Tag Archives: tax cuts

Policy ≠ Politics

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President Obama announces the compromise.


A couple days ago the White House and Congressional Republicans reached a compromise on issues that included extending the Bush tax cuts and unemployment benefits.  It took a while.  In the press conference announcing the agreement, President Obama commented that the agreement is not what he wanted, but said that Republicans were holding tax cuts for the Middle Class and an unemployment benefits extension “hostage.”  Many in the Democratic base oppose the compromise, seeing it as capitulation rather than compromise, and are resistant to approval.
Mainstream media has been providing blow by blow coverage of this process.  The tell us which side which wants what but not in a lot of detail and not why.  For the most part they spend their time speculating about the impact that whatever compromise might be reached will have on the 2012 elections.  Then they let party representatives and their surrogates in the punditry argue about what agreements might be better and for the nation and how.
It’s all very entertaining.  There is drama, conflict, suspense.  Who is winning the skirmish as the pundits argue?  Who will win the battle when the legislation ultimately makes it out of Congress?  Most importantly, who’s likely to win the war in 2012!
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Don't Take My Tax Cut! And Get a Job!

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Petition: Tell Congress: Protect Workers, NOT Millionaires!


Senator Scott Brown made a fiery speech a couple of days ago as he blocked the Senate from considering an extension of unemployment benefits. He said that first we need to find a way to pay for those benefits without raising the deficit. At last report the unemployment rate in this country stands at 9.7% and Brown wants to put their ability to buy groceries, pay their bills, mortgage or rent payments in doubt while Congress turns its attention to the deficit.
I believe that Washington has finally turned its attention to the deficit in earnest, and that Brown’s theatrics are not necessary.  The report that bipartisan National Commission on Fiscal Responsibility and Reform has just been released provides outstanding recommendations for debt reduction. Holding the unemployed hostage during the holiday season is little more than political theater. Brown needed an issue to distinguish himself on, and he chose this. Nice, Senator! Pick on the unemployed. They’re so busy job hunting they won’t be paying much attention!
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The Senator, the Unemployed and the Millionaires

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Read: "Congress lets unemployment benefits expire: 'What now' and six other questions


Senator Scott Brown blocked the extension of unemployment benefits for millions of Americans.

About 8,400 Americans will see their unemployment benefits cut off by the end of this week, according to the Labor Department. By the end of the third week of December, aid to 1.36 million Americans will be interrupted, the agency said.

Brown says that we can’t afford the extension and that we need to start focusing on “what is important,” the federal deficit.
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