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Senate Republicans propose plan to pay for payroll tax cut [View All]

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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 06:43 PM
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Senate Republicans propose plan to pay for payroll tax cut
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Source: CNN

Washington (CNN) - In an effort to offset the cost of extending the current payroll tax cut for one year, Senate Republicans on Wednesday proposed freezing federal salaries, reducing the federal work force and keeping millionaires from getting food stamps and unemployment benefits.

The proposal would raise the $120 billion to cover the payroll tax and would bring in an additional $111 billion Republicans say would be used to pay down the nation's debt.

Details of the GOP plan came a day after party leaders first publicly embraced continuing the tax break, which many complained was not successful in stimulating the economy.

"It's important to underscore, however, that the only reason we're even talking about extending a temporary cut in the payroll tax is because President Obama's economic policies have failed working Americans," Senate Minority Leader Mitch McConnell, R-Kentucky, said in a statement.

Read more: http://politicalticker.blogs.cnn.com/2011/11/30/senate-... /
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  -Senate Republicans propose plan to pay for payroll tax cut Freddie Stubbs  Nov-30-11 06:43 PM   #0 
  - "keeping millionaires from getting food stamps and unemployment benefits."  OhioChick   Nov-30-11 06:45 PM   #1 
  - What's outrageous is, if this really is true ...  zbdent   Nov-30-11 06:52 PM   #3 
  - Yes they can.  former9thward   Nov-30-11 07:07 PM   #7 
  - I never knew this practice existed....  OhioChick   Nov-30-11 07:23 PM   #8 
     - There are also millionaires collecting unemployment  former9thward   Nov-30-11 07:29 PM   #9 
        - Pure greed......  OhioChick   Nov-30-11 07:41 PM   #12 
  - it's based on income, not net worth... see link below..  IamK   Nov-30-11 07:53 PM   #13 
  - I read that and looked back to see the source (CNN), thinking it was someone being  karynnj   Nov-30-11 08:10 PM   #14 
  - Yes - the rules were changed to look at just income and not assets  Yo_Mama   Nov-30-11 08:12 PM   #16 
  - Are food stamps based on assets or income?  Yupster   Nov-30-11 08:44 PM   #18 
     - Many states have eliminated the asset test  Yo_Mama   Nov-30-11 09:22 PM   #21 
  - Yep that will fucking do it.  Autumn   Nov-30-11 06:48 PM   #2 
  - The Senate republicans can donate all their salaries  Rosa Luxemburg   Nov-30-11 06:55 PM   #4 
  - Fuck you......  Swede Atlanta    Nov-30-11 07:01 PM   #5 
  - It's part of the NorquistRepublican plan  atreides1   Nov-30-11 08:10 PM   #15 
  - This proposal also involves means-testing Medicare premiums.  blueclown   Nov-30-11 07:05 PM   #6 
  - Oh, Wow!  DallasNE   Nov-30-11 07:38 PM   #10 
  - I wonder why....  dennis4868   Nov-30-11 07:38 PM   #11 
  - Well, the Dem plan wouldn't even come close to covering it  Yo_Mama   Nov-30-11 08:24 PM   #17 
  - I think the idea is that  Yupster   Nov-30-11 08:49 PM   #19 
  - Exactly - how can we ever get out of it?  Yo_Mama   Nov-30-11 09:01 PM   #20 
  - "Increasing Subsidies To The Wealthy"  DallasNE   Dec-01-11 01:05 AM   #22 
  - Wait, wait, wait just one hot minute!!!  SKKY   Dec-01-11 02:28 AM   #23 
  - Maddow explained this nonsense last night...  and-justice-for-all   Dec-01-11 09:47 AM   #24 
 

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