This is one of those stories that shouldn't even be a story at this point. Started out with the President wanting the payroll tax cuts to last for another year. Of course the other side had to tell the president that as long as the cuts are paid for, that they will support a plan. Per usual, both sides can't compromise and now we are at a point where its down to just over a week before the cuts expire and their is no bill passed. The senate passed a 2 month extension while the House passed a year long extension that opens up the possibility of lots of jobs being created. The President seems at this point to only want the 2 month plan for now instead of the year long extension he actually wanted.
In this particular case, I think the House has it right, do the 1 year extension, open up the door to some real job creation possibility. This business of doing a 2 month extension, knowing that for at least a month of that the congress isn't going to be anywhere near Washington, that they will be in the same exact boat in 2 months, clamoring for a deal to get done with time about to expire. The President needs to do the right thing and get his deal makers out and about to get the deal done... it benefits him, the congress and most importantly, the people!
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This is typical of Obama and the Democrats. What they are doing is spreading more lies, saying the Republicans do not favor extending the tax cut because they will not support the Democrats plan. I hope most people are smart enough to figure out what Obama and the Dems are doing. But, alas, that is the real problem, people believing Obama. When the Democrats spread all of their BS, why don't the Repbulians let the people know what their own agenda is all about?
How can you call this a tax cut? The cut is in your social security tax, which will result in less money in the SS account, of which they just took a half a trillion from not to long ago. If this were a bank account,they would have gotten a notice of insufficient funds Also, no one seems to realize that 40 bucks every two weeks shows up at the end of the year as gross income, on which you will pay tax"s . Instead of going into SS, it will go into the general fund and be spent before it gets there.
This country is almost 16 trillion dollars in debt, and they continue to play mind games with the american public, who, fall for it. It's insane whats going on in the beltway...
You are correct easymoney. The two worthless parties, the Republicans and Democrats remind me of those two characters who drive the vehicle in Cat in the Hat. We have 2 silly elvish parties driving the United States over a cliff while the American citizens can't figure out what is going on. This is a Cat in the Hat moment.
I like the analogy you use, Willie, those critters in the Dr. Seuss classic are much like the Democrats and Republicans in today's Congress, almost indistinguishable and totally careless in the way they do things. Like in the book, we have to catch them with a net and put them back in the box they came from.
Unfortunately, we don't have a Cat in the Hat to do so, nor to clean up after them. The closest we have is Ron Paul.
I couldn't remember the names. Thing 1 and thing 2. Thanks for jogging my memory, X.
Good factual points easy. We are not only $16 trillion in debt, but the $3 trillion a year interest on those loans is also coming from China, compounding the debt even further into the abyss. This bill was and is a continuing joke, a small bandage on a patient that has a severe fatal wound to mend. And neither party has the critical answers to solve this patients ills, so, we will see the decline, and eventual demise of the patient as things go on. That only can mean the total collapse of this economic system if nothing more can be accomplished. Yes, it's time to oust both parties, in favor of a legitimate third conservative constitution based party that has the guts to move and make decisions that will save us. I don't see any out there making this pitch, and the only ones with anything close to say to save us is Paul and Bachman, neither having the base and money to get elected right now imho.
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