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Obama, Republicans reach deal to extend tax cuts, unemployment benefits
State-Controlled Washington Post ^ | Dec. 6 | By Comrade Shailagh Murray

Posted on 12/06/2010 4:13:56 PM PST by USALiberty

President Obama and congressional Republicans have agreed to a tentative deal that would extend for two years all the tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months and cut payroll taxes for workers to encourage employers to start hiring.

The deal has been in the works for more than a week and represents a concession by Obama to political reality: Democrats don't have the votes in Congress to extend only the expiring tax breaks that benefit the middle class. The White House estimates that the proposed agreement would prevent typical families from facing annual tax increases of about $3,000, starting Jan. 1.

Obama was able to extract an agreement from GOP leaders to support an additional 13 months of jobless benefits, a 2 percent employee payroll tax cut and extensions of several tax credits aimed at working families that were included in the stimulus bill.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: gop; kenyanusurper; taxes
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A TEMPORARY extension of the tax cuts? TEMPORARY?

And MORE unemployment "benefits" to the chronically jobless? WTF?

The death tax STAYS?

MORE stimulus?

The GOP CAVED! This is NOT what we voted for?

This is a sell-out. The TEA PARTY IS WATCHING!

1 posted on 12/06/2010 4:14:03 PM PST by USALiberty
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To: USALiberty

“Comrade Shailagh Murray “
LOL.


2 posted on 12/06/2010 4:15:27 PM PST by Carl LaFong (Experts say experts should be ignored.)
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To: USALiberty

The GOP could have held strong, but the RINOS no doubt had something to do here. I get the feeling that the moderates wanted to rush this through before the next congress. We’ll see how negotiations go when these benefits expire.


3 posted on 12/06/2010 4:15:42 PM PST by ABQHispConservative (November, yeah baby! Take that Pelosi.)
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To: USALiberty

Say hello to another year of 10% unemployment.


4 posted on 12/06/2010 4:16:15 PM PST by EGPWS (Trust in God, question everyone else)
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To: USALiberty

This will save the typical family $3000 a year, and Obama made a career out of claiming the Bush tax cuts only favor the rich and should expire?


5 posted on 12/06/2010 4:20:00 PM PST by Williams (It's the policies, stupid.)
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To: USALiberty

A TEMPORARY extension of the tax cuts? TEMPORARY?

And MORE unemployment “benefits” to the chronically jobless? WTF?

The death tax STAYS?

MORE stimulus?

Yikes sounds more like a stick up than a compromise.


6 posted on 12/06/2010 4:20:37 PM PST by IH8DEMS
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To: USALiberty

Very bad deal. 13 more months of unemployment is an awful lot. And a TWO YEAR extension means that it will come up for renewal again DURING OBAMA’s TIME IN OFFICE.

In fact, it will come up for renewal in the lame duck session of 2012, so if Obama has been replaced by a conservative Republican, he will still be able to veto a further extension. And he will not be around to suffer the consequences.

I didn’t think the Republican leadership was this dumb.


7 posted on 12/06/2010 4:20:44 PM PST by Cicero (Marcus Tullius.)
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To: USALiberty
Don't see anything wrong with any of your statements, unfortunately.
I was expecting more of a fight by the Republicans.
8 posted on 12/06/2010 4:20:50 PM PST by The Cajun
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To: USALiberty
I just popped in over at DU to see how they were taking the news.

Funny... they are saying almost the same things about their side. Almost word for word, except with A LOT more really, REALLY foul language. LOL.

9 posted on 12/06/2010 4:20:56 PM PST by PalmettoMason (It's easy being a menace to society when half the population is happy being sheep.)
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To: EGPWS

Two years.


10 posted on 12/06/2010 4:22:27 PM PST by Cyber Liberty (We conservatives will always lose elections as long as we allow the MSM to choose our candidates.)
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To: Cicero

My sister is one of those chronically unemployed. Had a baby 2 years ago and hasnt worked a day since. There is not a darn thing wrong with her just easier to stay home with her child. She is not looking for a job by any means but continues to collect unemployment.


11 posted on 12/06/2010 4:22:42 PM PST by IH8DEMS
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To: Cicero
I didn’t think the Republican leadership was this dumb.

