House Passes Payroll Tax Cut Extension, America Still Screwed
Do you ever get the feeling like we've been here before? You should, because we have.
The U.S. House of Representatives passed legislation that would extend an employee payroll tax cut for one year while freezing pay for federal workers, restructuring unemployment compensation and speeding approval of a Canadian pipeline that would stretch to Texas.
Today’s 234-193 vote sends the $202.4 billion measure to the U.S. Senate, where Majority Leader Harry Reid, a Nevada Democrat, has said it won’t advance. The Senate may vote on blocking the House measure this week before negotiations begin on legislation that would have a better chance of clearing both chambers of Congress and being signed by President Barack Obama.
Come on now, are they really not going to squeeze through all the stimulus they can ahead of an election year?
The problem with these "temporary" stimulus measures is that someone forgot how broke Social Security is. At some point, we're going to have to figure that out, election year or not.
I'm as voraciously anti-tax as the next right-leaning hawk but at some point, my patriotism takes over and I'm compelled to ask when we as Americans stopped being willing to do our part. Sure, the government is in shambles and we spend something like 40 cents of every dollar of tax money collected just to pay down our ever-growing debts (which are officially mathematically impossible to pay off, even if the government seized every dollar in circulation to do so) but when did we lose the uniting goal of keeping our country afloat? What happened to buying savings bonds? Signing up for war? Helping thy neighbor?
Where's THAT America? I'd give up all the tax cuts in the world to find her again.