Payroll Cut extended and Pipeline will accelerate

From The New York Times:
Senate Reaches Tentative Deal to Extend Payroll-Tax Cut by Two Months

Senate leaders said Friday night that they had reached a deal that would extend a payroll tax cut for two months. The agreement also would speed construction of an oil pipeline from Canada to the Gulf Coast — a provision necessary to win over Republicans who opposed the tax break.

News of the deal came as the 112th Congress lurched toward the end of its tumultuous first session. Earlier Friday the House finished off one of its last major pieces of business for the year with a 296-121 vote to approve a $1 trillion spending bill that would keep the government funded through Sept. 30, 2012. The Senate is set to approve it today.

Read more at The New York Times.

Big Oil cut a back-room deal with the dirtiest Members of Congress to attach this legislation to a must-pass tax cut bill. These kinds of deals exemplify the tyranny Big Oil exercises over our government, and underscores why the President needs to threaten a veto, so says TarSandsAction.org.

Basically I am against both of these actions. People working need to pay the 6.2% into FICA. To continue to deplenish Social Security is ridiculous. The government needs to look at long term results, not short term. As far as the Tar Sands, see my blog on that subject.