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Alexander Votes Against “Long-term Raid on Social Security Funding”

 

WASHINGTON – Friday U.S. Senator Lamar Alexander (R-Tenn.) released the following statement about his vote against two bills introduced to extend the current one-year holiday on the payroll tax, which is paid by both employees and their employers to fund Social Security:

 

“These proposals would turn a one-time tax holiday into a long-term raid on Social Security funding, threatening its solvency. Instead, we should strengthen Social Security so seniors and future generations can rely on it.”

Published in East TN News December 5, 2011

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