Payroll tax cut worries Social Security advocates

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Payroll tax cut worries Social Security advocates,[link widoczny dla zalogowanych]
The plan is part of a package of tax cuts and extended unemployment benefits that Obama negotiated with Senate Republican leaders. It would cut workers' share of Social Security taxes by nearly one-third for 2011. Workers making $50,000 in wages would get a $1,000 tax cut; those making $100,[link widoczny dla zalogowanych],000 would get a $2,000 tax cut.
The government would borrow about $112 billion to make Social Security whole. Advocates and some lawmakers worry that relying on borrowed money to fund Social Security could eventually force it to compete with other federal programs for scarce dollars,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], leading to cuts.
Social Security taxes "ought to be held sacrosanct," said Rep. Earl Pomeroy,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], D-N.D., chairman of the House Ways and Means subcommittee on Social Security.