Socrates preguntado en Politics & GovernmentGovernment · hace 9 años

How is the payroll tax cut extension being funded?

The payroll tax funds Social Security and Medicare. Where are these already financially-troubled programs getting their funding for the next two months?

5 respuestas

  • hace 9 años
    Respuesta preferida

    Increased taxes on millionaires.

  • Anónimo
    hace 9 años

    The payroll tax cut is paid for by an increase in the guarantee fee on new loans backed by Fannie Mae and Freddie Mac, the government run mortgage companies.

  • Bill
    Lv 7
    hace 9 años

    Literally any other tax revenue the federal government collects. If you don't think there's enough revenue, then raise taxes. But you'd better raise it on the wealthy and not the working poor and middle class.

  • hace 9 años

    The general fund, like they always have.

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  • hace 9 años

    China, probably.

    When we run out of countries to borrow from, we will start up NASA again, to find aliens we can borrow from.

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