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WASHINGTON (AP) — House Republicans are drafting legislation to renew an expiring unemployment benefits program, officials said Thursday, and intend to add it to a planned extension of a Social Security payroll tax cut due to run out on Dec. 31.
The measure is expected on the House floor as early as next week, and marks the second sign in as many days that lawmakers in both parties are eager to close out the year with a compromise on key elements of President Barack Obama's jobs program.
If it wasn't for the pressure put on the Republican Party by OWS, resulting in their being seen as only for the wealthy, and not for anybody else, I don't believe we would be seeing this.
This is a good compromise for the GOP to make, and will do much to improve their image in the eyes of independent voters, who they will need if they are going to seriously challenge Obama in 2012.
Article is here.
If it wasn't for the pressure put on the Republican Party by OWS, resulting in their being seen as only for the wealthy, and not for anybody else, I don't believe we would be seeing this.
This is a good compromise for the GOP to make, and will do much to improve their image in the eyes of independent voters, who they will need if they are going to seriously challenge Obama in 2012.
Article is here.
now if they can just renew the ss cut and pay for it by a surcharge on income over 1MM.
If the government would stop killing jobs, it wouldn't be an issue.
If it wasn't for the pressure put on the Republican Party by OWS, resulting in their being seen as only for the wealthy, and not for anybody else, I don't believe we would be seeing this.
This is a good compromise for the GOP to make, and will do much to improve their image in the eyes of independent voters, who they will need if they are going to seriously challenge Obama in 2012.
Article is here.
Senate Democrats want to levy a 3.5 percent surtax on million-dollar tax filers to cover the costs, while Senate Republicans unveiled an alternative on Wednesday that relies on freezing federal workers' pay through 2015 and reducing the government's bureaucracy by 200,000 jobs. The bill also would raise Medicare premiums for the wealthy, and take steps to deny unemployment benefits and food stamps to anyone with a seven-figure income.
If the Dem”s don't go for this, then it could be seen by john q public as protecting their own while telling middle class Americans to **** off.
Of course Democrats will be saying see .. . the Republicans are just protecting the rich like they always do. This time however the Republicans have an alternate plan out there, that many middle class Americans would agree with as well. Be interesting to see how this plays out ..
What a ****ing a cop out. "We're the party of cutting spending... oh wait... not REALLY! SEE SEE?? We care!!"
Of course, we cannot afford MORE social welfare programs, but let's spend that money our great grands kids haven't earned yet.
Yeah! We need that money for more $300 million fighter planes built for a war that never happened!
now if they can just renew the ss cut and pay for it by a surcharge on income over 1MM.
The SS cut will cost us $265 billion dollars.
A tax hike on millionaires will get us $21.5 billion.
Are you going to make up the remaining $243.5 billion ???
i think i've decided that the ss cut should only remain active for those making under 50k. and a freeze on federal salaries, and an across the board fed jobs cut.
i think i've decided that the ss cut should only remain active for those making under 50k. and a freeze on federal salaries, and an across the board fed jobs cut.
Are you going to also reduce the ss benefits for those under 50k too?
What's the SS cut? How does cutting SS cost us money?The SS cut will cost us $265 billion dollars.
no, why? ss is already a regressive tax. in fact, we should just up the tax cutoff to 250k.
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