A repository for Marcospinelli's comments and essays published at other websites.

House Dems To Biden: 'One Year Of Unemployment Benefits For Two Years Of Tax Breaks For The Rich?'

Thursday, December 9, 2010


Last week it was $700 billion just for the tax cuts to the rich.

Last week it didn't have several of the 'goodies' for billionair­es that found their way into it, out of nowhere, wasn't on the radar, as if by magic, and agreed to by our compromin' 3-D chess-play­ing president.  

For example, it establishe­s a new Estate Tax exemption.  And it eliminated the 'Making Work Pay'-tax credit, which was developed as part of a broad plan to stimulate the economy without breaking the bank. The tax credit will be replaced by a far more expensive (and more fiscally unsound) two percentage point reduction in the payroll tax that paves the way for the ending of Social Security.

This 'deal' by Obama is about $900 billion right now, and by the time it gets some last minute goodies to sweeten the deal to get the bare minimum necessary to pass it, it'll go over $1 Trillion.  

Want to bet on it?

Instead of your sarcastic questionin­g of my veracity, why don't you learn the facts of what's in this (not such a) deal for yourself?
About House Democrats
Read the Article at HuffingtonPost

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