That is certainly Democrats plan: to keep the tax cuts for the ‘middle class’ (ie FICA/SS)paid for by ‘asking millionaires and billionaires to pay a little more’ debate raging until the election.
Democrats have a pretty good political argument there to appeal to the clueless voters even though there are serious flaws in it as a proposal. Rarely pointed out by Republicans is that Obama is lying when he claims HIS FICA tax cut proposal is 'fully paid for'. In fact I saw his press secretary on TV yesterday saying that paying for it was just something they threw out there to counter the deficit Republicans.(ie make them look like hypocrites.)
they cant/wont because they know theyll end up 'compromising' and buying more IOUs so that they arent depicted as the badguys...all the while spending their mic time defending against being the bad guys...
its too divisive and nitpicky for the gop to be bothered with plainly stating that the FICA is part of the pyramid scheme...
i started linking the whole deal here as the 'unemployment check tax cuts' because i wonder how the math works for every dollar 'spent' vs what would be recovered in fica [supposdly] when the tax bill comes due...
circular gubmint dollars in the politics of two heads of the same coin that have become our false 'representation'...
but whatever ya do, DO NOT call for simply chopping off 90% of the beast, as too many people want their piece of that pie...
Dems are probably waiting for Repubs to bring that objection. Their reply would be, "We wanted to pay for the unemployment and payroll tax cuts by the millionaires' tax but Repubs would not let us."
The GOP could then argue that the millionaires' tax would not do what they claimed, but it's not clear that keeping that dialog with the "millionaires" buzz word in the news would be to the GOP's advantage, when the clueless voters stopped munching doritos and watching football long enough to hear a few words.
One thing is sure, they can't make a half-***ed effort in this debate.