Kliphnote: Gas prices going up, so lets not fund Social Security.
Social Security is going broke. This is out right stupid!
Try lowering gas prices. Gas/oil is a speculative market.
Open more drilling here in the USA.
Start with the Keystone pipe line.
That is if you want to lower gas prices, many of
the left-headed Kool-aid drinkers don't want lower prices.
They want $5.00+ gas. Greeeen. Obama Cites Rising Gas Prices – Up 83 Percent Under His Tenure – Among Reasons to Extend Payroll Tax Cut
President
Barack Obama speaks to continue to push Congress to act to extend the
payroll tax cut and unemployment insurance through the end of the year,
Tuesday, Feb. 14, 2012, in the Old Executive Office building on the
White House complex in Washington. (AP Photo/Susan Walsh)
(CNSNews.com) – President Barack Obama listed rising gas prices as among the many reasons to extend the payroll tax cut Tuesday, flanked by individuals the White House promoted as being affected by $40 per paycheck the average American would lose if the tax cut is not extended at the end of February.
The payroll tax funds Social Security. Cutting the tax would reduce
funding to Social Security by $119 billion over the next year, on top of
the $105 billion reduced from funding in 2011.
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