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  1. #1
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    More Democrats break with Obama on tax cuts

    September 15, 2010
    More Democrats break with Obama on tax cuts
    Posted: September 15th, 2010 07:38 PM ET

    From CNN Congressional Producer Deirdre Walsh


    A group of Democrats sent a letter to House Democratic leaders urging them to extend expiring tax breaks for all income levels.
    Washington (CNN) – Thirty-one House Democrats, most of whom face tough re-election bids this fall, have signed a letter to House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer urging them to extend expiring tax breaks for all income levels, including the wealthy.

    Pelosi and other House Democratic leaders have made it clear they support President Obama's proposal to vote on a bill that only renews tax breaks for those making $250,000 and under. But with the midterm elections less than two months away, leaders have not yet decided whether they will schedule a vote on the legislation before voters go to the polls.

    The letter–written by Utah Rep. Jim Matheson, Illinois Rep. Melissa Bean, Virginia Rep. Glenn Nye and Michigan Rep. Gary Peters–states that after listening to economists, small businesses and families over recent weeks they are concerned that "raising any taxes right now could negatively impact economic growth."


    "We believe in times of economic recovery it makes good sense to maintain things as they are in the short term, to provide families and businesses the certainty required to plan and make sound budget decisions. Providing this certainty will give small businesses, the backbone of our economic recovery, confidence and stability," the lawmakers wrote.

    CNN reported that the four authors were circulating a draft of the letter earlier this week. But with more than 30 Democrats now signed on to the final letter, Democratic leaders will face increasing pressure to address the concerns of these moderate members.

    Republican congressional leaders have been making similar arguments, pushing for a two year freeze on all current tax rates.

    Earlier on Wednesday, Hoyer told reporters he could consider proposals to extend tax cuts for higher wage earners, but he also stressed his strong support for just renewing the middle income tax breaks.

    Later Wednesday, Hoyer released a written statement noting he was simply saying he was willing to talk to others about their positions.

    "Unfortunately, the reports of my answer implied a willingness to support an extension of Bush policies," he wrote. "That is incorrect."

    http://politicalticker.blogs.cnn.com...a-on-tax-cuts/

    I was wondering what people thought about this, politically. Is this just vunerable Dems trying to save themselves or is this a bigger deal, a potential divison within the Democratic party?

  2. #2
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    I think it is Democrats trying to like republicans in their districts which i would guess are more conservative than others. I see Utah and Virginia up there, now i can only speak for Virginia but we tend to be a more conservative state than the "average" state.
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  3. #3
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    Exactly these are just members of congress who probably got thousands of letters and phone calls from conservative voters telling them to have them extend tax cuts or else they arent getting their vote.

  4. #4
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    Anyone supporting these extensions cannot possibly call themselves fiscally conservative. The detrimental effect they would have on the debt is massive.

    How about we wait till the economy picks up; cut the spending back as consumption picks up and then see what's happening at that point. At that point if we have a surplus, we can then pay back some debt if we'd like or have tax cuts at that point.

    It's like we want the rewards without doing the work now. That's anything but fiscally conservative.
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  5. #5
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    Quote Originally Posted by ari1013 View Post
    Anyone supporting these extensions cannot possibly call themselves fiscally conservative. The detrimental effect they would have on the debt is massive.

    How about we wait till the economy picks up; cut the spending back as consumption picks up and then see what's happening at that point. At that point if we have a surplus, we can then pay back some debt if we'd like or have tax cuts at that point.

    It's like we want the rewards without doing the work now. That's anything but fiscally conservative.
    Agree, you got to love this congress and both parties. Somewhere down the line we will have to face a tax increase or cuts in social services or entitlements.

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