I did. They just proved me correct.

12 posted on 12/06/2010 4:23:38 PM PST by Cyber Liberty (We conservatives will always lose elections as long as we allow the MSM to choose our candidates.)
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To: Cicero

They could have waited till they get more republicans in a month.


13 posted on 12/06/2010 4:24:21 PM PST by Williams (It's the policies, stupid.)
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To: Cyber Liberty

Its the elites in both parties. They know better than us common folk dont ya think?


14 posted on 12/06/2010 4:25:01 PM PST by IH8DEMS
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To: USALiberty

hold on 13 more months of unemployment benefits in addition to the already 99 weeks in effect. If I got this wrong no one scream at me that I did not read everything there. This is nuts, where is the incentive to work - sit at home and collect unemployelfare (unemployment and welfare) - $310 a week and just eat bon-bons. that is more than a person gets on social security disability, which is one payment a month that a person paid into for quite a few years. Unemployment does not include health insurance. But a person can apply for medical assistance and food stamps. More people on the government rolls. America is becoming like the former Eastern bloc countries paid to stay at home. Soon China and russia employees will surpass the Americans.


15 posted on 12/06/2010 4:25:47 PM PST by hondact200 ( Obama is Nuckin Futs!!!)
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To: IH8DEMS

I am in agreement with you on the 13 MONTH extension. I bet the 99ers are skipping with joy tonight.

I wonder if the new Congress can pass legislation to cut this off after January???


16 posted on 12/06/2010 4:26:05 PM PST by JohnD9207 (John McCain is a proud Ted Kennedy conservative!)
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To: Cicero
Very bad deal.

Indeed...businesses plan 3-5-10 years out, again the GOP gets suckered.

In six months the libtards will be shouting.....see, tax cuts do not create jobs!!!

The pubbies will fold like a cheap version of obama.

17 posted on 12/06/2010 4:26:16 PM PST by Las Vegas Ron (Obama treats terrorists with kid gloves, American Citizens with rubber gloves)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


18 posted on 12/06/2010 4:26:16 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: USALiberty

Two years is a deal breaker. ‘12 will see a Bolshecratic Congress sabotage any more extensions, let alone permanence, leaving the next President with a disaster to cope with.

Unless, DumBO campaigns on make the tax cuts permanent, he will be a one termer. (While I don’t think he cares, his comrades do.) It will be a campaign issue.


19 posted on 12/06/2010 4:27:02 PM PST by depressed in 06 (The only thing the ZerO administration is competent at is bad ideas.)
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To: Cicero
In fact, it will come up for renewal in the lame duck session of 2012,...

Actually, it will come up pre-election -- in Sept-Oct 2012. The then GOP House can insure that it does, recall.

Whereupon, the Democrat Senate and Obama will have their feet held to the fire on a further extension -- or permanence. What does the Democrat Senate do then?

And, if lame duck-to-be President Obama should veto the extension/permanent status of the tax cuts, would not the Democrat Senate override it? In the interest of survival?

Actually, the timing is perfect.

20 posted on 12/06/2010 4:27:29 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: Cyber Liberty

They aren’t called “The Stupid Party” for nothing.


21 posted on 12/06/2010 4:28:08 PM PST by dfwgator (Congratulations to Josh Hamilton - AL MVP)
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To: hondact200

How long do you think this nation can carry the weight of those collecting, ripping off the government and living off the increasing minority of those of us who are employed ?


22 posted on 12/06/2010 4:28:19 PM PST by IH8DEMS
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To: Cicero

13 months? months? I’m aghast at that length of time. But why I’m still amazed at the craziness that is DC beats me. How long before we kick these socialist loons out of there.

13 months. I’m still muttering. No incentive to work at all.


23 posted on 12/06/2010 4:29:01 PM PST by gramho12
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To: USALiberty

>>”This is a sell-out. The TEA PARTY IS WATCHING!”<<

You’re damn right we are! Shake the dust off your DTOM signs.

It’s time to go huntin’ RINO’s.


