionally buy a global nut.

    And I always notice broken dangerous toxic light bulbs in the isles and I guess employees don’t know the regulations in regards to the poison they release.

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