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Fixing the Fiscal Cliff Will Hasten Entitlement Crisis

Panda Wrote: Nov 22, 2012 5:38 AM

I love how Winston--who lied for months about being a follower of Ron Paul, until we exposed him--can do no more than launch substance-free attacks without engaging intellectually. Winston, you lied for about a year regarding yourself, and I called you out thousands of times. You were caught red-handed, Little Marxist. AND YOU EXPECT ANYONE TO CARE WHAT YOU SAY NOW???? Man, that's just sad comedy.

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Fixing the Fiscal Cliff Will Hasten Entitlement Crisis

The coming fiscal cliff's mix of tax hikes and spending cuts are projected to seriously hamper economic growth over the next two years, and Congressional leaders would be wise to negotiate fixes for the problems. One of the more popular potential fixes, however, is only going to hasten the coming entitlement crisis by worsening the finances of Social Security.

A one-year extension of the employee-side payroll tax cut was passed in December of 2011. It's scheduled to lapse along with the other fiscal cliff policies in 2012. This is a particularly popular tax cut because it goes by and large...

Related Tags: Social Security Tim Geithner Entitlement Programs Congressional Budget Office Payroll tax cut Entitlements