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"House Democrats who are trying to pass a long-stalled war funding bill are sweetening it with $10 billion to help local school districts avoid teacher layoffs when schools reopen," the AP writes. "The approximately $70 billion measure is anchored by President Barack Obama's $30 billion request for the troop surge in Afghanistan and contains money for disaster aid accounts, foreign aid and disability benefits for Vietnam veterans exposed to Agent Orange." It could pass this week.
"Home buyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House yesterday," the AP says.
"Democratic leaders in the Senate were trying Tuesday night to persuade Republicans to agree to a vote Wednesday on a newly introduced bill on unemployment benefits and a homebuyer tax credit, according to a Democratic leadership aide.”
Roll Call: "Faced with continued inaction in the Senate on a broader package of middle-class tax extensions and jobless benefits, House leaders have added to Tuesday’s schedule stand-alone bills restoring unemployment insurance benefits through November and extending a first-time homebuyer tax credit.”
"If you can gauge a man's fiscal restraint by how he gambles, it's a good thing John McCain didn't win the 2008 presidential election," the New York Daily News reports. "In his new book, 'The Zeroes: My Misadventures in the Decade Wall Street Went Insane,' published by Penguin's Portfolio imprint, author Randall Lane recounts his eye-rolling night playing craps with the hard-gambling Arizona senator."
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Boy am I glad Scott Brown and John McCain are in place to make sure that the big banks and the crooks that tanked our economy don't have to pay any of the costs associated with unwinding their intricate deceptions. I mean we cannot expect these big banks to take profits away from shareholders in the name of stability of the marketplace and consumer protections from deceptive and fraudulent practices. Let the buyer beware!
Joe Barton, BP called and your tee time is reserved for you at the country club. What time would you like the limo to pick you up for dinner on the yacht tonight?
I truly hope the Democrats make good use of this in the run up to November and that the American people FINALLY wake up and see that the Republicans are in bed with those that have assaulted our national treasury and that now have their sights set on what is left of our financial resources.
WHY wasn't this bill passed AGES AGO ?
WHAT is this Administration up to ? Bank regulation should have been done a year ago... BEFORE you give banks HAND OUTS ... Obama is a disappointment ....
FORGET Cap and Trade, Forget Homeless Aid, Forget Immigration.... STICK TO BASICS... the Economy, Financial Reform
HOLD A PRESS CONFERENCE !!
OBAMA IS FAILING
OK That's retarded. The bill hasn't passed because there are Republicans in congress. NEWS FLASH: Republicans want to save banks over people or have you been living in a cave? Over a year ago BUSH was president and guess what? I know tough concept for anyone over ten that has taken a civics course, but CONGRESS PASSES LAWS. Yeah you know I blame Obama for my grass not getting cut, and the fact that I have to go to a job and can't play x-box every day, but at some point reality has to set in, you know?
MSierra -- talk to your Republican senators about why this bill hasn't passed! The Dems and the President haven't had a lot of cooperation on much of anything from your friends on the right!
We can see that Leather Shorts Scott Brown and the repugnant ones are protecting Big Banking Thieves by not allowing for collecting $19 billion in new banking fees. Considering that Clueless George Wrong Bush's TARP program is going to cost us taxpayers over $100 billion after the dust settles this $19 billion was a paltry sum to collect for us taxpayers who were nice enough to invest in bailing out big banking from their own massive malfunction of their own greed and stupidity.
Rest assured that come November Pink Leather Shorts Brown and the repugnant ones are going to rue the day they decided to protect big banking thieves over us taxpayers. As always the dopes of nope protect the Wall Street Criminals over us Main Street regular Americans. All that $19 billion will be now is wasted on big executive bonuses or stockholder dividends, none of it will go into more loans for us.
Who do you think would pay for the $19 billion in banking fees? The banks themselves?
It's truly amazing that people who support the $19 billion "bank tax" don't realize that the banks themselves WOULD NOT PAY THIS - it would be passed along to their customers in form of higher fees and even less available credit.
Can the Democrataic leadership not see that? Are they really that stupd? Apparently they are!
Its truly amazing that you would want to protect the same people who bet everything with YOUR money to gamble on the riskiest "investment" vehicles ever concocted. Can the Republican leadership not see that the American people are sick and tired of having Wall Street rape our wallets? Are they really that stupid? Yes they are! Sorry BP, we did not mean to actually hold you responsible for all the damage you did. PLEASE don't pick up all your nasty, toxic sludge and leave us all alone with nothing!
SO your saying madman that banks don't make profit and that if I don't open my wallet to them and give them everything then I'll pay for it in the end? I'm not really sure it works like that. If you have a problem with the tax join a credit union don't penalize the rest of us for wanting to prevent another meltdown. Thanks