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Stimulus II -- Big Vote Today, Here's What's in It
Open Congress ^ | May 27, 2010 | by Donny Shaw

Posted on 05/27/2010 10:00:12 AM PDT by combat_boots

(Apparently, the vote may be today. Please call your reps to denounce it. This is the bill to give the Feds access to our accounts. Per Beck, it is to be signed ON JULY 4th, 2010.) Text: "To most liberals and many economists, the first $787 billion economic stimulus bill (H.R.1) didn't do enough to promote job growth and general recovery given the depth of the recession caused by the 2008 financial crisis. The national unemployment rate, for example, is still at 9.5%, and in areas that were hit especially hard by the recession, the unemployment rate is still going up.

So, the Democrats have prepared a second, smaller stimulus bill of about $127 billion in new short-term spending called the American Jobs and Closing Tax Loopholes Act of 2010, and they are planning to hold a vote on it in the House on today. Late on Wednesday night, the bill was revised. Here's what's in the final bill.)

(Excerpt) Read more at opencongress.org ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: 111th; banking; democrats; economy; finance; stimulus; stimulusjr
Article continues at link
1 posted on 05/27/2010 10:00:13 AM PDT by combat_boots
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H.R.4213 - American Jobs and Closing Tax Loopholes Act of 2010

To amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. view all titles

http://www.opencongress.org/bill/111-h4213/show

Per WSJ:
MAY 26, 2010, 7:39 P.M. ET.

“3rd UPDATE: US House Democrats Scale Back Tax Package”

http://online.wsj.com/article/BT-CO-20100526-716410.html?mod=WSJ_latestheadlines


2 posted on 05/27/2010 10:04:12 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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FR thread wih links to Congresspersons’ vote records (links are live, but this thread is on Cap ‘n Tax):

http://www.freerepublic.com/focus/f-bloggers/2406579/posts


3 posted on 05/27/2010 10:08:14 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: combat_boots

Another $200 billion in re-elect dumbo-crats funds down the toilet.


4 posted on 05/27/2010 10:08:38 AM PDT by Tarpon (Obama-Speak ... the fusion of sophistry and Newspeak. It's not a gift, it's just lies.)
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To: combat_boots

call your congressman and ask him to stop spending..


5 posted on 05/27/2010 10:11:05 AM PDT by dalebert
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To: combat_boots

Think about this for a moment: The title of this crap sandwich is designed to create jobs and raise taxes.

Gee, what a great idea!

More govvie jobs and more taxes to pay for them.

I swear, if these people fell out of a boat, they couldn’t find water.


6 posted on 05/27/2010 10:21:36 AM PDT by RexBeach
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To: combat_boots
The fire is burning out of control.

Quick, douse it with gasoline!

Sorry, but nobody can be this stupid.

Someone is paying the Democrat Party to murder America in her sleep, and Barry is the head contract assassin.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

7 posted on 05/27/2010 10:22:28 AM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: The Comedian
Someone is paying the Democrat Party to murder America in her sleep, and Barry is the head contract assassin.

You could not be more correct - ALL conservative talk radio hosts need to understand this and stop giving Barry a pass, or saying he is just a bumbling ignoramus. I am sure it is every bit as insidious as your say - has anyone come up with an explanation of where the $500 BILLION in mutual funds went to on Sept 18, 2008 and sunk McLame's campaign? Find the answer to who pulled those strings and you have the man behind Barry the Muslim.
8 posted on 05/27/2010 10:33:46 AM PDT by Cheerio (Barack Hussein 0bama=The Complete Destruction of American Capitalism)
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To: combat_boots

actually should it be called Stimulus 3? Remember the “Jobs Bill”?

If you included Bush’s worthless stimulus back in 2008 and TARP, it’d actually be the 5th.


9 posted on 05/27/2010 10:34:55 AM PDT by MNDude
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“The Source of the Economic Crisis: A Chicago State of Mind”
by Maidhc Ó Cathail / February 5th, 2010

http://dissidentvoice.org/2010/02/the-source-of-the-economic-crisis-a-chicago-state-of-mind/

Someone here on FR was discussing this at one point and took the information back to a Chicago for the run on the Fed on 9/18/2008.


10 posted on 05/27/2010 10:52:01 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: combat_boots; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; genetic homophobe; ...
RE (from link highlights):” The single largest item in the bill is the single most stimulative form of government spending — the bill would extend unemployment insurance benefits until the end of November 2010, at a cost of about $40 billion.
The next largest item in the bill isn’t as directly stimulus related. It would extend a scheduled 21.2% cut in Medicare reimbursement to doctors until January 2012.”.
The third largest item is infrastructure spending to spur job creation, which totals more than $25 billion in the bill”.
Other stimulative provisions include small business tax credits, a new summer jobs program, tax cuts designed to help the middle class, expanded disaster relief programs, tax incentives to spur clean energy development, and much more. “ .
It would also close a corporate tax loophole that allows American companies to operate offshore without paying taxes to either the U.S. or the foreign country, and it would prevent some high-earning service professional from avoiding Social Security taxes by calling themselves an S corporation.

Direct link to full article:Stimulus II -- Big Vote Today, Here's What's in It -

11 posted on 05/27/2010 10:52:47 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: combat_boots

Loopholes????

How about a nice and simple tax code that evened the playing field for everyone and there would be no need for such legislation?


12 posted on 05/27/2010 10:58:25 AM PDT by misterrob (Have you tea bagged a liberal today?)
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To: combat_boots

Wasn’t stimulus II the “jobs bill?”
So this is really Stimulus III, isn’t it?

Didn’t the jobs bill pass? I’ve lost count of all the “turds they’ve passed.”
I assume it passed since they have the majority and can do whatever they want.


13 posted on 05/27/2010 10:59:22 AM PDT by a real Sheila (Just my 2 cents!)
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To: sickoflibs; Admin Moderator

I see I missed the actual link, as posted in this thread. Admin Mod, would you please correct the URL I mentioned in the article title? Thanks.


14 posted on 05/27/2010 11:03:22 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: combat_boots

The link has been added to header

It gets overloaded at times, so may not always open


15 posted on 05/27/2010 11:17:24 AM PDT by Admin Moderator
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To: combat_boots; Admin Moderator
RE :”I see I missed the actual link, as posted in this thread. Admin Mod, would you please correct the URL I mentioned in the article title? Thanks

Glad I helped.

A moderator on his toes corrected my mis-spelling of the name ‘Megyn’ (in Kelly) in the title of one of my posts yesterday. It was one of those things I thought of only after I posted it. I really appreciate it.

16 posted on 05/27/2010 11:34:16 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: Pride in the USA; Stillwaters

Here they come again...freakin’ zombies!


17 posted on 05/27/2010 11:40:52 AM PDT by lonevoice (If Fox News is the only outlet reporting it, did it really happen?)
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To: ImaTexan

ping


18 posted on 05/28/2010 1:01:35 PM PDT by bjcintennessee (Don't Sweat the Small Stuff)
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