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Tax Cut Bill Loaded With Deals for Lobbyists, Lawmakers (Another $857.8 billion added to debt)
Fox News ^ | 12/11/10

Posted on 12/11/2010 11:13:29 AM PST by Libloather

Tax Cut Bill Loaded With Deals for Lobbyists, Lawmakers
Associated Press
Published December 11, 2010

WASHINGTON -- In the spirit of the holiday season, President Obama's tax-cut deal with Republicans is becoming a Christmas tree tinseled with gifts for lobbyists and lawmakers. But that hardly stopped the squabbling on Friday, with Bill Clinton even back at the White House pleading the president's case.

While Republicans sat back quietly, mostly pleased, Democrats and other liberals were going at each other ever so publicly. As Clinton lectured on Obama's behalf, Vermont independent Bernie Sanders castigated the agreement for the TV cameras in the mostly empty Senate chamber.

**SNIP**

The add-ons were being attached behind the scenes.

Almost $5 billion in subsidies for corn-based ethanol and a continuing tariff to protect against ethanol imports were wrapped up and placed on the tree Thursday night for farm-state lawmakers and agribusiness lobbyists. Environmentalists won more grants for developers of renewable energy, like wind and solar.

For urban lawmakers, there's a continuation of about-to-expire tax breaks that could save commuters who use mass transit about $1,000 a year. Other popular tax provisions aimed at increasing production of hybrid automobiles, biodiesel fuel, coal and energy-efficient household appliances would be extended through the end of 2011 under the new add-ons.

The package also includes an extension of two Gulf Coast tax incentive programs enacted after Hurricane Katrina to spur economic development in Mississippi, Louisiana and Alabama.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: bill; lawmakers; lobbyists; taxes
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To: Libloather
Now Americans,

If the GOP backs of on their promise that it would take no changes, it would be Political Suicide don´t you think?

If it happens, no conservative would ever vote GOP.

21 posted on 12/11/2010 12:10:45 PM PST by Mayr Fortuna
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To: Las Vegas Ron

CALL your congressman.....Senate is hopeless...Monday and Tuesday...


22 posted on 12/11/2010 12:10:54 PM PST by Hojczyk
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To: Libloather

If it’s gonna be like this, let it be NO.

Although I was very much in favor of the original proposal.


23 posted on 12/11/2010 12:12:15 PM PST by jocon307
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To: Benchim
Yep, exactly about the unemployment. 99 weeks is to much already. Another 13 months is criminal. My hubby says after 6 months or so the unemployment check should start going down. Something like a 1/4 then after a few months to 1/2 and so on. I've heard that 1/3 of people on unemployment will just wait it out until they can't get it anymore. And I agree about community service. There's no good reason they shouldn't.

They say this bill will really hurt small businesses. They've already seen there unemployed taxes(insurance?) go up about double in cost. ENOUGH ALREADY!!!

There's lots more they've tacked onto this bill besides the unemployment. I just read it's almost a trillion more dollars in spending. This is totally insane.

24 posted on 12/11/2010 12:14:11 PM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: Libloather

We are soooooooooooo screwed!


25 posted on 12/11/2010 12:16:33 PM PST by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Libloather

There are no tax cuts. It’s Porkulus III. The Pubbies is SO STOOPID! Invest in gullotines. Both parties suck.


26 posted on 12/11/2010 12:31:01 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: Libloather

Hey Its Xmas time ...Its gifts for the children !
Like Obamacare in 2009 , Democrat/socialist Xmas presents put on Uncle Sam’s charge card for 2010. But Hey !Let the kids pay for it !!...With payments due begining in 2013, 2014, 2015 2016,2016.2017, 2018,2019,2020-21-22-23-24-25-26-27-28-29=30-31-32-33-34-35-36-37-38-39-40.


