Tag Archives: bush tax cuts

Reid: GOP Must Raise Rates To Avoid ‘Cliff’

Nevada Senator Harry Reid, speaking from the Senate floor, warns his Republican colleagues that if they cannot agree to ask the wealthiest Americans to pay a little more, the country could go over the ‘fiscal cliff.’

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Reid: Only Thing Standing In The Way of Agreement Is Republicans

Nevada Senator Harry Reid speaks to reporters in the Capitol about the state of budget and tax negotiations.

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House Minority Leader Pelosi on “Fiscal Cliff”

House Minority Leader Nancy Pelosi (D-CA) addresses the House regarding the “fiscal cliff” negotiations.

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GOP Senate Candidate:”Bush Tax Cuts Terrible Economic Policy”

Courtesy of The Uptake: GOP Senate Candidate:”Bush Tax Cuts Terrible Economic Policy” from The UpTake. Like this? Watch the latest episode of The UpTake on Blip! http://blip.tv/the-uptake/watch Republican candidate for Minnesota’s US Senate seat Kurt Bills surprised even his Democratic opponent Senator Amy Klobuchar when he called the Bush era tax cuts “terrible economic policy”. “You don’t put temporary tax cuts in. What are you doing? You can’t do that” Bills said in a debate with Klobuchar. After the debate Klobuchar told The UpTake’s Mike McIntee she was “surprised” by Bills’ statement because in June he signed the Grover Nordquist pledge to not raise taxes. Revoking the Bush tax cuts would be a tax increase. Klobuchar generally supports the Obama administration plan to let the … Continue reading

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Senator Franken: What The United States Should And Shouldn’t Do About Our Debt Crisis

Senator Franken took to the floor of the United States Senate this week to give some background on our debt crisis and offer advice on how we should solve that crisis. We have to raise our debt ceiling, says Franken, because we have obligations that we MUST meet: Franken goes on to explain that the debt ceiling is being “held hostage” by Republicans so that they can end medicare as we know it: Couldn’t we get rid of oil subsidies for companies making record profits, asks Senator Franken, rather than punish those who rely on programs such as Medicaid: An “exquisitely incomprehensible economic theory“: “The investments we made in the 40s and 50s and 60s and 70s in science and technology and infrastructure was the … Continue reading

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