Changes

The [[AARP]] is opposing any further extension of the Social Security payroll tax rate reduction. AARP fears that if the Social Security Trust Fund comes from general funds, Congress will be more likely to want to cut future benefits.<ref name=aarp/>

The [[AARP]] is opposing any further extension of the Social Security payroll tax rate reduction. AARP fears that if the Social Security Trust Fund comes from general funds, Congress will be more likely to want to cut future benefits.<ref name=aarp/>

== Resolution==

== Resolution: Permanent tax measures and 60 day respite on sequestration and [[debt ceiling]] debate ==

Although the basic elements of the 2013 federal spending levels, federal debt ceiling, and possible tax reform remain unaddressed, a new [[American Taxpayer Relief Act of 2012]] was passed by the Senate  89-8 and by the House 257-167 on January 1, 2013 with President Obama signing it on January 2, 2012. In brief, the law:

Although the basic elements of the 2013 federal spending levels, federal debt ceiling, and possible tax reform remain unaddressed, a new [[American Taxpayer Relief Act of 2012]] was passed by the Senate  89-8 and by the House 257-167 on January 1, 2013 with President Obama signing it on January 2, 2012. In brief, the law:

*allows [[spending authority]] to continue at current levels by [[continuing resolution]] for two months

*allows [[spending authority]] to continue at current levels by [[continuing resolution]] for two months