27 posted on 12/11/2010 12:39:15 PM PST by mosesdapoet ("To punish a province Let it be ruled by a professor " Frederick The Great paraphrased)
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To: Libloather

Hey Its Xmas time ...Its gifts for the children !
Like Obamacare in 2009 , Democrat/socialist Xmas presents put on Uncle Sam’s charge card for 2010. But Hey !Let the kids pay for it !!...With payments due begining in 2013, 2014, 2015 2016,2016.2017, 2018,2019,2020-21-22-23-24-25-26-27-28-29=30-31-32-33-34-35-36-37-38-39-40.


28 posted on 12/11/2010 12:39:35 PM PST by mosesdapoet ("To punish a province Let it be ruled by a professor " Frederick The Great paraphrased)
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To: stockpirate

“Let’s us not forget that Sen. Mitch McConnel the Republican leader in the US Senate was the broker of this fine deal!”

Wrong. The Christmas tree of goodies for lobbyists and lawmakers is mostly being added to the original compromise to get Democrats to support it.

Those of us with Republican Congressmen and/or Senators need to contact them and urge them to oppose the compromise unless all the extra goodies are taken out.


29 posted on 12/11/2010 12:41:33 PM PST by olrtex
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To: MsLady

Yep, exactly about the unemployment. 99 weeks is to much already. Another 13 months is criminal.

The compromise does not include more unemployment compensation for people who have collected it for 99 weeks. It is other folks (folks unemployed for much less time) that will be covered by the compromise. The stuff that is being added to the compromise to buy Democrat votes is sufficient reason to urge our Congressmen to oppose the whole, stinking thing, but more unemployment compensation for the 99 weekers is not part of the bill.


30 posted on 12/11/2010 12:48:18 PM PST by olrtex
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To: olrtex

That’s about as clear as mud. Typical of these politicians who keep heaping up more debt on the taxpayers head.


31 posted on 12/11/2010 12:54:51 PM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: Libloather

It makes NO difference what voters do every 2 years. We’ll continue to have theft, thuggery and breathtaking criminal arrogance in DC until TERM LIMITS are enacted and politicians are threatened with far more than prison or expulsion for betraying the Constitution and the people.


32 posted on 12/11/2010 1:10:17 PM PST by Oldpuppymax
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To: dufekin
To do so, the federal government must collect MORE in taxes than the Congress spends.

Then the ONLY solution is to spend less and CUT taxes. Attempting to collect more through higher tax rates results in LESS revenue. Cutting tax rates on this side of the bell curve results in MORE revenue.

33 posted on 12/11/2010 1:12:42 PM PST by ElkGroveDan (He's not the Messiah, he's a very naughty boy!)
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To: Libloather

No it’s a combination of new spending and imaginary lost revenue. Look it up.


34 posted on 12/11/2010 1:14:02 PM PST by ElkGroveDan (He's not the Messiah, he's a very naughty boy!)
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To: Hojczyk
Ensign is already against it and well, you know who the other Senetor is here.

Shelly Berkely is my rep....nuff said.

Both Houses should be shut down until afer the first of the year so we don't have to put up with this lame duck crap.

35 posted on 12/11/2010 1:26:37 PM PST by Las Vegas Ron (The Tree of Liberty did not grow from an ACORN!)
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To: Libloather

What’s worrisome ... we are hearing about these “additions” over and over and I don’t hear ANY noise of “pushing back” ... crickets?


36 posted on 12/11/2010 1:29:18 PM PST by ThePatriotsFlag (You are just jealous because the voices aren't talking to YOU!)
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To: MsLady

Yeah, you would have to quit your day job and hire 20 elves to keep up with all the nonsense Congress passes.


37 posted on 12/11/2010 3:40:43 PM PST by olrtex
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To: olrtex

No kidding. Under the lie, it’s good for the nation. Naw, it’s good for there reelection.
They keep sticking there grubby hands into our pockets taking our money by the handfuls, and were suppose to be grateful?


38 posted on 12/11/2010 9:02:00 PM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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