Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.
Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent...
Means testing???? Then doesn't this make the contributions to SS a tax, not an entitlement? And are people not aware that there is a cap on the monthly SS benefit? Something under $2500 /month presently? So what if someone has Xmillion in assets, liquid or otherwise. If they paid in, they should get back just like anyone else.
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