Does OBAMA prefer tax cuts that make Social Security insolvent faster because they lead to bankruptcy sooner?

No. He is using the tax cuts to try to stimulate economic growth, which is why House Republicans want to block it. The House Republicans think they can block economic recovery efforts, and most people will blame Obama since he's the president anyway.

Republicans don't want the economy to recover, and Obama to look good, before Election Day.

Do not blame President Obama on this. Proposed 12 month extension of the payroll tax cut and the means to pay for it was in his Jobs Bill. Instead, Republicans said no.

Fine. "The House passed a one year measure including policy riders Dems abhorred, plus premium hikes on middle class Medicare beneficiaries and other controversial financing provisions. In the end, depending upon whom you ask, Senate Dem and GOP negotiators got to within $60 and $90 billion of the total cost — but they couldn’t bridge that gap.

Republicans refused to accept raising taxes to cover the rest, and so Harry Reid and Mitch McConnell settled upon a relatively clean two month extension as a stopgap. That’s the bill that passed the Senate overwhelmingly on Thursday. It cost about $30 billion, paid for exclusively by increasing the fees lenders pay to Fannie Mae and Freddie Mac.

Nobody in either party thinks a two month extension is ideal policy." http://tpmdc.talkingpointsmemo.com/2011/... The House Republican took a step back in negotiation by voting against the bill. The House Republicans made the situation worse instead of better.

If House Speaker John Boehner had bought up the payroll tax cut extension for 12 months with no poison pills, the House would have passed it with bipartisan votes.

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