Payroll tax cut fight ends ugly year for Boehner

[wiphan]

Originally Posted by Ocala Mike

The battle is over, but the war remains. Yes, an ugly year for Boehner because he's got to fight both sides.

His favorite song? - "You Had a Bad Day."


Ocala Mike

Anybody know how we are going to pay for the 2 month payroll holiday? The government is increasing the Guaranty Fees to GSE's (FHA, Fannie, Freddie) which effectively means that mortgage rates will increase by .125% to pay for this. The interesting fact is that it will take 10 yrs of these increased fees to pay for the 2 month payroll holiday.