What does $40 mean to you?

Tell us what $40 per paycheck would mean for you and your family. What would you have to give up? We'll highlight your stories publicly so that they're part of the debate here in Washington.

If Congress fails to extend the payroll tax cut, the typical family making $50,000 a year will have about $40 less to spend or save with each paycheck. Over the year, that adds up to about $1,000.

Opponents of the payroll tax cut dismiss its impact by insisting $40 isn’t a lot of money, but that’s not the case for many families who are already working hard to make ends meet. Forty dollars buys a tank of gas or a fridge and pantry full of groceries. It covers a water bill or the cost of a prescription.

More ways you can tell us what $40 per paycheck means to you

Twitter
Use the hashtag #40dollars on Twitter. Tweet Your Message

Facebook
There are several ways you can send a message on Facebook:

Update your status with a message that explains what $40 per paycheck means to you.
Share your message to the White House Facebook page.

YouTube
Post a video response explaining what $40 per paycheck means to you and your family with the title "This is what $40 means to me"

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