Obama makes case for extending payroll tax cuts

When is congress going to take a pay cut?

Hey I am unemployed, it does not affect me, at least not until I can get a job.

steal from soc-sec......there is not much else to steal from............how did americans become so ignorant?

So why is this coming out of Social Security funding? If Obama is now a tax cutter, welcome to the party late, why not cut income taxes?

Why is it that everyone we elect into office, comes out richer than when they went in ? And the rest of us, end up more broke ! Sounds like a breakdown in the system to me !

Thomas Jefferson "The legitimate powers of government extend to such acts only as are injurious to others."

Not a liberal in the country agrees with that.

I only have one question, as an independent voter, for President Obama and democractic/republican leadership in congress...If we raise taxes on the wealthy without cutting spending in a real and substatial way immediately, how will that fix the deficit and the full faith and credit issue the government is facing? If they can answer that with solid numbers, not rhetoric, I will support it.

I LOOVE SPENDING OTHER PEOPLES MONEY

The departments of Agriculture and the Navy announced plans Monday to buy 450,000 gallons of non-food biofuels -- at a cost of $16 per gallon -- in what will be the largest federal purchase of biofuels in U.S. history.

The purchase is being authorized by an executive order under the Obama administration's "we can't wait" campaign.

Administration officials gave no indication why they're not going through Congress, instead using a program that was established to promote rapid job growth by bypassing congressional debate.

Obama is right.

American millionaires receive more than $30 billion in government subsidies each year.
The $30 billion in handouts, to put it in perspective, amounts to twice as much as the government spends on NASA, and three times the budget of the Environmental Protection Agency. ... The biggest money comes—or goes, rather—through unpaid taxes. More than 1,500 millionaires paid no income tax last year, according to federal records, mainly due to tax loopholes and savvy accountants.

Seventy-one percent of current U.S. debt was accumulated during Republican presidential terms.
Two-thirds of debt-ceiling elevations since 1960 have been signed into law by Republican presidents.
In 1961 the percentage of corporate profits paid in taxes was nearly forty-one; now it is less than eleven.
Seventy-five percent of the increase in corporate profit margins since 2001 has come from depressed wages

This is the Leftwing vision for running America. The Party who championed the greatest financial collapse since they championed the Great Depression, who helped President Obama create $1.3 trillion dollar debt.

obama, for first two years, insisted that State of Hawaii does not issue a long form birth certificate, Yet, as miracle maker as obama has been for last three years, he proudly displayed the long form, which moreless summarizes his tenure in the office for last three years; Lies. Nothing obama does is trustworthy, just like this hot aired tax garbage talk. Joos who are pulling his string must be in for another scam stealing from children and the powerless elders of America.

There's a difference between the Payroll tax and the Income Tax. The Payroll tax goes to fund direct payments to people. You put money in, and then when you retire you get checks. The INCOME tax goes to fund general activities of Government (military, diplomatic corps, national forest service, etc.). If Social Security is running low on money, then it is correct to either 1) Cut Benefits, or 2) Let rates go back to where they were. No one wants to cut benefits, so we should let Payroll rates go back to where they were before. As for Income Tax rates, if the Government is running low on money, then it should either 1) Cut spending, or 2) Let rates go back up. Now you see the difference, right? MANY MANY people are for cutting general Government spending. Also, MANY MANY people do not want to see Social Security benefits cut. That is why we should let the Payroll (Social Security) tax rates go back to where they were, but NOT let the Income tax rates go back to where they were (but cut Spending instead). Any attempt by Obama to demagogue and mix the 2 issues together is nothing more than trying to fool people with emotion and "spin" rather than looking at the facts.

I'm all for getting more money into the economy. From that standpoint....good move. But where's the money coming from? The cuts are monies that would be going to the SS trust which is already stretched. Decisions like this are exactly why we have a 15 Trillion Debt.

is this like the "shovel ready" jobs bill??? that REALLY helped....

Oblama = FAIL

The "payroll tax" also known as the "FICA tax" is the ONLY source of funding for Social Security.

Obama is raping Social Security of funding, and putting it on the fast track to bankruptcy.

Connect the dots.

Well I hope congress and obama cancels their vacation plans and try and come up with some answers we are paying them to work for us and they keep taking advantage of us.Their insider trading and you know if I cashed in stocks I would have to pay now tell me
why isn't the goverment checking into this problem Nancy P. is one of the people, and for me
they would call it tax and fine me, this is not fair why should those people we elected are free to screw us every chance they get Keep on messing with 90 thousand seniors and we will march to washington and pull them by the ears and make them tell the truth, then they can sit in a corner and we will eat the $16.00 cup cakes, then we will chase them out the door in our wheel chairs and shouting and swinging our canes yelling don't come back if you can't come back honest and pay for your mistakes, we would send Mr. Pres. to pray for his mistakes back to the muslim leader to straighten him out

Obama's problem
Compulsive lying disorder is a condition in which lying becomes a habit with the individual concerned. Such a person lies with unbelievable ease and seems to find comfort in it. Even if he is provided with hard facts, he would never acknowledge that he is lying. In fact, making him confess to his lies is next to impossible as lying feels right to him. A compulsive liar would feel awkward in telling the truth and would have no scruples of conscience about lying to one and all and about any situation however big or small.

Guess it is true - barry really does hate America's senior citizens and is doing everything he can to bring about their demise! He took $500B from medicare to fund his obamacare and promised they would be denied expensive treatment option and have to opt for a lesser expensive pain med and now he wants to steal their social secuirty too! And AARP supports this a.....hole! At least I was smart enough to dump AARP - they are supporting this traitor to American seniors with the money from American seniors!!!

SHEER STUPIDITY…Democrats and Obama who claim that they want to give me a 2% tax reduction on the payroll side, which will cause greater stress on the SS system, while then telling me that they'll pay for it by raising my income taxes? What's the difference? Instead of creating further confusion and burdening the system with their accounting tricks, why can't they just leave me alone and I'll take care of myself and my family without their meddling. Better yet, if they want to grant a payroll tax cut, then cut it altogether so that I can invest the full 6.2% as I choose. Unlike most foolish Americans, I save a portion of my earnings instead of buying cheap products from China.