President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on Friday preventing the Bush tax cuts from expiring for anyone. Progressives, like Paul Krugman and Huffington Post writers, have derided this compromise. To the liberal base, this Act is, in effect, the equivalent of what Bush’s immigration reform was to his base.
While the U.S. Senate was supposed to vote on the Dream Act today, the vote has been postponned until a vote can be talen on the controversial tax cut compromise worked out between the GOP and President Obama. The Dream Act,…
Fine, let them have there deal. But the price should be that they have to come up with the majority of votes to pass the legislation. The progressives in the House and Senate need to hold firm and vote no on the deal. That way the only one caving will be the President. Democrats, Liberals, Progressives, need to have the spine to stand up and say, loud and clear, we will not increase the federal deficit and debt to pay for tax cuts for millionaires and billionaires.
The previous entries in this occasional post were called Bits and Pieces. Frankly, that title didn’t fully suit the content. Truth is, even the most prolific contributors to TheLiberalOC.com have full-time jobs and we miss $#*! every day. Whether trivial…
Today, the President will speaking in the Cleveland, Ohio about his vision for the future of the American economy and about specific ways to move our economy forward. This morning White House Communications Director Dan Pfeiffer laid out the stakes on the economy ahead of the President’s remarks in Cleveland this afternoon.
Quick. What’s the biggest drain on our federal budget? Two wars off the books? TARP and other federal bailouts? The stimulus? According to the Congressional Budget Office (CBO), the answer can be found in the Bush Tax Cuts which benefitted…
The Republicans are crowing about this prospects in this Fall’s midterms and have been for quite some time. Traditionally, the president’s party loses seats in a midterm election and I do expect we’ll lose some seats in the House and…
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