24 posted on 12/06/2010 4:29:16 PM PST by panaxanax (IMPEACH THE MUSLIM MARXIST....NOW!!!)
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To: USALiberty

If anybody wants to see how miserable the DUers are and how hard they have turned against Obama, here’s your thread:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9704341


25 posted on 12/06/2010 4:29:47 PM PST by Fantasywriter
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To: USALiberty
I wish that there would be an understanding that not much can be done even with the 2010 landslide. We do not have the Senate or the Presidency. It will be touch and go until 2012 and nothing will change that fact. To those that expect anything different are in a dream world. I would like total change but I have to live in the real world. America is still in trouble as long as we have a communists Administration and the communists in control of the Senate.
26 posted on 12/06/2010 4:30:09 PM PST by Logical me
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To: USALiberty

This is not a sell out. It puts the tax situation front and center in the 2012 election. The voters should be forced to choose what they want. The problem is that too many voters want non-reality. They want low taxes and lots of government spending.

The reality is that January 1 low income taxpayers were going to have a tax increase just like the higher tax brackets. Who knows which party they would blame the most? This was a good compromise. The goal is to win the war. Not every skirmish. The bottom line is that everyone’s income taxes stay the same for two more years. The estate tax compromise will be a lot less confiscatory than what was going to happen automatically on 1/1/11. When we increase the conservative majority next election we can further fix things.


27 posted on 12/06/2010 4:31:43 PM PST by Truth is a Weapon (If I weren't afraid of the feds, I would refer to Obama as our "undocumented POTUS")
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To: hondact200
" . . where is the incentive to work?"

You're kidding, right? The incentive to work comes from the fact that UE bennies don't even cover expenses. What do you guys think, we're vacationing in the Costa Azul?

28 posted on 12/06/2010 4:32:20 PM PST by atc23
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To: USALiberty
I honestly see this as more of a victory than a defeat. Tax rates unchanged, Obama admitting that tax cuts do indeed work (payroll deduction), and Obama having to go back on one of his big campaign promises. Nope, this looks like a victory for the American people (and our ideology) making Obama look bad to his own base in the process.
29 posted on 12/06/2010 4:32:57 PM PST by Rational Thought
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To: PalmettoMason
I just popped in over at DU

Oh, yeah... been there and over at the KOSrades.

Osamaobama has a good chance of getting a hundred and 12 more stitches in his head if he goes to see any demonRAT pals.

They are "series" and pissed just won't get close to the adjectives that they are using.

I was going to copy a couple but you all know their favorite word{s] any of which will get you booted from FR.

30 posted on 12/06/2010 4:33:11 PM PST by USS Alaska
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To: USALiberty; All

This is not a bad deal. This is the lame duck session and the Dems still control all. This gives us 2 years to take the Senate, strengthen the House and makes tax cuts a viable issue for the 2012 race. Any time tax cuts is an issue, conservatives win big. It will be even bigger during a down economy.

Keep your powder dry, this is an opportunity to organize, not a reason to break ranks.


31 posted on 12/06/2010 4:33:40 PM PST by Little Pharma
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To: Fantasywriter

I’d have to spray my computer with Lysol if I clicked on a link to DUmmieland.


32 posted on 12/06/2010 4:33:43 PM PST by Carl LaFong (Experts say experts should be ignored.)
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To: USALiberty

NO DEALS! It’s cheaper not to extend the taxes. The GOP is dead.


33 posted on 12/06/2010 4:33:43 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: Cicero

death tax is gone for two years also......the GOP, (Sarah) gets to run on making the taxes permanent against an Obama who will want to kill them....

What more could you ask for......We will still have the house in the lame duck and probably the senate a month away.


34 posted on 12/06/2010 4:33:43 PM PST by The Wizard (Madam President is my President now and in the future)
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To: JohnD9207
I bet the 99ers are skipping with joy tonight.

If this happens, you will now refer to them as the 155ers.

I say 'if' because Sheppy Smith just read statements from Boehner and a dem aide saying that this has to be debated on by the factions in the House. Maybe this isn't a done deal yet.
35 posted on 12/06/2010 4:34:49 PM PST by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: Little Pharma

It’s a crap sammich. Please, get a clue.


36 posted on 12/06/2010 4:34:52 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: USALiberty
What's up with this two year temporary crap?!

All of Bush's tax cuts should have been made permanent.

None of the unemployment benefits should have been extended.

