Blue Dogs Identifying Spending Cuts To Pay For Bush Tax Cuts For Wealthy

Hoping to find a middle ground in the debate raging over what to do about expiring Bush tax cuts, Blue Dog Democrats have escalated their pitch to leadership that rates for the wealthy should be kept in place and paid for by spending cuts elsewhere.

Two members of House Democratic leadership told the Huffington Post that the self-identified fiscally conservative faction of the caucus has been crafting a proposal to temporarily keep all taxes at current rates while not relinquishing the party's major talking point that such an extension would blow a hole in the deficit.

"People are very imprecise with the way they are talking about it and reporting it," Rep. Chris Van Hollen (D-Md) said in an interview last week. "The Blue Dogs have not proposed a permanent tax increase for the wealthy, just a temporary plan... At the most what they have proposed is a one or two-year extension and most of them are in favor of a permanent extension for the middle class."

"They are working to identify offsets in the event that they are doing a one- or two-year extension , which is totally different from the Republican plan."

In an interview with the Huffington Post on Thursday, Rep. James Cyburn (D-S.C) the House Majority Whip, confirmed that Blue Dogs are working on a plan to identify specific cuts in government spending as a means of paying for a temporary extension for tax cuts for the wealthy.

-snip

http://www.huffingtonpost.com/2010/09/24/blue-dogs-identifying-spe_n_738114.html

DISGUSTING!

and strand them on a remote and uncharted deserted island many thousands of miles away....








with JUSTIN BIEBER! :evilgrin:

"Should the Blue Dog approach ultimately win out, it would resemble yet another indication of the group's disproportionate power within the caucus."

The truly sad thing is for all of the money and power that they funnel to rich corporations, they get very little in return. What's a few million in campaign donations, jobs for them family, friends, and staff, sweetheart deals for their associates, and in return the multi-nationals get enourmous tax breaks and deregulation both of which lead to trillions of dollars to them.

Surely that's one source of their power.

go back the GOP where you belong. :mad: :puke: They aren't anything but old school, moderate GOPs from my youth.

the struggling top wage earners. :mad: We need to stop enabling them by supporting them as the better of 2 evils. I'm done supporting evil whether there is an R or D after their names.

but this sell-out of the People will continue until the entire Democratic Party does the same. :(

It's disgusting and DESPICABLE! I wish I believed in hell.

We've certainly seen that enough times in Minnesota.

:puke:

Let me guess what WON'T make the list of proposed cuts: Anything related to defense, weapons procurement, weapons development, the continuing occupations of Iraq and Afghanistan. What will make the list: A bunch of penny ante programs or grants that go to help po' folks, the value of which will total something less than the $650 billion cost of continuing the high end tax cuts they're so hot to maintain.

Motherfuckers. Disgusting motherfuckers.

all most politics is about in this country. The well being of the majority of the country does no matter, only the cash received through bribery matters, the contributions and political payoffs.

Those losers are costing us the election and endangering the future of our nation.

Take everyone who votes to extend tax cuts for the rich, both republicans and democrats from both houses, and take "ALL" their "PAY" from them, and divide it up and give it to the rich for their tax cut! No money from taxpayers, just the paychecks of all those who vote to extend the Bush tax cuts for the rich!

and I've no doubt the Blue Dogs would willingly make such cuts rather than sunset the tax cuts for the 2%. ;)

*sarcasm alert*

they offer the party little, they might as well be republicans so true democrats can get on with business w/o them. I will take every opportunity I can to vote them out.

Sorry, Blue Dogs, no free lunch. Oh well, lets hope that any losses Democrats experience in November are born by these psuedo-Republicans. We need to become as monolythic in our caucus discipline as Republicans are.

Republicans claim we cannot increase taxes on the wealthy because then they would spend less and hurt the economy.

Here's some econ 101 though. Tax increases matched by spending increases have a positive impact on the GDP of +1. That is, increase taxes by $100 million and increase government spending by $100 million and you grow the economy by $100 million. The reverse is also true. Cut taxes by $100 million, for example, and cut spending by $100 million and you shrink the economy by $100 million.

Not spending on the wars? *crickets*

Still, how about putting that money toward a real stimulus? Health care for all?

Blue Dogs show once again whose side they are on.

cuts for the wealthy SHOULDN'T EVEN BE ON THE TABLE - under ANY circumstances.

FUGGEDDABOUTIT!!

and the Democratic Party.