Tag: social security funding

Closed up shot of TAX minus / plus buttons with text TAX RATE on calculator with background of blurred US Dollar banknotes

Where is gridlock when we need it?  Republicans and Democrats both support extending the payroll tax cut that is due to expire at the end of the year, though they have yet to agree on the details.  Fortunately, the likely compromise only extends the cut in the employee tax rate from 6.2 percent to 4.2…

FDR memorial statues of workers in a line

One could have hoped that the nation could come through this electoral season with only a nod to the desire to fix Social Security’s modest financing shortfall as quickly as possible.  Alas, that is not to be!  Instead, Governor Perry and others have big plans for fundamentally changing the nation’s primary retirement program.  The Governor…