I damn well hope all Conservatives remember this Republican sellout.

Does someone want to start a 2010-2011 RINO list?

37 posted on 12/06/2010 4:35:04 PM PST by Cobra64
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To: The Wizard

The tax code is the biggest shell game there is, they’ll find a way to get their taxes, probably by rigging the A.M.T again.


38 posted on 12/06/2010 4:35:30 PM PST by dfwgator (Congratulations to Josh Hamilton - AL MVP)
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To: USALiberty

Like I have said...anyone that trust the republicans is a fool


39 posted on 12/06/2010 4:37:08 PM PST by Breto (never accept the premise)
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To: VRWC For Truth

You’re right. Please forgive me. I will abandon the gains we have made and if my candidate does not win in the primary I will not vote. Not that this reasoning is what got us where we are now.


40 posted on 12/06/2010 4:38:25 PM PST by Little Pharma
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To: USALiberty

And it solves nothing. Just pushes the can down the road. Only way problems will be solved is after it is way too late. Federal bankruptcy or worse and it may be too late already. No guts, no glory, no meaningful solutions.


41 posted on 12/06/2010 4:38:51 PM PST by mulligan
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To: mulligan

“Gentlemen, we’ve got to do something to protect our phoney-baloney jobs.”


42 posted on 12/06/2010 4:39:37 PM PST by dfwgator (Congratulations to Josh Hamilton - AL MVP)
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To: USALiberty
My email to my Congress Critter (a Republican) follows...

I just heard Obama's announcement of the new deal (tax rate extended, Unemployment extended, etc.) Why did you guys cave? All that you had to do was to hold out for another month! Why give up when they are gasping for air? Are there any real men in Washington anymore?

43 posted on 12/06/2010 4:39:46 PM PST by rapture-me
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To: EGPWS

Roger that EGPWS. This is a perfect setup for the stupid party. They think they have an issue for the next election.... Obama will own this issue by saying ...see I cut taxes and it didnt work now we are gonna do it my way.


44 posted on 12/06/2010 4:39:48 PM PST by Breto (never accept the premise)
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To: Little Pharma

RINOs made sure Obama got elected. The fix was always in. We ain’t buying RINO crap sammiches no more. NO DEALS, capiche? Loser!


45 posted on 12/06/2010 4:40:53 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: Cobra64

Republican sellout? The Democrats control the presidency and by large majorities control the House and Senate.


46 posted on 12/06/2010 4:42:18 PM PST by kristinn (Lowering the IQ on FR since Jul 31, 1998)
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To: Truth is a Weapon

Wong wrong wrong.... the extension is to short to boost the economy. Unemployment will stay high and Obama will own the issue...See it didnt work...

The stupid party really is the stupid party....

Obama will be reelected and the demos will gain in the house and senate


47 posted on 12/06/2010 4:43:05 PM PST by Breto (never accept the premise)
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To: Williams
They could have waited till they get more republicans in a month.

What good would that have done? The Republicans don't have a majority in the Senate, so any law would have required brokering a deal with the Ds.

Moreover, the reason why these tax cuts had sunset provisions in the first place is that the Rs didn't have the votes necessary in the Senate to make the cuts permanent, and that was back when the GOP controlled 57 seats or whatever it was.

A deal was going to be made at some point. As far as deals go, this doesn't seem like a terrible one, and it's a blow to Obama's base. More troubling from the GOP perspective is this: does this deal signal Obama's shift to the center, ala Clinton in 94?

48 posted on 12/06/2010 4:44:56 PM PST by Publius Valerius
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To: IH8DEMS

Oh, you’ve got one of those, too?

Yeah, my sister is happily unemployed so she can stay home and shop for furnishings for her new house and supervise the
work on her new patio, all while watching the “free” money roll in.

She was hoping for an extension. Looks like she got her wish.


49 posted on 12/06/2010 4:45:18 PM PST by derllak
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To: All
continue unemployment benefits for an additional 13 months and cut payroll taxes for workers to encourage employers to start hiring.

Hungry bellies fuel revolutions....it's not time yet.

50 posted on 12/06/2010 4:46:09 PM PST by Las Vegas Ron (Obama treats terrorists with kid gloves, American Citizens with rubber gloves)
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