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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
The credit card already has $13 TRILLION on it - and the RATS need even more.
1 posted on 12/11/2010 11:13:33 AM PST by Libloather
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To: Libloather

A problem too is the American people who think the new Congress has already taken office. They don’t know what a “lame duck” is, and they will see that nothing ever changes and may return to “democracy” in 2012.


2 posted on 12/11/2010 11:17:39 AM PST by Theodore R. (Rush was right when he said America may survive Obama but not the Obama supporters.)
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To: Libloather
"But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

When do we re-up??

3 posted on 12/11/2010 11:18:02 AM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: Libloather

I’ve heard that before this thing finally gets through (if it does) between the House, Senate and mark-up, there could be close to a trillion dollars in spending in this thing. Just the extra year for the 99’ers will be a pretty big tab ... and of course, when they score it, they don’t include the “administration fees” of the programs, either ... oh, the overtime, the added personnel, the additional lights, stationary, paperwork ... you know, the stuff private businesses have to worry about in the real world when they change something fundamental to the operation.


4 posted on 12/11/2010 11:19:43 AM PST by jessduntno (TSA: "Because screwing you with your pants ON just wasn't enough.")
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To: Libloather

Could we knock it off with the $800 billion figure? That was arrived at by adding the amount that supposedly WON’T be collected as opposed to the tax rates being allowed to expire. Might as well say it costs $5 trillion because we AREN’T going to increases taxes by that much.


5 posted on 12/11/2010 11:20:22 AM PST by ElkGroveDan (He's not the Messiah, he's a very naughty boy!)
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To: Libloather
The credit card already has $13 TRILLION on it - and the RATS need even more.

Pack rats in a frenzy.

Feeding on our children while they still can to get them through the coming political drought.

Scavengers every last one of them!

6 posted on 12/11/2010 11:21:17 AM PST by EGPWS (Trust in God, question everyone else)
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To: Libloather

One blogger estimated the extra income coming from the rich with their new taxe increases to be $60 billion. If we have to pay $857 billion in extra spending to get $60 billion in revenue, obviously let’s kill the bill and start over next year.


7 posted on 12/11/2010 11:21:37 AM PST by Vince Ferrer
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To: Libloather

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


8 posted on 12/11/2010 11:25:18 AM PST by stockpirate (David Horowitz Democratic Party has been "seized by a religious cult" of the left!)
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To: ElkGroveDan
Could we knock it off with the $800 billion figure?

That's NEW spending. Please pay attention.

9 posted on 12/11/2010 11:26:34 AM PST by Libloather (Teapublican, PROUD birther, mobster, pro-lifer, anti-warmer, enemy of the state, extremist....)
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To: Libloather

The Republicans need to vote no on this bill and wait until jan. We don’t need anymore spending THAT’S IT ENOUGH ALREADY.


10 posted on 12/11/2010 11:33:02 AM PST by MsLady (If you died tonight, where would you go? Salvation, don't leave earth without it!)
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To: ElkGroveDan

No. We ultimately must balance the budget and pay back the debt. To do so, the federal government must collect MORE in taxes than the Congress spends. The Congress could trim their spending appetite $1.6 trillion AND NOT pass any tax cuts while spurning their propensity to spend to excess BUT still run a one hundred sixty-six billion seven hundred fifty-five million four hundred ninety five thousand dollar deficit (>$166 billion).

So Congress should trim $1766 billion in annual spending while NOT cutting taxes (making tax law applicable for 2010 permanent with revenue-neutral reforms to the tax code, preferably simplifying toward a flat tax). Alternatively, the Congress could raise taxes $800 billion per year and cut spending $966 billion per year.

In this situation, for some bizarre reason, no one in the Congress seems willing to consider seriously any considerable spending cuts. Given the


11 posted on 12/11/2010 11:40:12 AM PST by dufekin (Name our lead enemy: Islamic Republic of Iran, Mahmoud Ahmadinejad, Islamofascist terrorist dictator)
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To: Libloather

Rush Friday, 12/10/2010: “This has long since ceased to be a “Tax Bill”
http://www.freerepublic.com/focus/news/2640672/posts?page=93#93

<>bttt

More: http://www.freerepublic.com/focus/news/2640849/posts?page=13#13


12 posted on 12/11/2010 11:42:23 AM PST by Matchett-PI (Trent Lott on Tea Party candidates: ‘As soon as they get here, we need to co-opt them’ 7/19/10)
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To: Libloather

And there is more:

http://www.newswithviews.com/NWV-News/news233.htm
“... the Democrats rammed through House Resolution 1752, the “’Martial Law’ / Same Day Authority Rule,” a measure that allows suspension of House rules to bring up bills with virtually no notice through Dec. 18.”

In the seventh paragraph in above link.


13 posted on 12/11/2010 11:43:32 AM PST by TruthConquers (Delendae sunt publicae scholae)
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To: Libloather

I don’t think I need to tell my fellow Freepers this, but just in case: “Call your Senator and Congress persons and let them know what you think about this crap!”

I spent about 30 minutes yesterday calling my Representatives and Senators and asked their staff why they were allowing the Dems to load this bill with port when they ran on CUTTING SPENDING, AND ALSO WHY THEY WEREN’T DEMANDING A TAX CUT IN THIS BILL! WE WON WITH A MANDATE FOR HEAVEN’S SAKE!

When I tried calling Boehner’s DC office, got a message his voice mail was full. Hopefully he’s getting an earfull! Instead, i called one of his Ohio offices and let my feelings be known there.

If you haven’t already done so...please call Boehner and the Congressional representatives from your state!


14 posted on 12/11/2010 11:45:33 AM PST by Artcore
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To: Libloather

As the Republicans were high-fiving each other over how they had out-foxed Obama with the knifty deal they cut on the tax extension agreement, Obama could be heard crying in the background:

“Oh, Please don’t throw me in that briar patch.”


15 posted on 12/11/2010 11:46:26 AM PST by Iron Munro (Those who claim you owe them a living are cannibals seeking to survive by consuming you.)
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To: MsLady

yes. I’M out on this bill. I jumped to its defense but it stinks. No more unemployment welfare unless you do 40 hours of community service !! How could we be so stupid not to demand this for our money!!. We could actually fire thousand of government workers and do their jobs (like cutting grass or filing junk) with community service people. There is dignity in it!! They get off their free loading butts and do some work!! its really the answer. Vote no on the bill.


16 posted on 12/11/2010 11:47:33 AM PST by Benchim
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To: Libloather

More thievery by the U.S. Government. Watch your wallet, you can’t trust those piggies.


17 posted on 12/11/2010 11:48:27 AM PST by FlingWingFlyer (Merry Christmas to all of my FReeper FRiends!)
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To: Libloather
Dems did this to Reagan in the 80's...cut taxes, double spending then blame it on the tax cuts.

The GOP NEVER learns.

Scrap it and begin anew in January.

18 posted on 12/11/2010 11:58:13 AM PST by Las Vegas Ron (The Tree of Liberty did not grow from an ACORN!)
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To: Las Vegas Ron
Dems did this to Reagan in the 80's...cut taxes, double spending then blame it on the tax cuts.

S/B blame the deficits on the tax cuts.

19 posted on 12/11/2010 11:59:35 AM PST by Las Vegas Ron (The Tree of Liberty did not grow from an ACORN!)
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To: Libloather

What they need to do is cut taxes by $857 Billion, and cut spending by $2 trillion.


20 posted on 12/11/2010 12:09:49 PM PST by Brilliant
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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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