|
|
Reid Obstructs Request to Vote on Obama’s Tax Plan The Hill Senate Majority Leader Harry Reid (D-NV) on Wednesday rejected a Republican request to vote on President Obama’s income tax plan amid defections within his caucus on tax policy. Reid appeared exasperated by the Republican request to vote on extending the Bush-era tax rates when Democrats would prefer to focus this week on a small-business tax package estimated to create 1 million jobs. “When I came here this morning, I repeat for the third time, I asked what business was before this body. Small-business jobs bill,” Reid said. “There has been a direct attack on that legislation by saying, 'Let’s do something else. Let’s not do this right now.' " Reid was responding to a request by Senate Minority Leader Mitch McConnell (R-KY) to vote on Obama’s tax plan, which would extend the Bush tax rates for families earning less than $250,000, alongside a Republican proposal to extend the 2001 and 2003 tax rates for one year. “The Senate should make itself clear which policy it supports. This is our chance to do it,” said McConnell. Sen. Orrin Hatch (R-UT), the senior Republican on the Finance Committee, accused Democrats of filibustering the president’s tax plan. “They are filibustering their own bill. So what does that tell us? Here’s what it tells us. It tells us that the president’s tax increase plan is not just an economic disaster; it is a political loser,” Hatch said. Senate Democratic leaders are worried about potential defections within their caucus on taxes. At least seven Democratic senators have declined to rule out supporting a temporary extension of the Bush-era income tax rates. Several Senate Democrats running for reelection and Democratic Senate candidates have balked at Obama’s proposal to extend income tax rates only for families earning below $250,000. READ FULL SOURCE ARTICLE Editor's Note: Imagine that...Harry Reid running interference for Mr. Obama so Mr. Obama can float things he has no intention of pursuing...all for political gain...and you thought you sent your elected officials to Washington to execute government. The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more... The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on tax deductible donations from our readers and contributors. Please make a tax deductible donation today. The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more... The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on tax deductible donations from our readers and contributors. Please make a tax deductible donation today.
|