Congress Votes to Reduce Income Tax on the 99%; Debt Ceiling Crisis Looms.

Peter Mathews on KTLK AM 1150 Talk Radio. Congress Votes to Reduce Income Tax on the 99%; Debt Ceiling Crisis Looms. Congress voted to reduce income tax on the 99%, to raise Social Security tax rate on the middle class, to extend unemployment payments, college tax credits, and low income tax credits. Congress postponed the Fiscal Cliff by “kicking the can down the road”. Debt Ceiling crisis and Fiscal Cliff loom for the next two months. [7 min]  | audio |

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