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House Debating Tax Cut Bill [On CSPAN now - LIVE thread]
C-SPAN ^ | 12/16/10

Posted on 12/16/2010 7:03:26 PM PST by advance_copy

After liberals in the Democratic Caucus forced a several-hour delay on tax-cut legislation, the House approved the rules for debate on the legislation this evening and have now begun three hours of general debate. A final vote on the legislation is expected after midnight.

Yesterday, the Senate approved the $858 billion tax plan, by a vote of 81 to 19. The measure (HR 4853), negotiated by President Obama and Senate Republicans, would allow tax cuts for all income levels to continue for two years and extend unemployment insurance benefits for jobless Americans for 13 months.

(Excerpt) Read more at c-span.org ...


TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: cspan; lameduck; tax; taxdeal; taxes
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Just heard on the radio that Pelosi is going to allow a vote on amendment to increas death tax. That will pass but the amended bill won't get passed. Then Pelosi is going to move the un-amended bill that matches what the Senate passed. If that passes, it goes to the President.

Not sure if that's within the rules of order, but that's what was reported that is going to happen. C-SPAN says now that the voting will start around 11pm. Bob "Who Yoo" Etheridge (D-NC) is up now.

1 posted on 12/16/2010 7:03:30 PM PST by advance_copy
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To: advance_copy

Open wide America! Here come the Commie’RATS with more garbage to shove down your throat!


2 posted on 12/16/2010 7:07:22 PM PST by FlingWingFlyer (Merry Christmas to all of my FReeper FRiends!)
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To: FlingWingFlyer

Who is short stocky bald fellow controlling the GOP time? That was a great 30 second comeback he had there about how the Democrats have run up the highest defecits in history.


3 posted on 12/16/2010 7:09:06 PM PST by Big E
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To: Big E

That was a mad smackdown, bigtime.


4 posted on 12/16/2010 7:11:00 PM PST by advance_copy (Stand for life or nothing at all)
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To: Big E

I am enjoying watching all these Democrats who’ve been kicked out talk. There goes Taylor from Mississippi, he’s history. Etheridge from North Carolina was up before that. Talk now, you only have 2 weeks left!


5 posted on 12/16/2010 7:13:53 PM PST by Big E
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To: Big E

Watching some of the finest displays of ignorance and stupidity that this country has to offer. Sheila Jackson Lee Moron-TX was yelling and spitting...maybe her hair is too tight?


6 posted on 12/16/2010 7:18:57 PM PST by GRRRRR (He'll NEVER be my President, FUBO!)
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To: advance_copy

The inheritance tax the Senate Republicans have proposed, with a $10 million exemption and a maximum rate the same as the maximum income tax rate, is exactly what I proposed on this web site.
I just hope the Senate Republicans remembered to index the $10 million deduction for inflation, or else the real inheritance tax will rise every year due to inflation.


7 posted on 12/16/2010 7:19:45 PM PST by devere
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To: devere

I’m thinking the exemption in this bill is only $5 million. I’ll look it up.


8 posted on 12/16/2010 7:22:31 PM PST by advance_copy (Stand for life or nothing at all)
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To: advance_copy
Prickly City
9 posted on 12/16/2010 7:23:52 PM PST by HangnJudge
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To: HangnJudge

Hensarling (R-TX): “Americans want paychecks, not unemployment checks.”


10 posted on 12/16/2010 7:25:14 PM PST by advance_copy (Stand for life or nothing at all)
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To: advance_copy

I thought the damn thing was DEAD, dead, dead dead! The pubs better hang tough or else there will be HELL TO PAY!!!


11 posted on 12/16/2010 7:36:22 PM PST by RoseofTexas
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To: advance_copy

Who is this idiot? What the hell is he talking about? School teachers, ambulances not paid for by the rich? Who the hell does this jerk think pays all the Federal taxes. Liar. Sam Farr from California. Well, I guess that’s explains it.


12 posted on 12/16/2010 7:37:51 PM PST by Big E
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To: advance_copy

Poor democrats, now this idiot Cooper they re-elected again. He ran adds about being frugal, but voted for all the Tarp, all the bailouts. Now he’s upset because they can’t take enough money from Steinbreener, who paid taxes on this money all his life.

Poor democraps, all upset because they aren’t getting enough money to waste on other earmarks and entitlements for their voting block - free loaders.


13 posted on 12/16/2010 7:40:40 PM PST by Beatthedrum
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To: Big E

Polis: wasn’t he sent packing in November. “The leadership of Barack Obama...” LOL.


14 posted on 12/16/2010 7:46:53 PM PST by Big E
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To: advance_copy
Another freakin bill being passed at midnight...these bastards are EVIL...FREAKIN EVIL!!
15 posted on 12/16/2010 7:47:34 PM PST by RoseofTexas
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To: advance_copy

They are on the floor making their campaign ad speeches...the outcome of the vote is already determined, so what else would they be doing???


16 posted on 12/16/2010 7:50:13 PM PST by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: RoseofTexas

Levin, listen to this blithering moron. Is there any doubt why this country is in the mess it’s in, when you have people like this tool Levin in “leadership” positions.

