Goodbye to One Tax Cut

In addition to the Bush tax cuts, which expire at the end of this year, President Obama reduced the withholding tax paid by individuals on their Social Security by 2% to stimulate the economy. The President's 2013 budget does not propose continuing it and now Nancy Pelosi has weighed in that she too thinks that it's time to start taking the crumbs aways from the peons. If you were wondering what a second Obama term might look like, wonder no more.

www.breitbart.com/Big-Government/2012/09/22/Pelosi--Dont-extend-payroll-tax-cut-next-year