Tuesday, April 12, 2011

Paul Ryan in Your Pockets: Government by People Who Hate You

On Sunday, April 10, I screamed at the top of my lungs when David Gregory, one of the pundits that Dean Baker has written about claimed that Social Security and Medicare are the prime movers of the deficits. These programs are financed with FICA payroll taxes. Medicare has other sources including Part B insurance premiums which come directly out of Social Security benefits. In fact,k, the prime movers of the deficits, are the two Bush wars and the Bush tax cuts. Deficits could easily be reduced by taxing high income Americans without cutting benefits for the poor, the elderly, the disabled and for education and infrastruc­ture upgrades.
Read the Article at HuffingtonPost

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