Who the hell elects people like this ?


17 posted on 12/16/2010 7:50:44 PM PST by Beatthedrum
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To: Big E

Weiner (D-NY) up now. He’s a dweeb.


18 posted on 12/16/2010 7:50:54 PM PST by advance_copy (Stand for life or nothing at all)
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To: Big E

Oh #^#!??!. Anthony Weiner. Here, jerk. Take my wallet. Just take it all. Give it to the poor. After all, they deserve it more than I do.


19 posted on 12/16/2010 7:52:02 PM PST by Big E
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To: Big E

Pelosi now.... blech!


20 posted on 12/16/2010 7:54:12 PM PST by advance_copy (Stand for life or nothing at all)
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To: Big E

Oh boy, outgoing Speaker Pelosi.....


21 posted on 12/16/2010 7:54:16 PM PST by Big E
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To: Big E

Think he’s bad, here come the c*nt


22 posted on 12/16/2010 7:54:21 PM PST by Beatthedrum
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To: Big E

Again the lie about unemployment being the best way to stimulate the economy.. Anopther lie, they are not getting a cut, they are paying what they have been for the last 8 years


23 posted on 12/16/2010 7:56:44 PM PST by Beatthedrum
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To: Beatthedrum

Pelosi: “Think of what we could do with that $23 billion.”

You aren’t going to start any business with it. You aren’t going to invest it. You want to suck it out of the economy.


24 posted on 12/16/2010 7:58:58 PM PST by advance_copy (Stand for life or nothing at all)
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To: Big E

“Think what we could do with that $23 billion! We could give a raise to all the public school teachers!” It’s not your money!!!! Good God, this is going to be one of those magic minutes where one minute lasts for 10 minutes when the Speaker is up.


25 posted on 12/16/2010 7:59:22 PM PST by Big E
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To: Beatthedrum

Caught a little of this. Was racking my brains trying to figure out how a Senator (Levin) could be running the debate in the House - come to find out there’s not one but two of these rat bastards - one each in the House and Senate and they’re brothers. As if one weren’t enough!


26 posted on 12/16/2010 7:59:50 PM PST by 2 Kool 2 Be 4-Gotten
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To: Beatthedrum

THere are no tax cuts. They are preventing tax increases.

They are not paying “benefits” to anybody. They are letting people keep their money.

I don’t think she knows what would create jobs — obviously whatever they’ve done the past two years hasn’t worked.

She is really proud about how the democrats want 155 million people to steal the money from 6000 people.


27 posted on 12/16/2010 8:00:16 PM PST by CharlesWayneCT
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To: Big E

I can’t figure out if she supports the bill or not.....


28 posted on 12/16/2010 8:00:29 PM PST by Big E
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To: CharlesWayneCT

Hahahahaha.... needs of the many outweigh the needs of the few. Mr. Spock, Wrath of Khan.


29 posted on 12/16/2010 8:01:40 PM PST by Big E
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To: CharlesWayneCT

I can guarantee you that Bill Gates will not be paying 45%, or 35%, of his wealth to the government when he dies.

Nobody who is the “wealthiest” pay this tax. The tax is paid by people whose “wealth” is tied up in businesses that would have to be liquidated.


30 posted on 12/16/2010 8:03:44 PM PST by CharlesWayneCT
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To: Big E

Well, there goes one of the grand Communists of our time.


31 posted on 12/16/2010 8:05:38 PM PST by Big E
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To: Beatthedrum

If they increased taxes on these 6,600 people, they wouldn’t collect not even .5 % more from the group. They declare less income and use shelters to not pay. Most would come from couples earning just $ 250,000 between the two of them.

Class warfare again and again. Only 3 out of 100 will pay estate tax, so that’s why we need to take more money from people who built something to pass on, after paying taxing all their lives.

Let them raise everyone’s taxes and see how their stupid voters feel. Then in Jan the GOP can put them all back in place without all the pork in here.

Obama a job creator, nearly 10 % unemployment, what was it when he took over 6 %

Oh those greedy wall street people, blah , blah, blah.

Problem is, American believe this crap when the MSM and bitches like this keep going after those nasty, greedy, rich way.

If there is a God please strike her dead as she spits this sh*t out of her foul, surgically enhanced mouth.


32 posted on 12/16/2010 8:07:56 PM PST by Beatthedrum
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To: CharlesWayneCT

The death tax is wrong, it’s simply wrong. You work your whole life, build a little pile of cash, you want to pass it on to your family, but instead, a bunch of strangers need to be paid off first? How is that fair? What gives them the right to my money? They got their cut every step of the way while I was building my little pile. Now I die, and they want yet another cut, and not a small one either.

Schakowsky (D) from IL, repeating that lie about the Walton’s paying this estate tax. You’re right, Sam Walton ain’t paying 45% on his estate....


33 posted on 12/16/2010 8:09:57 PM PST by Big E
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To: Beatthedrum

Wal*Mart, Mars candy, Campbell’s soup... They all create jobs and build our economy. Barney Frank, Nancy Pelosi, and Jean Shakowsky don’t do anyting for our economy, except tear it down.


