Push to make Bush tax cuts permanent delayed

[Amerigo Vespucci]

Source: CNN

WASHINGTON (CNN) — Despite it being one of their top priorities, congressional Republicans won’t push to make permanent many of the expiring tax cuts enacted in President Bush’s first term as part of an upcoming economic stimulus package, two Senate Republican leadership aides told CNN.

“I don’t think we can get 10 Democrats to support it,” said one of the aides who noted that such meager Democratic support would keep the proposal from getting the 60 votes it needs to pass the Senate.

In early positioning over the issue, Democrats had bluntly warned Republicans making permanent the controversial tax cuts was a non-starter and that a protracted battle over the issue could stall speedy passage of a stimulus package.

“Renewing the Bush tax cuts, which don’t expire until the end of 2010, should be off the table because they will thwart any chance of passing any stimulus,” said Sen. Chuck Schumer, D-NY, a leading Democrat on the issue.

Read more: http://politicalticker.blogs.cnn.com/2008/01/17/push-to-make-bush-tax-cuts-permanent-delayed/

[rodeodance]

1. funny -now its the Repugs who are in a box with the 60 vote criteria.

[Ishoutandscream2]

2. I wonder if these Repigs are following the market

Their fucking trickle down economics are really working, aren't they? At least the Dems are up to speed on this. Making these tax cuts permanent would only destroy the economy more.

[truedelphi]

3. Sadly the Repugs still don't get it

They are proposing a slash of the Corporate Tax rate from 35% down to 25% - so that the corporations will have the incentive to invest in this country.

Taklk about having your head up where the sun won't shine.

[nookiemonster]

7. Of course, it's the same old recycled crap.

Sure, lets cut the corporations some more slack while they "invest" in higher CEO incomes and move more shit offshore.

Man, these fuckers make my head hurt.

:mad:

[truedelphi]

8. I have disliked other administrations before

But never to the point where I have a permanent hangover

[CountAllVotes]

4. whelp there goes the other 30% of the remaining "base"

They were loyal enough while the game was going. Now it is not going any longer. Oh well. No more tax cuts for the rich! Wow! :wow:

:nopity: :nopity: :nopity:

:dem: :kick:

[sb5697]

5. The only thing I want permanently from Bush is...

him gone--high security prison preferably.

[Binka]

6. LOL! Welcome To Du My Friend!