Friday, February 17, 2012

Sen. Harkin rips Obama for 'unraveling Social Security' with tax cut

The Hill reports:
Sen. Tom Harkin (D-Iowa) tore into President Obama on Thursday for "unraveling Social Security."

The liberal senator was unusually tough in criticizing Obama, who Harkin said would deprive the Social Security fund of roughly $100 billion by extending the two-percentage-point payroll tax cut through the end of 2012. That tax funds the Social Security trust fund.

“I never thought I would have to see the day when a Democratic president of the United States and a Democratic vice president would agree to put Social Security in this kind of jeopardy," exclaimed a visibly agitated Harkin from the Senate floor. "Never did I ever imagine a Democratic president would be the beginning of the unraveling of Social Security.”
We can only dream.