From WSJ:
Bipartisan concerns that extending the payroll-tax cut would weaken Social Security are spilling into the open, complicating the effort to allow the tax break for workers to continue into 2012.
Sen. Bernie Sanders (I., Vt.), a leading liberal voice, last week voted against a Democratic bill to extend the tax cut. That put him in line with Sens. Jon Kyl of Arizona, the No. 2 Senate Republican, and Sen. Jerry Moran (R., Kan.), a member of the tea-party caucus.
“If you do it for two years, you know what it’s probably going to be harder to break that habit in the third year,” Mr. Sanders said, adding, “in which case you’ve got a permanent process by which you’ve cut the payroll tax and diverted huge sums of money.”
Speak Your Mind