Senator Bernie Sanders (I-Vermont), who spoke for eight and a half hours against the Obama tax-cut deal in the Senate last Friday, fears that diverting some payroll taxes away from Social Security, could spell the beginning of the end of America’s social safety net.
“I just spoke this afternoon to one of the leaders of one the largest the senior organizations in this country and she worries so much that when you start diverting $112,000 of payroll taxes away from Social Security, this could be the beginning,” the senator said during a Monday broadcast of MSNBC’s The Ed Show.
“Our Republican friends like this idea,” Sen. Sanders continued. “And they will extend, I fear, that concept. It is not good for the future of Social Security.”
