House passes temporary extension of Bush-era tax cuts 277-148

The Hill ^ | December 16, 2010 | Russell Berman and Mike Lillis

[surfer]

What have they done? They just don’t hear the people...

Now Obama will take credit for this as HIS tax cuts but this will go down in history as the largest stimulus ever done and it will add yet ANOTHER TRILLION to our debt...

What are they thinking?

[ScoopAmma]

I shook his hand at a book signing here in Phoenix last week. It was awesome and memorable. Brought back to mind that old saying about not missing what you had-until you don’t have it any longer.

[johnthebaptistmoore]

Can the next Congress, successfully, fix things and greatly improve things, for the long-term future of the U.S.? A question very similar to my, still, used tagline.

[Carley]

We are sorry that the free world paid such a terrible price for supporting this madman in the White House.

[Southack]

"To see Bush’s predecessor and successor lobbying for his tax cuts brought a certain joy to my heart."

Precisely. Bush won the tax policy debate. 100%.

[dixiechick2000]

“We already tried cutting taxes and that didn’t work.....”

That is exactly how they will spin it and, I believe, this is what they are counting on. However, I have faith in the American people...most of them, anyway.

We aren’t idiots...even those who aren’t political junkies know when someone is trying to make a bad situation worse.

This would be that time...and this repulsive bill wouldn’t have had a prayer without Republican votes.

Elections matter..........we won..........pfft.

[onyx]

Michele Bachmann and Joe Wilson vote NO!

[dalereed]

It’s all the other things in the bill such as extending unemployment 13 weeks that is so horrible!!

[chuckles]

I can't believe they went two years on this. Try to imagine two years from now with unemployment most likely still above 9%, and the anointed one starts saying we need to elect him to raise taxes. In my whole life I've never seen someone elected or re elected promising to raise taxes. He just may be a one term POTUS. Even if we get into the 8% levels, do you want to muck it up raising taxes?

He's toast.

[Redcloak]

How is this a victory for 0bama when he wanted to soak the “rich”?

[newzjunkey]

To see Bush’s predecessor and successor lobbying for his tax cuts brought a certain joy to my heart.

Politics make the strangest of bedfellows.

[Revel]

And America loses. And not because of extending the taxcuts, but because of all the other garbage that is in this bill.

[bIlluminati]

Frank and Fudge voted NO. Why does he get two votes?

Pence also voted NO.

[AuH2ORepublican]

Technically, the bill originated in the House, which passed the Airport and Airway Extension Act of 2010. That House bill was then taken up by the Senate, which amended it to (i) eliminate all of the airport language and (ii) add all of the income-tax rate, estate tax, social security tax and unemployment paymeng language. The bill then went back to the House, which last night voted to approve the Senate amendment that did all that.

So, due to this shell game, the link showing how everyone voted last night did not have the incorrect bill name, and the tax bill did “originate” in the House as required by the Constitution.

[johnthebaptistmoore]

You mean 13 months. I would prefer it to be 13 weeks! I sure do hope that decent welfare reforms will be created, by the next Congress and beyond! Welfare reforms that encourage ALL ABLE BODIED PEOPLE HERE LEGALLY to go back to work asap are, still, very desperately, needed!

[epluribus_2]

The GOP-favored inheritance tax of 35% for individuals worth more than $5 million, the Speaker said, “is not good policy. It does have not have a favorable impact on the deficit. It does not create jobs, It does not grow the economy.”

...it does not outright mug families with small businesses and farm any more than about 1 out of every 3 dollars they are passing on to their children. It is still OUTRAGEOUS.

[South40]

“I applaud President Obama for his side of the ledger,” Pelosi said.

Barry threatened her with a bucket of water to get her to say that.

[Bobby_Taxpayer]

"In a floor speech Thursday night, Pelosi endorsed the estate tax amendment but pointedly refused to explicitly back the underlying bill. The GOP-favored inheritance tax of 35% for individuals worth more than $5 million, the Speaker said, “is not good policy. It does have not have a favorable impact on the deficit. It does not create jobs, It does not grow the economy.”"

Since when does taxes cause deficits you dimwits?? What about SPENDING? GOT IT NOW? or do you need another dose of voter anger in 2012?

[raybbr]

So, in two years, Tea Party candidates will be campaigning for reduced taxes, etc. With this crappy tax “plan” the economy will be in no better shape, and the libs will use it against us. “We already tried cutting taxes and that didn’t work.....”

The first post that gets it. This was/is a trap and the stupid GOP fell for it. We need actual cuts not this extension.

[SueRae]

Going into my self-managed Roth.