Tag Archive for Republican mistakes

Obama Weekly Address: GOP Leadership Standing up for Outsourcing and Special Interests

When the GOP asked the American people, through a website, for ideas, one that drew great deal of interest is ending tax breaks for companies that ship jobs overseas. But when the administration closed one of the most egregious loopholes for companies creating jobs overseas, Republicans were almost unanimously opposed. Rather than offering a path to a better future, their plan is an echo of a disastrous decade the country cannot afford to relive.

Pelosi: Lowest taxes since 1950 because of Democrats changes in tax policy

“Despite all their rhetoric, when the time came to support lower taxes for 98 percent of Americans, Republicans in Congress voted ‘no.’ Not a single Republican voted for tax relief, even in the midst of the greatest recession since Herbert Hoover that they created through the policies of the Bush Administration. By siding with Wall Street, Big Banks, and special interests, Congressional Republicans threaten to reverse this progress and return us to an era of devastating job losses, fiscal irresponsibility, and financial chaos.

Senate Republicans Block Debate on Financial Reform Bill

Democrats failed to get the cloture vote, on Monday, which is necessary to proceed debate on a financial reform bill putting tougher restrictions on Wall Street. Based on the things they are opposing, it’s an easy sell to voters that Republicans are taking their orders from Wall Street.