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Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

You know, neither the Republicans nor the Democrats are doing the right thing here. None of them have the intestinal fortitude to do the right thing, which is to let the tax cuts expire AND let the unemployment benefits also expire. Want to balance the budget? Do you really? Then steps must be taken, and some of those steps are going to deal out a little hurt to everybody. But IF you are really serious about getting the deficit under control, it is going to have to be done. You just won't see any of our politicians on board, though, because they are cowards.

nonsense, the majority of mature consideration in this country, hard as it may be for you to get your head around, sincerely really does believe that raising taxes in the midst of a recession is economic suicide

when you're in the pits, like we are, the first thing you have to do is get growth, without expansion you've got no chance, no hope

extending the bush tax cuts---now---IS the right thing to do

even obama was forced to concede it

if obama and mcconnell and boehner agree, then how can anyone on the outside be considered anything less than a fringe

try to get outside your own little box
 
I expect to hear none of these right-wing Republicans complaining about the size of the deficit over the next two years....seeing that the GOP will be responsible now for adding trillions to the deficit.

Partisan versions of history are carefully tailored to suit the electoral conditions of the moment. Today, the GOP compelled a Democratic Congress and president to extend the cuts. Tomorrow, a Democratic Congress and President added trillions to the deficit.
 
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I expect to hear none of these right-wing Republicans complaining about the size of the deficit over the next two years....seeing that the GOP will be responsible now for adding trillions to the deficit.

obama on THIS tax deal---"it's the right thing to do"

"it's the right thing to do for jobs, for the economy, for the middle class, for business"

he's still president, y'know

stay up
 
Today, the GOP compelled a Democratic Congress and president to extend the cuts.

LOL!

poor president obama

everything is always so unfair---when you're president

he CAVED

we've been for the bush tax cuts since before bush

deal with it

try to stay up
 
Some things never change, people keeping more of what they earn is an expense to a liberal. Here are the line items for the expenses of the United States. I don't see tax cuts anywhere on the list

Expenses

Defense
International Affairs
Gen. Science, Space
Energy
Natural resources/env
Agriculture
Commerce
Transportation
Community Dev
Education/Train/Social
Health
Medicare
Income Security
Social Security
Veterans Benefits
Justice
General Govt.
Net Interest

So please explain to me what the h**l are you talking about. In your personal life when you get less income is that an expense?

Oh Puh-lease. Reagan gave the rich one of the biggest tax cuts in the history of this country.....GWB turned around and gave them even a bigger cut. As a result of Bush's tax cuts, the wealthy benefitted exponentially over the middle class and the working class and GWB's tax cuts drove this country to the brink of bankruptcy. The responsible thing would be to not only return our tax code to pre-Bush....but also pre-Reagan....the time when working class Americans could afford to buy a home. Where real "family values" allowed for a one parent working family.
Republicans love to talk fiscal responsbility...but what they really mean is tax breaks for the wealthiest Americans and this was clearly exposed over the last week when Republicans refused to give tax breaks to the middle class and working class unless the wealthiest Americans get to take the largest chunk of it.

Look at the list you put up...the only areas that Republicans are willing to cut are Medicare, Social Security and Education.
 
I just found out something. The benefits don't apply to those unemployed for 99 wks. Only those on the other tiers. Olbermann is having a hissy fit over it right now. LOL Anything that makes him go spastic, I'm all for. :)

It will be great to see the final piece of legislation. I really hate to see unemployment payments extended whatever the number as 99 weeks are too much IMO. Heard tonight that there are 3.6 million job openings in the country today, almost the amount of the jobs lost in the last two years. Wonder how many of the chronically unemployed will apply?
 
What cuts?

You act like the money was guaranteed. It wasn't. The tax cuts were set to expire, but it would be plain historical ignorance to suggest that was some kind of guarantee that the taxes would return to the previous rates. Tax votes happened under the last 4 presidents at least, its incompetence to have thought the same wouldn't have happened this time. NOT getting money that was never guaranteed to you is not "adding" anything. If you think at the end of the year you're going to get a Christmas bonus and so you've bought a bunch of extra stuff assuming something that isn't guaranteed will happen, and on December 1st they decide not to give bonuses, they're not "adding" to your debt because you never truly had that money in the first place.

I don't seem to remember the Democrats, in the past 4 years that they had the congress and the past 2 years when they had EVERYTHING, deciding to do anything about the deficit. On the contrary, I watched them in two years outdo all 8 of the Bush years with regards to deficit spending. And you want to bitch because theoretical money that was never guaranteed and was ignorance to bank on won't be there?

