Jamesb101.com

commentary on Politics and a little bit of everything else

The President wants to make a deal…..

While the Democrats in the Senate and House are complaining about taxcuts for the rich…

The President isn’t really set against them…

He wants a START Treaty, a jobs bill extention, and financial aid for students…..

He’ll make a deal….

 

Obama Open to Deal on Tax Cuts

After the U.S. Senate defeated two attempts by Democrats to extend the Bush-era tax cuts for the middle class permanently, President Obama told Democratic leaders “he would be open to a temporary extension of the Bush-era tax cuts for the affluent, but he would demand concessions from the GOP,” the Wall Street Journal reports.

The concessions he’s seeking: “a year-long extension of unemployment insurance and tax cuts for middle-income and working poor Americans that were in the stimulus law but also expire at the end of this year. Those include the Making Work Pay tax cut of $400 for middle-income individuals and $800 for couples, a tuition tax credit, an expanded earned income and child credit for the working poor, and a payroll tax credit for new hires.”

Politico: “The doomed votes mean Democrats ultimately may need to agree to a deal that runs contrary to their campaign promises over the past 10 years. Rather than eliminating the upper-end tax cuts, Democrats will likely cede to Republican demands to renew all of the Bush tax cuts for several years — a move that many in the party view as a major defeat.”

 

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December 5, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Law, Media, Men, Military, Politics, The Economy, Weather, Women | , , | Leave a comment

A Pledge of lies….

If even half this is true???…..

From Jed Lewison @Dailykos……

How bankrupt is the GOP idea machine? So bankrupt that even though they are challenging the governing party during worst economy since the Great Depression, the only way they think they can win is by telling a bunch of lies. FactCheck.org:

FactChecking ‘The Pledge’: Republicans’ “Pledge to America” falls short on some of its facts.

As FactCheck.org reports:

  1. Even though in 2010 private sector employment has grown by 763,000 jobs and public sector employment has shrunk, Republicans falsely claim the exact opposite, saying private sector payrolls have shrunk while public sector employment has grown.Even though jobless claims are down eight percent from the trough of the recession and continue to drop, Republicans falsely say they continue to soar.
  2. Even though their claim is completely without factual basis, Republicans falsely claim that the IRS is hiring an army of 16,500 IRS agents to investigate Americans…..

More…..

September 28, 2010 Posted by | Blogs, Breaking News, Counterpoints, Fiction, Government, Law, Media, Other Things, Politics, The Economy, Updates | , , | Leave a comment