Targeting the Unemployed
The House Republican leadership managed to get one thing right in its bill
to extend the payroll tax cut and unemployment benefits. The bill does,
indeed, extend the payroll tax cut for another year, but, beyond that,
there is a lot to dislike. To help pay for the package, for instance,
the bill would cut social spending more deeply than is already
anticipated under current budget caps without asking wealthy Americans
to contribute a penny in new taxes.
It also holds the expiring provisions hostage to irrelevant but noxious
proposals to undo existing environmental protections. Worse, it would
make unemployment compensation considerably stingier than it is now.
Wednesday, December 14, 2011
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