Question: What's the difference between the democrats and the republicans?
Answer: Democrats do not make a habit of backstabbing their own supporters.
Now the media is reporting an agreement has been reached in congress over the terms of the stimulus package. It appears to be a game, set , match win for democrats. They get rebates, even for those who pay no income tax, but the rebates are income limited, so those earning above fairly low ceilings will get zilch. Gee thanks, republicans. Of course, the business constituency will get some goodies, mainly investment credits. Early on in the negotiations the republicans folded like a cheap lawn chair on the single most important issue, making the Bush tax cuts permanent.
Somehow braindead republicans scared themselves silly over a two week period and gave away the store to democrats. Now we will be told that we "can't afford" meaningful tax relief, and that taxes must be raised on the "wealthy" to pay for all this.
And they wonder why they lost the congress and their voters despise them?
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$300 to $1,200 Per Family
WASHINGTON (AP) - Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per family and business tax cuts to jolt the slumping economy.
Congressional officials close to the negotiations said House Speaker Nancy Pelosi and Republican Leader John Boehner of Ohio reached agreement in principle in a telephone call Thursday morning.
The officials, speaking on condition of anonymity, said the two wanted key members of their parties to sign off on the accord before any announcement.
The accord came as the White House said Thursday an agreement was imminent.
Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.
Families with children would receive an additional $300 per child, subject to an overall cap of perhaps $1,200, according to a senior House aide who outlined the deal on condition of anonymity in advance of formal adoption of the whole package. Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.
Answer: Democrats do not make a habit of backstabbing their own supporters.
Now the media is reporting an agreement has been reached in congress over the terms of the stimulus package. It appears to be a game, set , match win for democrats. They get rebates, even for those who pay no income tax, but the rebates are income limited, so those earning above fairly low ceilings will get zilch. Gee thanks, republicans. Of course, the business constituency will get some goodies, mainly investment credits. Early on in the negotiations the republicans folded like a cheap lawn chair on the single most important issue, making the Bush tax cuts permanent.
Somehow braindead republicans scared themselves silly over a two week period and gave away the store to democrats. Now we will be told that we "can't afford" meaningful tax relief, and that taxes must be raised on the "wealthy" to pay for all this.
And they wonder why they lost the congress and their voters despise them?
************************
View larger image
$300 to $1,200 Per Family
WASHINGTON (AP) - Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per family and business tax cuts to jolt the slumping economy.
Congressional officials close to the negotiations said House Speaker Nancy Pelosi and Republican Leader John Boehner of Ohio reached agreement in principle in a telephone call Thursday morning.
The officials, speaking on condition of anonymity, said the two wanted key members of their parties to sign off on the accord before any announcement.
The accord came as the White House said Thursday an agreement was imminent.
Pelosi, D-Calif., agreed to drop increases in food stamp and unemployment benefits during a Wednesday meeting in exchange for gaining rebates of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes.
Families with children would receive an additional $300 per child, subject to an overall cap of perhaps $1,200, according to a senior House aide who outlined the deal on condition of anonymity in advance of formal adoption of the whole package. Rebates would go to people earning below a certain income cap, likely individuals earning $75,000 or less and couples with incomes of $150,000 or less.
