Just in time for Christmas, the U.S. House of Representative, U.S. Senate, and President Barack Obama signed into law the short-term extension of the payroll tax cut and federal unemployment benefits. The law also prevented a big pay cut to Medicare doctors.
While the move did ensure that 160 million American workers would not see a reduction in paychecks, the move only sets up another extension battle after the cut is now set to expire on February 29. Only Congress and President Obama could set up a battle forcing them to agree no later than a Leap Year date as it feels like they only agree once every four years.
The bad thing is this is an election year and all parties involved will politicize the next payroll tax extension until the bill nearly expires then pat themselves on the back because of how they brokered a deal to likely extend this thing another two months. I just wish both parties would stop worrying about politics and start worrying about how to do things best for the American people.
A lot of these folks talk out of both sides of their mouths and it’s getting old. President Obama says he wants to cut debt but only has a plan for $1.5 trillion in 10 years while our country likely adds that much debt back on the U.S. National Debt Clock in just two years.
The GOP says it doesn’t want any more earmarks yet stuffs a measure in the latest payroll tax cut bill to force President Obama to expedite his decision on whether to allow construction on a 1,700-mile Keystone oil pipeline. Though a funding amount wasn’t attached to make the measure a true earmark, it was still stuffed in the bill to force President Obama to make a decision. Since the payroll tax cut issue and oil pipeline are two separate things, the two should have never been combined into one law.
It’s this same type of politics that have put our country in the financial situation it is in today.
Hopefully, President Obama and Congress can put politics aside during a presidential election year to get some things done for our country. Unfortunately, this doesn’t appear likely to happen anytime soon and all parties will be blaming each other through November resulting in nothing productive getting passed.
These folks are elected by we the people; I just wish these politicians would truly look out for you and I instead of themselves. I’m still longing for the day of term limits on the federal level.
Thank you for the compliments
I just want to say thank you to the many readers who in recent months have given me compliments on some of the editorials I have written on our “Commentary” page.
I don’t do my job to get a “pat on the back” but I won’t turn one down when it comes my way. I am human and who of us doesn’t like to get compliments?
I try my best to soak in a lot of information every week and write about a topic I feel will be beneficial to our readers. The topics might include what’s talked about at the water cooler on Mondays, something that emotionally has made an impact on me, or might be about something most readers will soon be hearing about in national news around the time we go to press. When I write my editorials, I also make an effort in most cases to back up what I’m saying with sources or statistical data that will help make my point for me. It’s one thing for me to just rant about a topic, it’s another thing for me to back it up.
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