The tax deal extends unemployment benefits 13 more months and reduces payroll taxes 2%
Do the math and you see that there's a problem:
Supplemental Security Income (or SSI) 7.9 million Americans
SSDI benefits were paid to 8.9 million recipients as of December 2009
8.5 million people are collecting unemployment insurance, including 4.8 million receiving federal benefits.
Close to 30 million people are collecting benefits from these three programs alone.
"Unemployed Americans have collected $319 billion in jobless benefits over the past three years
31 states have $41 billion in loans outstanding
Employers are responsible for replenishing these accounts and paying back the loans so their taxes are expected to skyrocket to $64 billion in 2015, up from $38 billion last year, according to the Labor Department.
Benefits last up to 99 weeks, far surpassing the previous record, which totaled 65 weeks during the recession of the mid-1970s."
Unemployment insurance sent $319 billion to the jobless - Nov. 17, 2010
It's obvious that the Communists that are running the Government are trying to collapse the system.