34 posted on 12/16/2010 8:10:35 PM PST by advance_copy (Stand for life or nothing at all)
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To: CharlesWayneCT

Exactly, if I used the word tax cut, I apologize, of course it’s a bill to increase taxes or leave them where they are

Oh no just as I started the typing, the freak Frank, maybe more responsible than anyone else for the mortgage debt mess. He threatened to sue Citibank when they want to raise the qualifications for mortgages, he made sure banks, Fannie Mae, Freddie Mac & mortgage companies kept giving 125 % of the home value to people with no proof even of a job.


35 posted on 12/16/2010 8:13:39 PM PST by Beatthedrum
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To: Big E

“The death tax is wrong, it’s simply wrong. You work your whole life, build a little pile of cash, you want to pass it on to your family, but instead, a bunch of strangers need to be paid off first? How is that fair? What gives them the right to my money? They got their cut every step of the way while I was building my little pile. Now I die, and they want yet another cut, and not a small one either.”

All taxes are wrong! Import duties are perhaps the least bad, and property taxes are the worst. I don’t need money when I’m dead, so I think the inheritance tax is not as bad as the income or sales tax. If it was up to me I’d lower the income and sales taxes before I lowered the inheritance tax.


36 posted on 12/16/2010 8:16:49 PM PST by devere
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...

Thanks advance_copy.
...would allow tax cuts for all income levels to continue for two years and extend unemployment insurance benefits for jobless Americans for 13 months...

37 posted on 12/16/2010 8:17:09 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: advance_copy

Can’t these aholes go to bed?


38 posted on 12/16/2010 8:18:46 PM PST by ChicagoConservative27
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To: devere

Well, I hate the death tax, because it’s double taxation. The government already got its cut, then you die, and they want 55% of your money??? 55%???? Who the hell gives them the right?


39 posted on 12/16/2010 8:20:44 PM PST by Big E
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To: SunkenCiv

Steny Hoyer (D-MD): “We’ve just come through a wrenching election.”

You think that one was bad? Wait until the next one.


40 posted on 12/16/2010 8:22:02 PM PST by advance_copy (Stand for life or nothing at all)
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To: FlingWingFlyer

I thought they were taking a shorter route to our bowels with stuff now.


41 posted on 12/16/2010 8:22:13 PM PST by Sequoyah101 (Half of the population is below average)
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To: advance_copy
Absolutely.. Listen to the difference here. The GOP are taking about what business leaders are saying about leaving the taxes where they are, so businesses can plan.. The democraps are all screaming about the rich not getting to keep their own money..

Outside of freeloaders, socialists, unions members,who the hell votes for these morons??? I can only assume there are millions of idiots who vote democrat because their parents were always democrats. You could run a rapist and if there was a D beside the name, they vote for him. Ooops that already happened with Clinton..

42 posted on 12/16/2010 8:22:31 PM PST by Beatthedrum
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To: FlingWingFlyer

I thought they were taking a shorter route to our bowels with stuff now.

BOHICA!!!


43 posted on 12/16/2010 8:22:33 PM PST by Sequoyah101 (Half of the population is below average)
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To: advance_copy

Hoyer “Quack Quack” If it talks like a lame duck and walks like a lame duck it’s a lame duck


44 posted on 12/16/2010 8:23:17 PM PST by Cecilia Trent
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To: Cecilia Trent

The nerve of this clown after all the trillions they have rammed through in 2 years, talking about worrying about the debt for his children.

These democraps are so vile and disgusting.

What an liar, supply side worked for Reagan and Bush 2 to pull out of the mess Carter left and then Clinton left.

In 1993 a little more ???, biggest tax increase in history. Dot com phoney bubble and then it fell apart.


45 posted on 12/16/2010 8:28:33 PM PST by Beatthedrum
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To: Cecilia Trent

“the President made this deal we don’t like”. Hahahaha, that’s because the President doesn’t have a guaranteed job for life, like you do, Hoyer. If he doesn’t get unemployment down, in November, 2012, the unemployment line is going to get longer by one President.


46 posted on 12/16/2010 8:29:43 PM PST by Big E
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To: advance_copy

Pelosi: “President Obama was a job creator from day one.” Tell that to the thousands unemployed.


47 posted on 12/16/2010 8:32:05 PM PST by Cecilia Trent
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To: Cecilia Trent

What the hell is this amendmemnt that Levin is adding ? No open to debate ?


48 posted on 12/16/2010 8:33:05 PM PST by Beatthedrum
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To: Beatthedrum

45% estate tax rate amendment.


49 posted on 12/16/2010 8:36:30 PM PST by Red Steel
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To: Beatthedrum

From what I understand, the Levin amendment changes the original house bill HR 4853 to the text that was adopted by the Senate.

The reason that they had to do it this way is because tax and spending bills have to orginate in the House and not the Senate, per the Consitution. But the Democrats in the House did not want to vote on this first, they wanted the Senate to go first. So the Senate took some bill from the House and amended it completely to the Obama tax compromise. Now the House is considering the amendment to the orginal bill.


50 posted on 12/16/2010 8:38:02 PM PST by advance_copy (Stand for life or nothing at all)
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