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Showing posts with label entitlement. Show all posts
Showing posts with label entitlement. Show all posts

Thursday, December 8, 2011

Payroll Tax Cut, Unemployment Extension, and the Funding Debate

Democrats led by President Obama and Senator Harry Reid (D-NV) are pushing Senate and House Republicans to pass a key component of Obama's Jobs bill, the so-called payroll tax cut extension.  At first glance, it may seem absurd that Republicans are passing on the chance to lower taxes without being blocked by Democrats, but the real fight isn't over whether or not to extend the cuts, but how to fund them.