Social Security
Experts: Contrary to Mainstream Myth, ‘Social Security is Strong’ and Could Be Made Stronger (Common Dreams)
April 24, 2012
The Social Security trust fund is in strong financial standing and the overall program could be further strengthened, say experts and lawmakers, with a simple increase of the current payroll tax cap which is currently set at $110,000. The trustee’s annual financial report was released on Monday. Most mainstream news and media outlets reported the [...]
Sanders voted against payroll tax cut (WCAX)
February 20, 2012
By Kyle Midura BURLINGTON, Vt. – Late last week Congress extended unemployment benefits and a payroll tax cut. Government estimates indicate the move should benefit about 170 million Americans and mean about a 1-thousand dollar boost in their take-home pay. Vermont’s delegation split on the matter, with Sen. Patrick Leahy (D-Vt.) voting for the bill, [...]
Vermont delegation divided on extension of payroll tax holiday (Burlington Free Press)
February 17, 2012
By Nicole Gaudiano WASHINGTON – Vermont’s congressional lawmakers split their votes Friday on legislation extending a payroll tax cut, with Democratic Sen. Patrick Leahy voting for the measure and independent Sen. Bernie Sanders and Democratic Rep. Peter Welch voting against it. The Senate approved the legislation 60-36 following approval in the House on a 293-132 [...]
Congress Extends Payroll Tax Holiday, Sends Bill to President (ABC News)
By John Parkinson & Sunlen Miller After months of negotiations, Congress finally approved a comprehensive package to extend the Social Security payroll tax credit, unemployment insurance and the Doc Fix for Medicare doctors through the end of the year, delivering the bipartisan agreement to the president for his signature Friday with less than two weeks [...]
Payroll tax bill heads to Obama’s desk (Politico)
By Seung Min Kim Congress easily passed a sweeping package that would extend the payroll tax holiday for 160 million Americans until the end of the year, sending President Barack Obama a middle-class tax cut that was considered one of his top domestic priorities. The vote in the lower chamber was 293-132. On party lines, [...]
Payroll Tax Cut: Tom Harkin Slams President, Democrats For Risking Social Security (HuffPost Politics)
By Michael McAuliff WASHINGTON — Sen. Tom Harkin slammed his own president and party for hatching the payroll tax cut deal that is expected to pass Congress Friday, saying he’s “embarrassed” the Democrats are pushing a measure that begins the “unravelling of Social Security.” The bill will extend a 2 percent break in the tax [...]
Delegation Split On Bill To Extend Payroll Tax Cuts (VPR News)
By Bob Kinzel (Host) Vermont’s Congressional delegation has split over a bill that extends the payroll tax cut for another 10 months. Senator Patrick Leahy says the legislation isn’t perfect, but will provide important tax relief for many Vermonters. But Senator Bernie Sanders and Congressman Peter Welch both say they have serious concerns about how [...]
Real conversation about economy still lacking (MSNBC)
February 2, 2012
Bernie & Sen. Tom Coburn discuss campaign finance on MSNBC’s Dylan Ratigan Show.
“I think it’s very clear to most Americans that Big Money plays an extraordinary and very negative role in the political process in this country. On issue after issue, bills that come to the floor, the American people want to move in one direction and congress moves in another direction”
Dems introduce Buffet rule (MSNBC)
February 1, 2012
Watch Bernie talk to Ed Schultz on MSNBC about the so-called “Buffet rule.”
“…when the effective tax rate for millionaires & billionaires is the lowest it has been in decades, so you have 1/4 of millionaires in this country paying a lower effective tax rate than the average middle-class person… of course it is right to ask the wealthiest people to pay more.”
Investing in America (MSNBC)
January 24, 2012
On The Ed Show, Bernie reacts to the President’s State of the Union speech.
“There’s something fundamentally wrong in our society when so few have so much and so many have so little, when the top 400 wealthiest people in this country own more wealth than the bottom half of America. So to be talking, finally, about asking the richest people in this country to start paying their fair share is an important step forward.”
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