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NYT: Obama will not extend Bush era tax cuts to wealthy

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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:07 PM
Original message
NYT: Obama will not extend Bush era tax cuts to wealthy
President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies.

http://www.nytimes.com/2010/09/08/us/politics/08obama.html
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Number23 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:08 PM
Response to Original message
1. Well would you just looky here, looky here...
Kicked and rec'd
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SugarShack Donating Member (979 posts) Send PM | Profile | Ignore Wed Sep-08-10 02:34 PM
Response to Reply #1
30. Obama must be held to this or everything is OFF the table...there will be no money
to continue Bush's wars.
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liskddksil Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:08 PM
Response to Original message
2. He's two for two!
Maybe that vacation helped him see the light!
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ZombieHorde Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:09 PM
Response to Original message
3. Unexpected and recommended. nt
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:11 PM
Response to Reply #3
5. Unexpected?
They've been talking about only keeping the cuts for the middle and working classes for months.
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mikekohr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:53 PM
Response to Reply #5
14. Exactly nt
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ZombieHorde Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 10:52 PM
Response to Reply #5
19. Public option. nt
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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 06:58 AM
Response to Reply #19
26. delete
Edited on Wed Sep-08-10 07:01 AM by Mass
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:10 PM
Response to Original message
4. woot!
:woohoo:
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Mojambo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:11 PM
Original message
Good call, Mr President. n/t
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provis99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:11 PM
Response to Original message
6. splendid news!
I hope the Republicans whine and complain how their base is being unfairly targeted!
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firedupdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:14 PM
Response to Original message
7. K&R n/t
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:21 PM
Response to Original message
8. k'n'r
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azmouse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:23 PM
Response to Original message
9. Yes!
You're a good man, Pres Obama!
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:23 PM
Response to Original message
10. Well now we know why Orzag quit.
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nmbluesky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:30 PM
Response to Original message
11. GOOD
FUCK GOP FUCK TEABAGGER FUCK BUSH TAX
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:45 PM
Response to Original message
12. He kept saying this.....
but unknown sources and rumors said otherwise.

Guess who one believed says a whole lot.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:51 PM
Response to Original message
13. That would be a pleasant surprise
I guess we'll know in the next few months.
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:54 PM
Response to Original message
15. It's good that he rejects Orszag's craziness
But it's going to be nearly impossible for him to craft a tax bill that leaves the under $250K folks alone, while doing what needs to be done to the well-off. If that's the case, then let the whole set of Bush tax cuts expire.
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:58 PM
Response to Original message
16. I hope he sticks to his guns on this, and not fold like he did on the PO.
He can keep the pressure on and push this through the mid-terms. I doubt he will get a bill before then, but after the mid-terms he can see the shape of Congress.

Even if rethugs win, he should still be able to bully them into passing tax cuts for the working class.
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 08:58 PM
Response to Original message
17. I am SO glad to read this!
Crossing my fingers that he holds his resolve.
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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 09:14 PM
Response to Original message
18. Great move
He's giving Democrats a clear point of differentiation and the government a path to fiscal stability. Politics and policy intersect.
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 10:54 PM
Response to Original message
20. Don't dream it, be it, Mr. Prez!
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-10 10:56 PM
Response to Original message
21. I'm applauding. nt
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 05:37 AM
Response to Original message
22. Way to go!
This is what we wanted to hear.
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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 05:50 AM
Response to Original message
23. when this is major news coming from a democratic admin then you know we're scrw'd
Edited on Wed Sep-08-10 05:51 AM by democracy1st
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impik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 06:11 AM
Response to Original message
24. Of course not
Only blind and hateful people can ignore the excellent percentage this president have of keeping campaign promises.
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Whisp Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 11:33 AM
Response to Reply #24
28. they're shitting their diapers about now.
what, good news?
whaaaaaaaa! I want to fucking moan!!! let me moan!!!

fuck'em!!!
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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 06:54 AM
Response to Original message
25. delete
Edited on Wed Sep-08-10 07:01 AM by Mass
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 11:26 AM
Response to Original message
27. Gosh, all that hand-wringing here was for naught?
Edited on Wed Sep-08-10 11:33 AM by mzmolly
Imagine...
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 01:10 PM
Response to Original message
29. Not so fast:
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 02:43 PM
Response to Original message
31. It can't get any more clear than that..so it's time for
the rumors being pushed to stop.
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Blue Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 04:25 PM
Response to Original message
32. Suck it, all you rich bitches!
:applause:
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on point Donating Member (613 posts) Send PM | Profile | Ignore Wed Sep-08-10 07:35 PM
Response to Original message
33. I'll believe it when I see it...
Barack usually says something admirable on the front side of issues, but then immediately starts caving on this issue.

I no longer trust his words, but judge him on his actions only.

If he vetoes a bill that includes cuts for the wealthy, or only signs one that doesn't have it, only then will I believe his stand.
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CTLawGuy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-10 06:25 AM
Response to Reply #33
36. well Huey, what can I say but
good for you.
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eilen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 07:59 PM
Response to Original message
34. I am very glad he has drawn a line. nt
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jesus_of_suburbia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 08:16 PM
Response to Original message
35. Very good news! I'm glad he finally decided to stand up against the Repukes!
We need to give credit when credit is due....


K&R!
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