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House Dems reject Obama tax cuts...
http://abcnews.go.com/Business/wireS...&tqkw=&tqshow=
House Democrats voted Thursday to reject President Barack Obama's tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed.
By voice vote in a closed caucus meeting, Democrats passed a resolution saying the tax package should not come to the House floor for consideration as written, even though no formal House bill has been drafted. Rep. Peter DeFazio, D-Ore., introduced the resolution.
Said Rep. Lloyd Doggett, D-Texas: "If it's take it or leave it, we'll leave it."
The vote will at least temporarily stall what had seemed to be a grudging Democratic movement toward the tax package.
House Speaker Nancy Pelosi said in a statement that House Democrats share Obama's "commitment to providing the middle class with a tax cut to grow the economy and create jobs." She noted that a House-passed bill, which Republicans blocked in the Senate, did not include "a bonus tax cut to millionaires and billionaires."
"We will continue discussions with the president and our Democratic and Republican colleagues in the days ahead to improve the proposal before it comes to the House floor for a vote," the California Democrat said.
The voice vote in the caucus was quite lopsided. Rep. Shelley Berkley of Nevada told reporters afterward that "one person voted against it. That would be me."
Asked what happens next, Rep. James Clyburn of South Carolina, the No. 3 person in the Democratic leadership, said, "I don't know."
White House spokesman Robert Gibbs brushed off the setback, predicting the package "will get passed" before year's end. He said House members and senators are not going to go back home without taking action, knowing that their constituents would face a tax hike on Jan. 1 if so.
Speaking earlier Thursday at a White House event promoting American exports, Obama said the vote will determine whether the economy "moves forward or backward." The president again pressed Congress to pass the agreement, saying it has the potential to create millions of jobs. He said if it fails, Americans would see smaller paychecks and fewer jobs.
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Re: House Dems reject Obama tax cuts...
This is actually pretty humorous.
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Re: House Dems reject Obama tax cuts...
Looks like the dems are kicking and scratching on their way out the door.
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Re: House Dems reject Obama tax cuts...
A lame ass lame duck congress flipping off their own party President.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
A lame ass lame duck congress flipping off their own party President.
Can't say people didn't see this coming. They did vote to keep Pelosi as their leader.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
A lame ass lame duck congress flipping off their own party President.
Progressives have gotten tired of his bullshit. I don't see humor in it, though.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
MannyIsGod
Progressives have gotten tired of his bullshit. I don't see humor in it, though.
:wow
You mean the thrill is gone?
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Re: House Dems reject Obama tax cuts...
Its been gone for a long time
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Re: House Dems reject Obama tax cuts...
So Manny, you support the House democrats blowing up the deal and letting the taxes increase January 1?
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Re: House Dems reject Obama tax cuts...
I support them not just caving in and fighting for a better solution. You can't just roll over every fuckibg time.
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Re: House Dems reject Obama tax cuts...
After scare-mongering about deficits, always was a lie, the Repugs expose their lie and want a deal that adds about $1T to the deficit over 2 years.
And of course, the deal changes the nature of SS funds, which will be viciously attacked in a privatization war by the Repugs.
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Re: House Dems reject Obama tax cuts...
so much for the deficit hawks complaining about the deficit..
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
So Manny, you support the House democrats blowing up the deal and letting the taxes increase January 1?
You said yourself that the GOP could do it retroactively. Stop playing stupid..
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
MannyIsGod
I support them not just caving in and fighting for a better solution. You can't just roll over every fuckibg time.
They have zero leverage to cut a better deal.
Everyone knows they aren't going to let the taxes increase on everyone Jan 1.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
You said yourself that the GOP could do it retroactively. Stop playing stupid..
At least I have to play stupid. You do it naturally.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
At least I have to play stupid. You do it naturally.
Ain't that the truth.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
jack sommerset
Ain't that the truth.
the epitome of stupid...
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
the epitome of stupid...
Yes u are.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
so much for the deficit hawks complaining about the deficit..
A major tax increase during a recession is stupid. Even stupider than you, which is saying a lot.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
A major tax increase during a recession is stupid. Even stupider than you, which is saying a lot.
so all of the moaning and bitching about the deficits was just bullshit.. which means you guys were just being hypocrites and liars... got it
it's hard to keep up with your side's positions.. one way today another way tomorrow..
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
so all of the moaning and bitching about the deficits were just bullshit.. which means you guys were just being hypocrites and liars... got it
Increasing taxes in a recession isn't the way to fight the deficit. Spending needs to be addressed first.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
it's hard to keep up with your side's positions.. one way today another way tomorrow..
While it's easy keeping up with you...just more stupid every day.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
CosmicCowboy
While it's easy keeping up with you...just more stupid every day.
I'm not the one who was against deficits before they didn't matter.. but it's obvious you'll flip then flop just to try and make the other side look bad.
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Re: House Dems reject Obama tax cuts...
Quote:
Originally Posted by
George Gervin's Afro
I'm not the one who was against deficits before they didn't matter.. but it's obvious you'll flip then flop just to try and make the other side look bad.
How is leaving tax rates where they are "costing" a fucking dime? You might as well say that since we aren't taxing the rick 100% of what they make it's "costing" us trillions...
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Re: House Dems reject Obama tax cuts...
And deficits matter. I'm for getting the fuck out of Afghanistan/Iraq, raising the retirement age, cutting domestic spending and going to a two stage flat tax with no deductions/credits. Fat chance of THAT ever getting through congress.