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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (23209)8/14/2012 7:49:02 PM
From: Wharf Rat1 Recommendation  Read Replies (2) | Respond to of 85487
 
Franken wasn't seated until July 8.
Brown was elected 1/19/10.

I want mild cuts...300B from the military and all subsidies for Gas, Oil, Plutonium; coal, too. Time for Exxon to build a navy to protect its tankers.
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"I guarantee that if he wins. The solution will be taxes on everybody to pay for his prolific spending"

That's winger speak for "If you don't give richies a break, we'll let the Obama tax cuts expire for everybody."
Been there, done that already; House won't pass this.

Wed Jul 25, 2012 6:54pm EDT

WASHINGTON (Reuters) - President Barack Obama's fellow Democrats in the Senate on Wednesday won passage of a bill to renew tax cuts for tens of millions of Americans, while letting some rates rise for the wealthiest, in a largely symbolic vote.

The legislation, certain to be rejected by the Republican-controlled House of Representatives, lets Democrats claim in advance of the November 6 elections that they passed tax cuts for most Americans, only to be stymied by Republicans.

"It's time for House Republicans to drop their demand for another $1 trillion giveaway to the wealthiest Americans," Obama said in a statement after the vote.

The Senate rejected a Republican alternative with the help of two Republicans. That bill would have extended the lower rates for all income levels, including earnings above the $250,000 threshold.
reuters.com