I struggle to find the compromise on tax cuts

futurebeachbum futurebeachbum avatar

futurebeachbumBeach FanaticSnellsburg, GA1,100 postsJoined Jul 11, '05View profile MessageBeach Fanatic

Dec 7, '10 · 5:05 PM2,076

Obama urges Democrats to support tax cut deal (I've tried to delete a lot of rhetoric.)

President Obama on Tuesday defended the deal he reached with Republicans on extending a broad range of expiring tax cuts, saying he did not want Americans to be harmed while he engages in a long-term political fight with the GOP.
Obama held a hastily arranged news conference to answer questions on the agreement struck late Monday.

Vice President Biden went to Capitol Hill to sell the agreement to Democrats who played no part in reaching a compromise Obama said he struck because Republicans would not budge.
....
Seeking to mollify angry Democrats, Obama vowed to fight further extensions of tax cuts for the wealthy when they expire in two years under the proposal being considered by Congress.

I understand the desire to not hold back unemployment benefits to settle the tax issue, but I can't figure out what the GOP compromised on.

Don't get me wrong. I think a government where our leaders actually negotiated in good faith and compromised on issues in a statemanlike way would be wonderful.

I just don't see it....

Replies

30ashopper 30ashopper avatar

30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal Insider

Dec 8, '10 · 10:53 AM#27

It's too bad we didn't do it this way back in 2008, if we had, we probably wouldn't have needed to blow through another 900 billion.

At least Obama seems to have figured this out. :clap:

PearlSB4U

PearlSB4UBeach Fanatic345 postsJoined Aug 28, '10View profile MessageBeach Fanatic

Dec 8, '10 · 11:33 AM#28

When confronted with a choice between Politics & Governing,
Obama
(to the disappointment of many)
choses
"Governing."

LindaLindaBeach Fanatic806 postsJoined Jul 11, '05View profile MessageBeach Fanatic

Dec 8, '10 · 11:33 AM#29

http://www.nytimes.com/2010/12/08/business/economy/08leonhardt.html

Will the extremists/purists in congress try and kill this bipartisan deal, or will the "middle of the road" centrists prevail? Time will tell.

I've been wondering the same thing but at the end of the day I think the middle will prevail.

30ashopper 30ashopper avatar

30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal Insider

Dec 8, '10 · 11:46 AM#30

I've been wondering the same thing but at the end of the day I think the middle will prevail.

I do too.

Now all we have to do is figure out how the heck to pay for it. 😱

Lake View Too Lake View Too avatar

Lake View TooSoWal InsiderEastern Lake7,000 postsJoined Nov 16, '08View profile MessageSoWal Insider

Dec 8, '10 · 12:12 PM#31

I do too.

Now all we have to do is figure out how the heck to pay for it. 😱

Duh... you Republicants haven't come up with that concept in 9 years of tax cuts, I don't expect you to come up with it in the next two.

LindaLindaBeach Fanatic806 postsJoined Jul 11, '05View profile MessageBeach Fanatic

Dec 8, '10 · 12:25 PM#32

I expect that the voters will hold both Republicans and Democrats accountable in 2012 if spending is not cut.

30ashopper 30ashopper avatar

30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal Insider

Dec 8, '10 · 1:41 PM#33

Duh... you Republicants haven't come up with that concept in 9 years of tax cuts, I don't expect you to come up with it in the next two.

You seem rather jaded LVT, are you loosing faith in The One? 😀

Matt J

Matt JSWGB24,862 postsJoined May 9, '07View profile MessageSWGB

Dec 8, '10 · 2:20 PM#34

Tax Cuts, Not the Clinton Tax Hike, Produced the 1990s Boom | The Heritage Foundation

The Heritage Foundation, now there's an unbiased source. :roll:

futurebeachbum futurebeachbum avatar

futurebeachbumBeach FanaticSnellsburg, GA1,100 postsJoined Jul 11, '05View profile MessageBeach FanaticAuthor

Dec 8, '10 · 3:35 PM#35

The Heritage Foundation, now there's an unbiased source. :roll:

Agreed.

Of course, I am not aware of any unbiased sources.

Lake View Too Lake View Too avatar

Lake View TooSoWal InsiderEastern Lake7,000 postsJoined Nov 16, '08View profile MessageSoWal Insider

Dec 8, '10 · 4:40 PM#36

You seem rather jaded LVT, are you loosing faith in The One? 😀

We all know why Obama can't achieve any legislative results that are beneficial to a majority of Americans. It's called the Republicant Fillibuster, which by the way, was used about an average of fifty times per year, until about 2007, at which point the Republicants used it 112 times and have kept that pace ever since. It's not difficult to do nothing. The Republicants have become masters at it.

30ashopper 30ashopper avatar

30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal Insider

Dec 8, '10 · 5:09 PM#37

We all know why Obama can't achieve any legislative results that are beneficial to a majority of Americans. It's called the Republicant Fillibuster, which by the way, was used about an average of fifty times per year, until about 2007, at which point the Republicants used it 112 times and have kept that pace ever since. It's not difficult to do nothing. The Republicants have become masters at it.

Excellent. Washington doing nothing is better than washington doing, well, pretty much anything. 😀

Edited Dec 8, '10 · 5:11 PM

Lake View Too Lake View Too avatar

Lake View TooSoWal InsiderEastern Lake7,000 postsJoined Nov 16, '08View profile MessageSoWal Insider

Dec 8, '10 · 5:20 PM#38

Excellent. Washington doing nothing is better than washington doing, well, pretty much anything. 😀

Can't wait for next year, so we can get more nothing! I just saw Rand Paul on CNN. He says he is going to cut $500 billion dollars in spending, but, I'm guessing, it will be more of nothing.

BeachSiO2

BeachSiO2Beach Fanatic3,294 postsJoined Jun 16, '06View profile MessageBeach Fanatic

Dec 8, '10 · 7:58 PM#39

Biden tells House Dems the deal is done tonight and the days of compromise are over. Will they play chicken with an oncoming train or not? Middle America and the unemployed want to know....