Payroll Tax Cut: Democrat Tom Harkin Slams Obama for Risking Social Security (VIDEO)

Sen. Tom Harkin slammed his own president and party for hatching the payroll tax cut deal that is expected to pass Congress Friday, saying he’s “embarrassed” the Democrats are pushing a measure that begins the “unravelling of Social Security.”

The bill will extend a 2 percent break in the tax that goes to fund Social Security for the rest of 2012, saving families $1,000 on average.

That lost revenue will be replaced in the Social Security trust fund from the nation’s general tax collections, but the plan has attracted opposition from both the left and right on grounds that it sets a bad precedent and adds the $100 billion cost to the deficit.

Harkin (D-Iowa), who has long been a staunch defender of Social Security, hammered it as the beginning of the end for the program.

“This Congress will be making a grave mistake — a grave mistake — and reinforcing a dangerous precedent,” Harkin said in a dramatic Senate floor speech late Thursday. “And I’m dismayed that Democrats, including a Democratic president and a Democratic vice president, have proposed this, and are willing to sign off on a deal that could begin the unraveling of Social Security.”

via Payroll Tax Cut: Tom Harkin Slams President, Democrats For Risking Social Security (VIDEO).

About Albert N. Milliron 6987 Articles

Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate.

Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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