Tag Archives: extend-the-bush

Senate Passes Obama/GOP Tax Cut Deal – 81 to 19

Posted on December 15, 2010 by Benny Hollywood| Comments Off on Senate Passes Obama/GOP Tax Cut Deal – 81 to 19

Washington (CNN) — The Senate approved a controversial $858 billion tax cut package Wednesday, overwhelmingly voting to extend the Bush-era tax reductions despite a series of objections from both the left and the right. The measure, which passed 81 to 19, now advances to the House of Representatives. Among other things, the package includes a two-year extension of the Bush-era tax cuts set to expire December 31. It also would extend unemployment benefits for 13 months, cut the payroll tax by 2 percentage points for a year, restore the estate tax at a lower level, and continue a series of other tax breaks. The estate tax — currently scheduled to exempt inheritances up to $1 million and tax amounts above that at a rate of 55% — would be reduced under the tax package to a rate of 35% on amounts above a $5 million individual exemption. The vote came hours after President Barack Obama urged lawmakers Wednesday to approve the deal, which the White House negotiated with Senate GOP leaders. added by: TimALoftis

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Krauthammer Scolds Shields for ‘Moaning and Bitching’ About the Tax Plan

Posted on December 11, 2010 by Benny Hollywood| Comments Off on Krauthammer Scolds Shields for ‘Moaning and Bitching’ About the Tax Plan

Charles Krauthammer on Friday scolded Mark Shields and other liberals for “moaning and bitching” about the President's compromise tax plan after months of demanding the White House implement a second stimulus package. After Shields on PBS's “Inside Washington” predictably criticized Obama for agreeing to extend the Bush tax cuts on the so-called rich, Krauthammer marvelously struck back (video follows with transcript and commentary): read more

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Krauthammer Scolds Shields for ‘Moaning and Bitching’ About the Tax Plan

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Feingold On His Tough Re-Election Race: I Blame George Bush!

Posted on September 2, 2010 by Benny Hollywood| Leave a comment

A recurring rubric at James Taranto’s Best of the Web Today column at the Wall Street Journal online, is “We Blame George W. Bush,” for tongue-in-cheek examples of the former prez being blamed for things palpably beyond his purview.  Let’s add another one to the list.  Dem senator Russ Feingold has blamed his tough re-election race on, yes, W. Let’s think about that. If Bush were such a bad president.  If his policies were so disastrous for the country. Wouldn’t that boost the chances of an incumbent Dem senator who, like Feingold, had voted against Bush policies every step along the way? Hey, I don’t try to understand Dem logic: I just report it.  Feingold made his logic-defying allegation on this evening’s Ed Show. ED SCHULTZ: Even the progressive Russ Feingold is in a real tough fight for his seat in Wisconsin.  Senator Feingold is a progressive—as progressive as you can get— he voted against the Iraq war, he voted against the Patriot Act, he voted against the Wall Street bailouts; all very strong progressive positions. But somehow we’ve gotten to the point where the less a candidate knows about Washington it seems the better off they are, and now Feingold, a guy who has always fought the good liberal fight is up against a candidate who is trying to buy the election so he can go to Washington and extend the Bush tax cuts for the rich. Senator Russ Feingold joins us tonight, here on the Ed Show. Senator, good to have you with us tonight.  You know, you have been one of the most hard-working guys out there.  You do over 70 town hall meetings a year.  What are you hearing in Wisconsin? And why are you polling below 50%? RUSS FEINGOLD: Well, this is a year of challenges because of the mess that was left us from the Bush years. Wait a second! If Bush were so awful, and you fought Bush every step of the way as Ed documented, wouldn’t that make you a winner in Wisconsin?  Could it possibly be that, now under Obama and a Dem congress, W [to quote those old Cross Your Heart commercials] is looking “suddenly shaplier”?

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Feingold On His Tough Re-Election Race: I Blame George Bush!

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