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Here in Washington and across the nation, all eyes are fixed on the “fiscal cliff” talks between Congress and the President. Everyone wants to know if they should expect a tax hike in just a few weeks. At year end, the so-called Bush tax rates will expire and nearly everyone will see a tax hike on January 1 unless Congress acts.
Our economy is struggling, and the national wallet is bleeding dry.
As for all of the candidates on this year's ballot, this election cycle has been a very long, frustrating, rewarding and exhausting road. An extended primary thanks to some federal judges and the Democrats, a July runoff election and then a shortened sprint to the finish line. Former Texas Solicitor General Ted Cruz will cross that line sometime after 7 pm tonight and become Senator-elect Ted Cruz. That is a very hard-fought and well-earned title for him and a great victory for conservatives in Texas. Read more »
Here are a few random thoughts that put the week in perspective.
Thought one: A friend of mine observed that with the passage of the recent tax bill; those of us living will not see their taxes go up. Those who will die after January 1st will see their taxes go up.
Thought two: The most intolerant place in the United States may be San Francisco.
U.S. Congressman Kevin Brady (R-Texas) issued the following statement on the passage of tax relief for all Americans:
"For too long a gun has been pointed at taxpayers' heads. Letting that nearly $4 trillion tax gun go off would have hurt our families, small businesses, seniors and America's economy.
In this economy, it is critical to extend all tax cuts
Washington liberals in both parties should be ashamed. They continue unrestrained attack on the American capitalistic structure and expanded federal government overreach. As reported minutes ago on CNBC the “tax deal” is more about deals than taxes. It mostly leaves taxes unchanged for the next two years, simply changing dates of expiration from December 31, 2009 to December 31, 2011. It should stop there. Read more »
I am so not ready to spread holiday cheer.
Egg Nog is a perfect metaphor for liberals because they are disasters from the day they become eggs to the day they develop fully (de)formed noggins.
I have never seen such a bunch of imbeciles. They get angry when they lose, and for some reason get even angrier when they win. They can’t even tell the difference anymore. Read more »
Today, I released the following statement regarding the vote on the bipartisan tax bill, which passed the Senate by a vote of 83-15:
Raising taxes on anyone, especially American families and small businesses, during a fragile economic recovery is a terrible idea. Uncertainty has kept employers on the sidelines and extending existing tax policy creates stability and predictability allowing job creators to invest in our economy and create jobs.
Last week, current House Democrats rejected Senate Republicans’ agreement with Obama to extend ALL current tax rates (I don’t refer to “Bush Tax cuts” over 9 years later because…I’m not an idiot!) and there was talk of not even bringing it to the floor. Sunday, Chris Van Hollen (D-MD) said he was sure there would be a vote on the tax rate issue and that he was confident that in January there will be no tax increase “on middle-class Americans.” I’m confident that Senate Republicans will block a bill
Re-Thinking the Grand Compromise
At first blush, it appeared that the grand compromise between President Barack Obama and the Congressional Republican leadership was a huge win for Republicans. It appeared that Obama was willing to sign off on extending all of the Bush tax cuts for two years in return for Republicans agreeing to support
As Jews prepare to celebrate the eighth and final night of Hanukkah, I will make another attempt to teach the virtually unteachable about war.
Yesterday was Pearl Harbor Day, which led America into World War II and eventually into V.E. Day. America won the war and preserved the America way of life. Read more »