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To: Hawkmoon who wrote (26739)11/21/2011 4:21:58 PM
From: KyrosL1 Recommendation  Read Replies (1) | Respond to of 219019
 
Actually, the expectation was that the super committee would have extended expiring unemployment benefits and reduced FICA taxes through 2012 as part of their work. So failure reduces stimulus for 2012. Also, as part of their work they were supposed to resolve the Bush tax cut situation. The Bush tax cuts expire at the end of 2012. If Congress and Obama are gridlocked, all of the Bush tax cuts will expire automatically.



To: Hawkmoon who wrote (26739)11/21/2011 4:56:37 PM
From: GROUND ZERO™4 Recommendations  Read Replies (1) | Respond to of 219019
 
I'd be happy if every member of congress went home and never returned to Washington, I wish they would stop "helping" us, they've done enough damage already...

GZ