When it comes poltical posturing, the current fight over extending this year’s payroll tax cut is a classic(Read More)
TheDC asked Boehner if he agreed with Social Security Trustee Charles Blahous, a White House appointee who recently wrote that extending the payroll tax cut could harm the current state of Social Security by moving the program away from a “benefit” earned by worker contributions.
“I do not agree with it, and I believe that offsetting the Social Security tax break for next year, offsetting it with reductions in spending that will be used to transfer to the Social Security Trust Fund, is a responsible way to proceed,” Boehner told TheDC at his weekly press briefing on Thursday.(Read More) “reduction in spending” when has that ever happened in Congress???
After decades of monstrous lies about Social Security, Democrats have finally blown the cover off their stratagem. They have always proclaimed that our payroll taxes were held securely in a trust fund in order to purvey retirement checks for each pay roll tax contributor. Moreover, they emphatically promised that as much as $2.6 trillion in unspent tax revenue had accrued in the trust fund. Now, with their push for a defacto permanent payroll tax cut, they are shedding all effort to conceal their Social Security mendacity.
Tell Congress to stay away from Social Security funds. (Read More)