Wild idea, do what they should've been doing the past four years, and republicans should've been doing the 6 years before that, and spend only what they actually are getting instead of more then they get...or hell, spend less.

The Republicans don't need to explain to you why Democrats don't get more money to waste. The tax rates returning to a higher level was never a guarantee, so how about the Democrats actually look for solutions if they want to bitch rather than complaining they can't spend money they never had?

But thanks for not asking my question...I'll ask again since you did the shuck and jive shuffle to avoid it.

Tell me, SPECIFICALLY, is in the Bill that republicans pushed that ADDS to the Deficit.

Still waiting for you to back up your statement Disney...or do you dodge away again?

That's the thing about you Republicans, you want all kinds of tax breaks for the wealthy, but you have no ideas about how to fund them.
[/QUOTE]

What dodge? GWB gave the wealthy huge tax breaks and drove our country to economic disaster. Now Republicans think that continuing these same failed economic policies is what we need to do to rescue our economy? So.....how are you proposing that we fund continuing these Bush hand outs?
 
Oh Puh-lease. Reagan gave the rich one of the biggest tax cuts in the history of this country.....GWB turned around and gave them even a bigger cut. As a result of Bush's tax cuts, the wealthy benefitted exponentially over the middle class and the working class and GWB's tax cuts drove this country to the brink of bankruptcy. The responsible thing would be to not only return our tax code to pre-Bush....but also pre-Reagan....the time when working class Americans could afford to buy a home. Where real "family values" allowed for a one parent working family.
Republicans love to talk fiscal responsbility...but what they really mean is tax breaks for the wealthiest Americans and this was clearly exposed over the last week when Republicans refused to give tax breaks to the middle class and working class unless the wealthiest Americans get to take the largest chunk of it.

Look at the list you put up...the only areas that Republicans are willing to cut are Medicare, Social Security and Education.

Why didn't the Democrats do EXACTLY AS THEY WANTED with these tax cuts when they held their majority? Why did they wait until after the elections? They've had damn near two YEARS to address these tax cuts.

Tell me why they didn't.
 
Its funny seeing all of these so called "fiscal conservatives" lauding this extension. I guess if "fiscal conservatism" means fiscal irresponsibility you might be accurate.
How exactly did those Bush cuts help our economy the first time around?
 
Oh Puh-lease. Reagan gave the rich one of the biggest tax cuts in the history of this country.....GWB turned around and gave them even a bigger cut. As a result of Bush's tax cuts, the wealthy benefitted exponentially over the middle class and the working class and GWB's tax cuts drove this country to the brink of bankruptcy. The responsible thing would be to not only return our tax code to pre-Bush....but also pre-Reagan....the time when working class Americans could afford to buy a home. Where real "family values" allowed for a one parent working family.
Republicans love to talk fiscal responsbility...but what they really mean is tax breaks for the wealthiest Americans and this was clearly exposed over the last week when Republicans refused to give tax breaks to the middle class and working class unless the wealthiest Americans get to take the largest chunk of it.

Look at the list you put up...the only areas that Republicans are willing to cut are Medicare, Social Security and Education.

You don't seem to have a clue, Reagan didn't give the rich anything. Do you understand the concept of earning your own money and thus having it taken by the govt? I worry about people like you. No matter how many times it is explained to you, you come back with the same argument over and over again.

There are no tax cuts, there is an extension of the current tax rates or a tax hike. Obama extended the Bush tax cuts saying it was good for the country. You now saying that President you worshipped is wrong?

As for Medicare and Social Security, they are funded separately and have no business ON budget. Education is a state responsibility so why is the a line item for Education? You just found 125 billion to cut, good job, keep going.
 
What dodge? GWB gave the wealthy huge tax breaks and drove our country to economic disaster. Now Republicans think that continuing these same failed economic policies is what we need to do to rescue our economy? So.....how are you proposing that we fund continuing these Bush hand outs?

complete BS. the dems were the ones who pushed huge tax hikes on the rich. tax hikes we never really needed.

but FDR violated the tenth amendment and massively increased the government

there is your answer about how to "fund" tax cuts which are not handouts

handouts are given liberal voters MY money so they will vote for the people who TAKE my money

that is a handout
 
Well you got your wish, now you can stop bitching about the deficit... right? Because these tax cuts are gonna add a ****load more to it.

