Friday, December 9, 2011

WILL THE CONGRESSIONAL CHRISTMAS BREAK BRING WITH IT AN EXTENSION OF THE PAYROLL TAX BREAK ?...........

President Barack Obama yesterday vowed to stay in Washington over the Christmas holidays and prerss the members of the House of Representatives and the United States Senate to remain in session as well, to address and pass the payroll tax extension legislation, along with continuation of unemployment benefits, due to expire on December 31st.  In the environment of this ongoing precarious economic climate, 160 million American families will directly be saved $1,000-$1,500, by extending the payroll tax deduction.  Many, if not all but most of these families being middle class.  Another 6 million Americans would benefit from extending the unemployment benefits at this critical junction.  Whether the Congress will act on behalf of the common good of tens of millions of our citizens who are struggling, or will allow politics, partisanship, and do-nothingness, stand in the way will be shown in the next three weeks.  And on principle, the members of Congress should accept it as their duty to complete work, and enact this legislation before going home on their own Christmas holidays...........Fr.  Troy

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