Monday, December 6, 2010

THE KICKING AND DRAGGING CONTINUES AS THE REPUBLICANS PUSH THE CURRENT TAX RATE

THE BLAMING CONTINUES AS THE REPUBLICANS DRAGS THE PRESIDENT INTO A COMPROMISE. BUT A COMPROMISE THAT WILL COST 56 BILLION MORE ON THE BUDGET DEFICIT. AFTER WATCHING THE NEWS WITH THE PRESIDENT EXPLAINING THE COMPROMISE. HE WAS SURE UNPLEASANT ABOUT THE COMPROMISE AND STILL DOING THE BLAME GAME.
THE COMPROMISE.....
1. TWO YEAR EXTENSION ON CURRENT BUSH TAX RATE.
2. THIRTEEN MONTHS ON EXTENDING UNEMPLOYMENT ($56BILLION).
3. TWO PERCENT PAYROLL TAX CUT
4. DEATH ESTATE TAX EXEMPT FOR UP TO 5MILLION (10MILLION FAMILIES)

I sure hope they can find a way to pay for the $56billion. Considering that $319billion unployment benefit was already paid in the last 3years. This is now a right no longer a safety net.

http://thehill.com/homenews/administration/132309-obama-gop-strike-deal-on-taxes-unemployment

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