Congress has extended the payroll-tax cut because incumbents don’t want to shrink paychecks in an election year. If you make $50,000 per year the extension may save you $1040 per year. In fiscal 2013 the country will borrow 1.33 trillion dollars to cover the projected budget deficit. That means you and every member of your family and everyone you know will each owe $4249 as an individual’s share of the money borrowed. Incumbents are attempting to buy your vote with money we don’t have while putting all of us deeper in debt.