Yes, the Repubicans have certainly shown us they have no real concern for the deficit. Hypocrites!
 
Its funny seeing all of these so called "fiscal conservatives" lauding this extension. I guess if "fiscal conservatism" means fiscal irresponsibility you might be accurate.
How exactly did those Bush cuts help our economy the first time around?

8.5 million jobs and 4.5 trillion added to the GDP. Seems "your" President is also lauding the extension as "being right for America." Is there trouble in paradise?
 
You don't seem to have a clue, Reagan didn't give the rich anything. Do you understand the concept of earning your own money and thus having it taken by the govt? I worry about people like you. No matter how many times it is explained to you, you come back with the same argument over and over again.

There are no tax cuts, there is an extension of the current tax rates or a tax hike. Obama extended the Bush tax cuts saying it was good for the country. You now saying that President you worshipped is wrong?

As for Medicare and Social Security, they are funded separately and have no business ON budget. Education is a state responsibility so why is the a line item for Education? You just found 125 billion to cut, good job, keep going.

the parasitic dems think that all wealth belongs to the government first. that's how they can utter such tripe
 
Yes, the Repubicans have certainly shown us they have no real concern for the deficit. Hypocrites!

lets talk about hypocrisy

the dems whined that the Bush tax cuts were FOR THE RICH

yet SHam Wow and other dems wanted to continue the NON EXISTENT tax cuts for the MIddle Class because those non existent tax cuts were good.
 
Yes, the Repubicans have certainly shown us they have no real concern for the deficit. Hypocrites!

How about answering the question, since when is keeping more of what you earn an expense to the govt? It isn't the government's money thus I don't see a line item for the expense. If projections for revenue are down then do what you have to do, cut spending.
 
You don't seem to have a clue, Reagan didn't give the rich anything. Do you understand the concept of earning your own money and thus having it taken by the govt? I worry about people like you. No matter how many times it is explained to you, you come back with the same argument over and over again.

There are no tax cuts, there is an extension of the current tax rates or a tax hike. Obama extended the Bush tax cuts saying it was good for the country. You now saying that President you worshipped is wrong?

As for Medicare and Social Security, they are funded separately and have no business ON budget. Education is a state responsibility so why is the a line item for Education? You just found 125 billion to cut, good job, keep going.

Thats nothing more that Republican BS.....and BTW...when have I ever "worshipped Obama". I have said from day 1 that he was going to turn out to be way too moderate for my tastes and compromise way too much to the republicans to appeal to the center. He has not done anything that I didn't expect. I had hoped for better, but expected nothing less.

Please.....Reagan gave the rich the biggest handout in the history of this country and we have been paying the price as a nation ever since. You Republicans love to talk the "family values" line, but there hasn't been anything more destructive to the family unit and family cohesion in this country than Republican policies.
 
complete BS. the dems were the ones who pushed huge tax hikes on the rich. tax hikes we never really needed.

but FDR violated the tenth amendment and massively increased the government

there is your answer about how to "fund" tax cuts which are not handouts

handouts are given liberal voters MY money so they will vote for the people who TAKE my money

that is a handout

Funny how you guys like the change history.
 
How about answering the question, since when is keeping more of what you earn an expense to the govt? It isn't the government's money thus I don't see a line item for the expense. If projections for revenue are down then do what you have to do, cut spending.

Why do you guys always expect everything for free?

Its always "it MY money"...."My Money"....."mine mine mine". Part of living in this country is paying for the services provided.

I don't mind paying my taxes at all....I consider it part of being a responsible and patriotic American. I don't expect a free ride.
 
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Thats nothing more that Republican BS.....and BTW...when have I ever "worshipped Obama". I have said from day 1 that he was going to turn out to be way too moderate for my tastes and compromise way too much to the republicans to appeal to the center. He has not done anything that I didn't expect. I had hoped for better, but expected nothing less.

Please.....Reagan gave the rich the biggest handout in the history of this country and we have been paying the price as a nation ever since. You Republicans love to talk the "family values" line, but there hasn't been anything more destructive to the family unit and family cohesion in this country than Republican policies.

wrong-tax cuts aren't a handout for people who were and continue to pay far more than their fair share
 
What dodge?

The one where your post never once answered this question:

Really? Please tell me what Republican thing in this bill is specifically ADDING money to the deficit?

in response to this statement

I expect to hear none of these right-wing Republicans complaining about the size of the deficit over the next two years....seeing that the GOP will be responsible now for adding trillions to the deficit.

