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Majority Leader Steny Hoyer (D-MD) said he expects the tax cut compromise bill that just passed in the Senate to go to the Rules Committee today, but doesn't really think bringing to to the floor tonight is an option. Hoyer is still keeping quiet on what changes to the bill will get separate votes.
"They [Rules Committee] haven't decided what those options will be," Hoyer said, "but I think there will be options."
But he did say that the leadership is not whipping the bill.
OFF CAMERA:
Hoyer: "We expect them [the Senate] to give it to us between 2 and 3. And then we well go to the Rules Committee probably tonight and have the bill out tomorrow."
Reporter: Any chance of voting on the rule tonight and getting that out of the way?
Hoyer: "I don't think so."
Reporter: So when's the bill coming to the floor?
Hoyer: "No later than tomorrow."
Reporter: So you think tonight is still an option?
Hoyer: "No, I really don't."
Reporter: Do you think the bill will passed unchanged from the Senate version?
Hoyer: "We're not whipping it."
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Best deal he could get ? This is such BS ...... this hack needs to be voted out !!!!......I wasted my vote on him....Hillary 2012 Join us ....
He did the same dam thing with health care ...bending over and crabbing his ankles ...
@NotBuyingThis : Obama was never for a Public Option, so he didn't push for one and the Healthcare bill doesn't have one.
The Tax bill shows some of Obama's confusion. This ENTIRE year, the Republicans and Tea Party folks have been screaming about runaway costs and getting the deficit under control. The Republicans in the Senate all signed a letter saying that they wouldn't work on anything but the budget or the Bush Tax issue.
Turns out that the Republicinas don't really care that much about the deficit either - just getting the tax rates extended and getting the inheritance taxes reduced.
All this deficit talk for nothing!
Even the special deficit panel recommendations came out and were talked about less than the latest episode of "Grays Anatomy".
Obama got what he wanted out of the Bush Tax agreement which was the unemployment extension. Its unpaid for, but so are the tax rates that the Republicans wanted.
Don't blame Obama alone - we have all been bambozzled by Washington because all the politicians got exactly what they wanted.
Now they just have to vote and then go home for Egg Nog.
You think your vote would have been better spent on John "Just build the damn fence!" McCain and his reality-TV VP ?
Your vote wasn't wasted.. it went to the best candidate at the time.
Pablo
You do realize that unless the regime is already counting the money being brought in next year if the tax rates go up, we don't have to borrow any money right?
Its a lot like your home budget.....you don't start spending money that you dont already have.
And by the way this lot we have in Washington now (D and R) are all like my ex wife....... they've never seen a dollar that they didnt want to spend
Larry
You are the type of person that is destroying our nation. We have had 10 years of Bush Tax cuts and have you noticed. We went from a 400 billion dollar surplus that was supposed to be used to pay down our 5 trillion dollar debt, to a 14 trillion dollar national debt. It's not rocket science.
The top tax bracket in 1976 was around 70 percent. These wealthy people complained about taxes back then, but they stayed in business. They were still keeping millions. The wealthy have had record profits in the last two years while the workers have been suffering. We lose our home and life savings, and these rich bastards sit back and buy the elections. In Eisenhour's day, the top bracket was around 90%.
When our economy and our dollar collapse, you and people like you will be to blame. Obama needs to take his head out of his you know what. He will be just as responsible. He needs to let all the tax cuts expire. He needs to stop these rediculous trade agreements that make billions for other countries and the wealthiest Americans, but destroys the working class of America. Our problem isn't the money we spend, it's the interest we pay on our national debt. If we had kept up what was going on in 2000, we would be debt free as a nation.
I with Obama on this Hillary would have cut the same deal! You have know idea how politics work in this country I know you are trying to stir the pot so you and your secret right wing thugs can win in 2012.
I can hear the wailing and whining and crying and pissing and moaning already. Today and tomorrow will likely be the most Hillaryous skit ever from House Dems!!!!
