Akin: Full year of payroll tax cut needed to provide predictability

Congressman Todd Akin, a member of the House Budget Committee voted to support a series of year end reforms desperately needed in our ailing economy.

Akin supports the House one year extension of the Social Security payroll tax, as opposed to the two-month Senate version. “People need some predictability and a two month extension does not provide anything close to predictability,” Akin said.

Akin also supports a two year “doc fix” to Medicare which will ensure seniors’ continued access to their doctors. “The Senate two month proposal is a vote to not make a decision,” Akin said.

In spite of the President’s threat of a veto, Akin supports the building of the Keystone pipeline. “It will reduce our dependence on foreign oil, provide jobs and build American energy infrastructure.”

Akin also believes it is wise to provide the regulatory reforms necessary to protect against rising energy costs.

“I am optimistic that we will be able to pass a version of the payroll tax cut extension that is similar to what the House has already passed,” said Akin. “It is the only responsible way to proceed.”