Which was clearly referencing the current topic of this thread.

GWB gave the wealthy huge tax breaks and drove our country to economic disaster.

And water is mixed with powder to create a skyscraper. Seriously, its absolutely ridiculous to try and sum up the entire economic struggles based on a singular issue such as this. There is no logical, reasonable, nor justifiable way to even begin to place every ounce of blame on the economic situation we're in singularly on tax cuts "for the wealthy".

Not to mention, not the topic of this thread. This thread is about the framework of the extension of these cuts under Obama.

Now Republicans think that continuing these same failed economic policies is what we need to do to rescue our economy? So.....how are you proposing that we fund continuing these Bush hand outs?

Your earlier dodging question? I was refering to BS like this you're posting.

Oh look, you're still dodging. Let me ask one more time to see if you actually will answer.

Please tell me what Republican thing in this bill is specifically ADDING money to the deficit?

Somehow I'm guessing you're going to dodge yet again.
 
Funny how you guys like the change history.

so you want to argue why FDR threatened to pack the USC after the Schechter Poultry decision and suddenly the USC ignored 130+ years of precedent?

OK
 
Thats nothing more that Republican BS.....and BTW...when have I ever "worshipped Obama". I have said from day 1 that he was going to turn out to be way too moderate for my tastes and compromise way too much to the republicans to appeal to the center. He has not done anything that I didn't expect. I had hoped for better, but expected nothing less.

Please.....Reagan gave the rich the biggest handout in the history of this country and we have been paying the price as a nation ever since. You Republicans love to talk the "family values" line, but there hasn't been anything more destructive to the family unit and family cohesion in this country than Republican policies.

I am still waiting for you to explain how people keeping their own money is an expense to the govt? Cooledge, JFK, Reagan, and GW Bush GAVE the American people nothing as that money was never theirs to give. Guess we need a little more of those California family values, right?
 
i'm gonna clue a few of you in because (LOL!) i've really come to enjoy some small affection for you, personally

before you EVER click and submit your, umm, thoughts, you really need to pause, oh, maybe for a second or 30, and think---what headlines are likely to appear tomorrow (or even the day after) in ap, the nyt, lat, boston globe, wapo, politico, cnn, abc, reuters, the telegraph, guardian, bloomberg...

pretty much ALWAYS, it is not in the least difficult to foresee

and if you ever get in the practice of practicing forethought, well, within a few months you'll find that you've really upped your political gamesmanship, you're really starting to see and understand what's going on

it's stunning, astonishing, really, how this president simply cannot do this, he is eyes-squeezed-shut blind to the next move, he sets himself up again and again and again

it's a big (but not the only) part of his problem

you really should force yourself to LINK more, too, it will elevate your awareness of the political landscape outside your own precious little thought processes

until you do, you will always be an amateur in the presence of pros

you can't see tomorrow's headlines in time mag, mark halperin, msnbc's morning panel, rachel and keith and ed, shrill little chrissy matthews, politico?

i can tell you now---they are going to demolish the arguments you so carefully click and submit this evening

you're as out of touch as the seeming alien occupying our white house

of course, as always, more power to you

try to maintain your dignity in these tuff times, either way
 
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The one where your post never once answered this question:



in response to this statement



Which was clearly referencing the current topic of this thread.



And water is mixed with powder to create a skyscraper. Seriously, its absolutely ridiculous to try and sum up the entire economic struggles based on a singular issue such as this. There is no logical, reasonable, nor justifiable way to even begin to place every ounce of blame on the economic situation we're in singularly on tax cuts "for the wealthy".

Not to mention, not the topic of this thread. This thread is about the framework of the extension of these cuts under Obama.



Your earlier dodging question? I was refering to BS like this you're posting.

Oh look, you're still dodging. Let me ask one more time to see if you actually will answer.

Please tell me what Republican thing in this bill is specifically ADDING money to the deficit?

Somehow I'm guessing you're going to dodge yet again.

Sorry...but if you cannot understand how continuing 2 trillion in tax cuts for the wealthiest Americans without funding them will not add to the deficit....then nothing I can say here will help you. THAT is basic econ 101.

Those cuts helped our economy out so GREAT the first time around now didn't they? What is it about you Republicans that you keep wanting to try the same old trickle down failed economics and expect different results?
 
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