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Defiant Republicans pushed legislation through the House Tuesday night that would keep alive Social Security payroll tax cuts for some 160 million Americans at President Barack Obama's request -- but also would require construction of a Canada-to-Texas oil pipeline that has sparked a White House veto threat.
Passage, on a largely party-line vote of 234-193, sent the measure toward its certain demise in the Democratic-controlled Senate, triggering the final partisan showdown of a remarkably quarrelsome year of divided government.
The legislation "extends the payroll tax relief, extends and reforms unemployment insurance and protects Social Security -- without job-killing tax hikes," Republican House Speaker John Boehner declared after the measure had cleared.Referring to the controversy over the Keystone XL pipeline, he added, "Our bill includes sensible, bipartisan measures to help the private sector create jobs."
On a long day of finger pointing, however, House Democrats accused Republicans of protecting "millionaires and billionaires, `' and Senate Majority Leader Harry Reid, D-Nev., derided the GOP-backed pipeline provision as "ideological candy" for the tea party-set.
After the House vote, the White House urged Congress on in finishing work on extending the tax cuts and jobless aid. Press Secretary Jay Carney issued a statement that didn't mention the pipeline but renewed Obama's insistence that the legislation be paid for, at least in part, by "asking the wealthiest Americans to pay their fair share" in higher tax levies.
Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News
From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election. Why is Harry Reid calling this bill "dead" and why is Obama threatening veto? Is the Keystone pipeline such a contentious issue that the Democrats would veto the other concessions made by Republicans? Do the Democrats/Liberals on this board support this bill or are you against it?
I do not like "riders" of any type attached to bills like this. Projects like the pipeline should stand on its own merits. As well as the unemployment extention, etc. This is politics at its worst. I blame both parties and the President for such games being played.
You blame Obama because Republicans intentionally included a poison pill -- screwing with struggling middle class Americans so they could tweak Obama on the nose? Really?
You blame Obama because Republicans intentionally included a poison pill -- screwing with struggling middle class Americans so they could tweak Obama on the nose? Really?
Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News
From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election.
The plan would pay for the one-year, 2 percent payroll tax cut by means-testing Medicare so that recipients making $85,000 and above have to pay higher premiums -- effectively raising $31 billion.
Another $62 billion would come from freezing federal pay for a year and making federal retirees pay more for health care.
It would raise yet another $38 billion by hiking fees on banks doing business with Fannie Mae and Freddie Mac.
Besides the controversial methods of paying for the bill, it would also stop clean air regulations estimated to save 20,000 lives, circumvent an environmental review of the Canada-to-Texas Keystone XL oil pipeline, slash emergency unemployment benefits from 73 weeks to 33 weeks, and allow states to force the jobless to prove they're not on drugs in order to get unemployment benefits.
why should social security become yet another income redistribution scheme other than to buy the votes of the many at the cost of the overtaxed?
Maybe you've read something about the economy? No? Well it's doing fairly poorly, and one way to improve it -- estimates range from .5 to 1.5% GDP -- is to stimulate the economy via a payroll tax cut.
But this the only way to compromise in a divided congressI do not like "riders" of any type attached to bills like this. Projects like the pipeline should stand on its own merits. As well as the unemployment extention, etc. This is politics at its worst. I blame both parties and the President for such games being played.
not by taking more money from the rich
its nothing more than a scheme to buy the votes of the many with class warfare.
its funny how the dems claim that tax cuts don't work for the rich but work for a bigger voting bloc
and SS never would have passed if it had been billed as a income redistribution scheme
you want social security-you pay into it
if you make me pay more I should get more benefits and you less
Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News
From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election. Why is Harry Reid calling this bill "dead" and why is Obama threatening veto? Is the Keystone pipeline such a contentious issue that the Democrats would veto the other concessions made by Republicans? Do the Democrats/Liberals on this board support this bill or are you against it?
why should social security become yet another income redistribution scheme other than to buy the votes of the many at the cost of the overtaxed?
the FICA contributions are to pay for social security. if those who expect to benefit from social security don't pay into it it won't have enough. and the dems scheme of trying to make the rich pay for other peoples' insurance contributions is both idiotic and violates the entire premise of the ponzi scheme that the dems are so proud of
You can use that warped logic and envy to continually justify anyone who makes more than the average paying more and more until they have no more than the average. You like most welfare socialists labor under the delusion that taxes should be based solely on ability to pay rather than what people use or demand in services. Your system panders to parasitic behavior and ENCOURAGES more and more government which of course is what welfare socialists wantYeah, I'm sure that people pulling in more than a million a year are going to be crushed. In fact they will end up benefitting more than anyone when the economy picks up steam.
But this the only way to compromise in a divided congress
The answer is in its name... and we have gone over this territory before.... many times.
Social Security is a program which has a double purpose in that it provides aid for individuals and provides security for society as a whole. It is NOT and IRA. To pretend to treat it as one while ignoring the societal benefits of it is to engage in intellectual dishonesty of the worst sort.
If your premise is correct - that SS is a "ponzi scheme", then getting people to put money into is is a perfect and fitting action to continue it by any means necessary. It does NOT violate your so called premise in any way but instead furthers it and aids and abets it.
Of course, despite your glaring gaffe in logic, SS is not a ponzi scheme.
Read more: House Passes Payroll Tax Cut Extension With Keystone Pipeline Provision | Fox News
From what I understand this bill gives Democrats everything they asked for (payroll tax relief, extension of unemployment insurance, Social Security/Medicare) but requires the President to make a decision on the Keystone pipeline within 60 days instead of putting it off until the next election. Why is Harry Reid calling this bill "dead" and why is Obama threatening veto? Is the Keystone pipeline such a contentious issue that the Democrats would veto the other concessions made by Republicans? Do the Democrats/Liberals on this board support this bill or are you against it?
Yeah, I'm sure that people pulling in more than a million a year are going to be crushed. In fact they will end up benefitting more than anyone when the economy picks up steam.
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