Watching Pelosi, Weiner, Van Hollen, Grayson, Kucinich, Clyburn, Frank, Waxman, Cummings, and the rest of the House looney left have to eat dirt when this bill passes will be, as the commercial says, "priceless".
LMAO!!!!
So Joe, you are OK with adding to the deficit?
It looks that way!
I'm about 99.9% convinced that no one in Washington, R or D, House or Senate or White House, will do ANYTHING to seriously address the deficit until, and unless, there is a crisis that is so HUGE they cannot avoid it. Say, the world's credit markets refusing to buy US Treasury securities when the govt tries to roll over maturing debt. Or something of similar magnitude.
Given that, I'd much rather see the inevitable deficits fund leaving more money in taxpayer's pockets than give it to Washington pols (R or D) to use on wasteful spending programs.
BTW, my guesstimate is the HUGE crisis is much closer than most think - somewhere between 2015-2025.
Joe in Albany
It could very well blow up in the next year. And I don't think it will be by accident. The wealthy blatantly bought the Republican candidates this last election. The debt will jump by two trillion dollars with this new budget and tax cut. We need to do away with all the Senators and Representatives. They are just a waste of tax payer money.
I'm not rich, so I hope the dollar does collapse just like the Wealthy are pushing for. Then we can listen to all the Republican supporters really cry. Then they will see they are the ones that backed the wrong horse.
I am against this because I heard that every man, woman and child had just borrowed $3,000 to pay for this bill. Here I am getting my house in order by reducing debt and living within my means and the government just goes and puts me back in the ditch.
They only have to borrow the money if they don't get their spending in line with the amount of revenue they bring in.
I'm confused, Joe- you are FOR this bill, then? You are FOR more debt, then?
I had you pegged wrong all this time. Sorry, guy.
See 3.3 above.
MSNBC is reporting that President Obama has urged that the House pass the Senate's extension of all the Bush tax cuts without ANY changes to the legislation.
Our own Mark Murray says that any attempt to change the Senate bill in the House will likely result in the clock running out for this session of Congress, and the failure of the Obama-GOP compromise.
So...who really, really wants to change the Senate bill in the House? Let's start with House Democratic "leaders" like Rep. Chris Van Hollen (D-MD), Rep. Anthony Weiner (D-NY), not to mention virtually all of the members of the Congressional Black Caucus.
Would they really shoot down their own President?
Stay tuned...
Mixed Bag
I hope this goes through
As a fiscal conservative there are parts of the bill (lots of parts) that smell bad, but it is the best to be done at the present time and both sides are holding their noses over some parts.
The President made the effort to put accomplishing something the people needed ahead of ideological purity.
Once the new Congress is in session, real tax code reform (a total restructuring of the rates) can be addressed, along with government structure, regulation reform, and across the board spending cuts
I didn;t voe for nor do I agree with President Obama, but I think he did some good here and laid the bass for working with the Republicans and Democrats in the future to get these done for the American people.
The House and the Senate need to get over their ideological rants and blindness on both sides of the aisle and work together to get hings down going forward, I remember a quote (not sure who said it), concerning the legislative process.
"The other party is not the enemy they are the opposition. The Senate now there is the enemy"
Obviously a member of the House but I am not sure who said that
While I understand all the "wrangling' over WHO's tax rate SHOULD or SHOULDN'T be changed as well as the estate tax debate, i'm concerned about 1 THING and 1 THING ONLY.........my unemployment insurance ran-out, I DIDN'T ask to be laid-off, I pay taxes when working, IN FACT.....even my unemployment insurance had taxes taken out of it so while i'm looking for another job I NEED an extension!!! Pretty soon I won't have gas $$ to go to job interviews, maybe have to pull my kids from college etc......... MERRY FRIGGIN' CHRISTMAS!!! GET THIS DEAL DONE!!!!
