NEW YORK (MainStreet) — The payroll tax cut debate has officially gone full circle.
In an effort to pressure Congress to extend the payroll tax cut through the end of this year, the White House is once again asking Americans to describe what they would do with the extra money in their paychecks by posting answers to Twitter with the hash tag #40dollars. The hash tag is a reference to the average amount households would save every two weeks if the legislation passes.
The White House first tried out this strategy in December with great success. Thousands offered up their stories, helping the #40dollars tag to become a worldwide trending topic on Twitter, and Congress ultimately approved an extension of the payroll tax cut through the end of February. Now, after weeks of fighting over an extension in Washington and just two weeks to go before the tax cut expires, the administration is going back to the drawing board on Twitter.
The new iteration of the hash tag had yet to crack the top 10 trending topics on Twitter by publication time, but it has already sparked thousands of responses both in favor of and against the legislation. Some said it would help buy food and pay down student loans, while others said it would pay for simple luxuries like a night out with friends. Here are a few of our favorite tweets:
@QueenBiance wrote: “#40dollars less per paycheck is gas for my car, food on my table and a roof over my head. Come on Congress, help me out!”
@GStuedler wrote: “Forty dollars can keep my car running for at least two weeks and possibly longer depending on destinations needed to reach. #40dollars”
@scarebaby wrote: “$40 a month means I can pay my internet bill and keep my tiny small business alive. #40dollars”
@alswrite wrote: “#40dollars is half the monthly co-pay on my diabetes medication. I can't skip a single dose.”
@HannahSchardein wrote: “@BarackObama #40dollars is after-school care for preschooler while my husband and I finish teaching for the day. #earlylearning”
What would an extra $40 on your paycheck mean to you? Let us know in the comments section below!