Yet another national poll finds overwhelming support for Social Security and Medicare over other budget cuts, even if it means higher payroll taxes. Nearly two-thirds of Americans choose higher payroll taxes for Medicare and Social Security over reduced benefits in either program. And asked to choose among cuts to Medicare, Social Security or the nation’s third-largest spending program — the military — a majority by a large margin said cut the Pentagon.
Fresh on the heels of the bipartisan extension of the Bush tax policy and the introduction of a Social Security payroll tax cut, Mitch McConnell is predicting that the next area of bipartisan cooperation will focus on cutting spendi... Read Post
So here’s my balanced budget plan: — 1) Don’t cut Social Security. — 2) Don’t cut Medicare. — 3) Don’t cut defense. — 4) Don’t cut domestic discretionary spending. — 5) Eliminate the income tax. — 6) Eliminate the payroll tax. — 7) ... Read Post