So again my question to Liberals / Progressive / No label (whatever you are calling yourselves today to hide the fact that you are socialists) is this:
Why, again, is it a good idea to tax the highest income earners at higher rates than everyone else? Doesn't that do the EXACT opposite of what we want the economy to do? Doesn't that make people say "Hey if Im going to have to give the government MORE of my money the more successful I become-- I think Ill just stop being successful....."
If it smells like an attempt at socialism, sounds like an attempt at socialism and feels like an attempt at socialism..... it must be socialism.....
This is nothing more than the government "punishing" the successful and giving the successful's money to the lazy forcefully..... Didnt Russia do something just like this a while ago? How did that hope and change work out for them?
Larry
I guess you would like our country to start being like Saudi Arabia. A few thousand wealthy and the rest of the people poor. We had the greatest nation on this planet because we had a good tax plan back when Clinton was in office. But Bush came along and destroyed that. Amazing how those unhappy billionaires got even richer while most of us lost our ass. And it's not over. The housing market is still seeing record numbers of foreclosures.
If you don't like paying a lot of money in taxes, give your money to the poor and lower your tax bracket. I wish I had to pay 40 percent income tax. Everybody knows that the more you make, the more you pay in taxes. Democrats are the only ones that have reduced the size of government, but the conservatives do not have a clue.
Larry
It sounds like you spend a lot of time listening to that whacko Beck. Don't feel ashamed. I hear he has an audience of over 1 million ding bats. I watched him when he was on CNN and he was boring. Now he is just an obnoxious liar. At least he admits he is a liar. Now, if only his viewers would figure it out.
This whole thing is tragic. The spin doctors are at work though and that is the biggest shame. All these politicians spend more time spinning to make the other party look bad instead of working together to make the right decisions for the people and country as a whole.
I hope Nancy tells them all to go _____— themselves ! This is a sell out and once again the people are asked to bend over and grab their ankles !!!...This is NOT the president i voted for i hope they republicans kick his a$$ out ........HILLARY 2012 JOIN US !!!!
I hope the house has the balls to kill this. Giving tax breaks to billionairs will not create jobs in the US. they'll just invest in the factories overseas where all our jobs are now located.
And if you tax the crap out of them they will just move more of them along with the corporate offices overseas where the tax rates favor businesses and you people that want all this wealth distribution will be left holding an empty bag. Then who are you going to tax for your next entitlement
Hope the house kills the bill and lets all the tax cuts expire. The whole lot is washington is disgusting. The democrats could have addressed this tax extension before the lame duck but didn't have the spine. They waited until it became a crisis and then anything goes for God and country. What a bunch of crap. We need to stop sending all of our money to China whether through Wallmart or treasury bills. Now a great time to start.
I have posted this already here before You guys should stop complaining because, one the health care we have now isnt as good as it was supposed to be. also the law has just been signed so give it some time. so if u want to say u have the right to choose tell that to ur congress men or state official. If you do not have insurance and need one You can find full medical coverage at the lowest price check search online for "Wise Health Insurance" If you have health insurance and do not care about cost just be happy about it and believe me you are not going to loose anything!
You know what You guys should stop complaining because, one the health care we have now isnt as good as it was supposed to be. also the law has just been signed so give it some time. so if u want to say u have the right to choose tell that to ur congress men or state official. If you do not have insurance and need one You can find full medical coverage at the lowest price by searching online for "Wise Health Insurance" If you have health insurance and do not care about cost just be happy it and trust me you are not going to loose anything!
Why are we yapping about the tax bill, when most of the Congressmen and Senators already know the U.S. Dollar will soon be removed as the world reserve currency, and when it goes, so goes the nation. So what do the politicians care if they blow more Chinese money on our deficit spending, its never going to be paid back anyway.
This nation is in for a rough landing very soon, and the rich and powerful have likely already stocked up on over 2 trillion dollars in gold coins, which is why all that money the Feds gave as loans to the rich & powerful is not being spent to help the economy, its being hoarded by the top 2% of the rich people so that the landing will be soft for them, and too hell with the other 98 % of Americans.