Posts Tagged “Social Security”

Social Security chief rebuts Steve King’s only argument against payroll tax cut extension

Will King drop his opposition and support the middle class? 

DES MOINES – Just days after Congressman Steve King cited concerns about Social Security solvency as his reason for opposing an extension of the payroll tax cut, Social Security’s chief actuary says it will have no effect on the program.

On Wednesday, King misled Iowans in an interview, saying an extension of the payroll tax would impact Social Security’s solvency.

“With the Social Security administration’s support for an extension of the payroll tax cut, will Congressman King do the right thing and support the extension?” asked Iowa Democratic Party Chairwoman Sue Dvorsky. “Or, will he continue to oppose working families by refusing to extend the cut and give working families an extra $1,500 in their pocket?”

“It’s time for Steve King to work for Iowa instead of standing in the way of this important tax cut for working families,” added Dvorsky.