Recommendations of the Bipartisan Deficit Reduction Task Force

Discussion in 'Politics' started by joepistole, Dec 2, 2010.

  1. joepistole Deacon Blues Valued Senior Member

    Messages:
    22,910
    The bipartisan task force chartered by President Obama to generate solutions to the nations fiscal woes has completed its job.

    http://watchdog.org/7271/fiscal-commission-report-targets-social-security-health-care-taxation/

    http://watchdog.org/7271/fiscal-commission-report-targets-social-security-health-care-taxation/

    If you are a physican or lawyer, drug or health insurance company, you may not like their recommendations.

    The other interesting thing about the recommendations is that it says nothing about repealing Obamacare. In fact it calls for speeding up certian provisions and putting more teeth in the healthcare reform law (Obamacare).

    I agree with most of the recommendations. However, I do have issues with their approach to Social Security. I have long maintained and continue to maintain that Social Security Tax should be levied on all earned income. Currently, there is no Social Security Tax on earned income above 106k.
     

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