RUSH: Hey, folks, have you seen the economic news today? Have you heard about the unemployment numbers today? (laughing) Gross domestic product, have you heard about any of that? Because I have it here, and it sucks. It’s a disaster. The economy of this country remains a disaster. And we, the American people, have just been deceived in ways that nobody contemplated. And what we now have is the biggest tax increase in the history of the world. What we have been told by the chief justice of the Supreme Court and four liberals on the court: Obamacare is just a massive tax increase. That’s all it is. Obama lied to us about that. The Democrats lied. “It wasn’t a tax. There was no way it was a tax.”(Read More)
Get your burp bag because you are going to be sick. And our congressmen/women are suppose to be watching the chicken house.
If the traditional description of the political parties wasn’t evident enough before the payroll tax/UI kerfuffle, it certainly is now: Democrats are evil and Republicans are stupid. Democrats are evil for insidiously driving up the deficit, perpetuating unemployment, lying about Social Security and passing short-term unworkable Social Security tax holidays for political gain. Republicans are stupid for a) having Mitch McConnell as Senate Leader and b) coming back to fight the evilness… but then failing to fight it. They should have outflanked the Democrats on the tax cut and waged a separate battle over Unemployment Insurance (UI). Instead they begged Democrats to come to conference with them, a losing proposition from day one.(Read More)
Senate Majority Leader Harry Reid, D-Nev., on Monday outlined a new Democratic propoPost Tagssal to expand a payroll-tax cut for employees while tweaking how the bill is paid for in a nod to Republican concerns.
Democrats will scale back a bill rejected in a Senate vote last week by eliminating proposed payroll-tax benefits for employers. The new bill will leave in place a proposal to cut the payroll-tax rate for employees from 4.2 percent to 3.1 percent, Democrats said. That will lower the cost of the plan from $265 billion to $180 billion, in an attempt to address GOP concerns about the measure’s overall cost.
Do you realize that the more congress cuts the Pay-roll tax, the more money tey are taking out of our Social Security accounts. Tell them to STOP.(Read More)
Comments from the six Republicans on the Super
committee. Pay particular attention to Paragraph 3. We need to call our Congressman and see what can be done to keep those tax cuts in place..+(Read More)
If Democrats could blance the budget tomorrow and quadruple government spending they would refuse the deal unless they could also make the Republicans break their tax pledge. That is their sinlge- minded goal.(Read More)