Posted on 12/14/2011 4:56:37 PM PST by Kaslin
Fiscal Policy: President Obama tried to get Republicans to oppose a payroll tax extension, but Senate Democrats are the ones now fighting it. When liberals propose tax cuts, it's almost never on the level.
When a beleaguered President Obama appeared before Congress in September to propose yet another massive stimulus spending program, including a payroll tax-cut extension paired with a "millionaire surtax," it was viewed as a shrewd political move Republicans were sure to oppose. So, why are his Senate Democrats now determined to kill payroll tax-cut legislation?
Senate Majority Leader Harry Reid has been falling all over himself this week to get the House-passed payroll tax-cut extension onto the Senate floor, where the Democratic majority there was ready and waiting to vote it down. Thanks to Senate rules, Republican senators were able to save the measure, but Reid is threatening to hold a spending bill hostage and shut down much of the federal government.
Why is the payroll tax cut passed Tuesday by the House in Reid's words "dead on arrival"? Maybe because it features a provision that would produce lots of real jobs not through discredited Keynesian spending methods but by letting the private sector get going on utilizing North America's unutilized oil resources.
The House tax-cut bill includes a provision that gives the go-ahead to the Keystone XL pipeline, bringing over 700,000 barrels of black gold per day from Canada to Texas. As Heritage Foundation analyst Nicolas Loris points out, "Building the pipeline would directly create 20,000 truly shovel-ready jobs." On top of that, the Canadian Energy Research Institute estimates it would ultimately mean 179,000 new American jobs by 2035.
(Excerpt) Read more at news.investors.com ...
Nice job on the keywords.
thanks
Giving 2 to 1 odds that (thanks to the corrupt, biased, far left, Lame Stream Media, spinning and shilling for the Rats) somehow, the Republicans will end up being blamed???
Proving the only use the Dems have for a payroll tax cut is as a means to raise other taxes even more...
Otherwise they’d as soon not have it!
I would not be surprised if they will be blamed
Then you hear about Boner caving on civilian trials for Guantanamo detainees and recall how Newt helped the GOP become the stupid party.
[Zero] tried to get Republicans to oppose a payroll tax extension, but Senate Democrats are the ones now fighting it... When [Zero] appeared before Congress in September to propose yet another massive stimulus spending program, including a payroll tax-cut extension paired with a "millionaire surtax," it was viewed as a shrewd political move Republicans were sure to oppose... Reid has been falling all over himself this week to get the House-passed payroll tax-cut extension onto the Senate floor, where the Democratic majority there was ready and waiting to vote it down. Thanks to Senate rules, Republican senators were able to save the measure, but Reid is threatening to hold a spending bill hostage and shut down much of the federal government... The House tax-cut bill includes a provision that gives the go-ahead to the Keystone XL pipeline, bringing over 700,000 barrels of black gold per day from Canada to Texas. As Heritage Foundation analyst Nicolas Loris points out, "Building the pipeline would directly create 20,000 truly shovel-ready jobs."And, it would mean 700K x $95 per day ($66.5 million) WOULDN'T be headed off to our good friends in the worldwide jihadist movement -- and THAT is the only reason Reid and Zero oppose it. WHO DO YOU THINK PAYS THEIR BILLS?
That's not true. They don't want the pipeline built so right there are payroll taxes cut to zero and the pipe maker has laid-off several employees and their taxes have been cut to zero.
No such thing as a payroll tax cut, it’s just a change in withholding. The words “tax cut” are a lie.
The Republicans just roll over and let the Dems spout propaganda that the Republicans would rather protect the Rich from taxes than to allow working Americans to have more money.
It is unfreaking’ unbelievable how the Dems run rings around the Pubbies.
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