Above the Fold |
December 12, 2011 |
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Public retirement ages come under greater scrutiny |
By Don Thompson and Julie Carr Smyth |
Guaranteed pensions for relatively youthful government retirees — paid in similar fashion to millions nationwide — are contributing to nationwide friction with the public sector workers. They have access to attractive defined-benefit pensions and retiree health care coverage that most private sector workers no longer do...Read more |
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Today's News |
House GOP introduces bill renewing payroll tax cut |
By Alan Fram and Ricardo Alonso-Zaldivar |
House Republicans unveiled a bill Friday renewing the Social Security payroll tax cut and extending but trimming unemployment benefits but barreled toward a showdown with President Barack Obama by including language jumpstarting work on a controversial oil pipeline...Read more |
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The Pulse |
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Overheard on BenefitsPro |
This debate is just an admission on the part of the feds that there is no actuarial relationship between what we put in and what we get out as required in private DB plans. The admission is a long time coming. We need to dump the tax code and pay our taxes when we spend our money and get the politicians out of the class warfare taxation business.
-- Dave, Obama, GOP skirmish on payroll tax cut both favor
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