PAYROLL TAX CUT & COMMON SENSE.
Give them a chance.
The payroll tax cut, being proposed by President Barack Obama, is still in limbo; and the United States Congress is about to break for the holidays without making a firm decision on it.
Two plans, one by the Democratic Party and another by the Republicans Party, have been rejected by the Senate only yesterday, and so the impasse remained the same.
The Democrats were demanding a surtax of 1.6% on the people earning $1 million dollars or more; while the Republicans wanted to cut the government workforce by a whopping 10%, among other things.
Everybody was thinking that common sense would be permitted to prevail on both sides of the asile, but as politics being as usual in Washington D.C., no compromise could be reached, or so it seemed.
As fairness demanded that each person must contribute his or her fair share in taxes, there were those, who would want to save taxes for another day, as the country's economy was in a fragile state. They claimed that any increase in revenue through taxation, would stiffle job growth and increase unemployment.
Yet, on the one hand, the Obama plan, according to the White House, would create jobs and reduce the unemployment rate, which was at 8.6%.
While on the other hand, the Speaker of the House of Representatives, John Boehner, was proposing another plan, with the attachment of the controversial Keystone pipeline as being part of it; but why?
That would pass in the House, but it would not make any headway in the Senate. (Or would it fly anywhere else?). Besides, President Obama has repudiated such an idea, and so it would not have a chance of becoming law.
The stalemate would continue; but where would that leave the country?
There were those who would want the payroll tax cut, which had the extension of the unemployment benefit provision in it, to become a possibility, because they were out of work.
How would they cope with the holiday season in which members of families were making demands of all sorts on the household expenditure. Where would the money come from to satisfy their needs?
Lawmakers must reconsider and reach an agreement, as they have the capacity to do so, but for partisan wranglings.
Again, and said yesterday, Congress must live up to its responsibility and pass a bill forthwith, as the outcome of many families depended on it. They would be facing the holidays with no means or resources to balance their budgets, and that would be disastrous. Their survival hung on the government stipend; or unemployment benefit, as it was referred to.
By virtue of the season having so much goodwill, some of that must be extended to those of our citizens who needed it, by passing the payroll tax cut bill, which was being proposed by President Obama. It was the one that all Americans should be expecting.
No hard feelings toward anyone or party, as this blog remains neutral as always.