Quote:
Originally Posted by SOREHOOF
It's not the Govt.'s money. The $25,000 they say they are losing isn't theirs in the first place!
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People need to get a grip. Bush gave a temporary decrease in the tax rate. It had a sunset date. Anything anybody gets beyond that is a brand new deal. The difference between 2001 and 2003 (when this unfunded change occurred) is that now we've spent those years borrowing from China and the Saudis to pay for it, and we are trillions in debt.
This whole thing isn't a done deal by any means. Tax bills come out of the House. John Boehner has already
publicly admitted he's not even whipping his caucus to vote for this (the GOP is still completely obstructing anything Obama wants - un effing believable). The Dem progressive caucus is still furious at Obama and threatening no.
Right now the votes are not there.
http://www.huffingtonpost.com/2010/1..._n_793540.html
It could go that nothing happens, all the tax cuts, unemployment, etc. just expire. 218 is the magic number.