Image via WikipediaBy Rush Holt, D-Hopewell, represents the 12th Congressional District of New Jersey and Eileen Appelbaum is senior economist at the Center for Economic and Policy Research.Nothing in the tax compromise worked out between the White House and congressional Republicans is fraught with as much danger to the economic security of working Americans as the partial payroll tax holiday.
Since its inception 75 years ago, Social Security has provided a dependable retirement income for millions of workers who contributed to the program during their working years. For many of these senior citizens, it has meant the difference between a dignified old age and the ignominy of poverty. And for 75 years, the enemies of Social Security have tried without success to undermine the program.
Democrats have strongly resisted every one of these efforts to undermine the Social Security system -- until now.
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