So let's see if you got a $1,000 raise this year, you're not going to see it in 2012. You're not! And if you received a $1,000 Christmas bonus this year, save it. You'll need it next year.
In other words, if you receive a bi-weekly check, your check will be $40-60 less than what you originally were receiving. Trust me, you'll feel it. Actually 160 million Americans will feel it. Watch as the GOP speaker pro-tem, walks out as Democrats are pushing for a vote on the Payroll Tax-cut before it expires this month.
Yesterday morning, Speaker Pro Tempore Michael Fitzpatrick (R-PA), under orders from Speaker Boehner, refused to allow Democratic Whip Steny Hoyer to speak on the floor and ask for unanimous consent to bring up the Senate bipartisan compromise to extend the payroll tax cut. Whip Hoyer and Congressman Chris Van Hollen are continuing to try to offer the Senate compromise even though Republicans walked off the floor. Once again, Republicans are risking a tax increase on 160 million Americans and the loss unemployment benefits for those who have lost their jobs through no fault of their own.
