Bush Tax Cuts Extension Bill Would Be Vetoed By Obama

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    Jul 10, 2012 4:10 PM GMT
    WASHINGTON -- President Barack Obama would veto legislation that extends all of the Bush administration's tax cuts, including those for the middle class, White House Press Secretary Jay Carney said Monday.

    But top Republican aides said they don't buy it.

    During his daily briefing, Carney was initially vague about whether Obama would go so far as vetoing such a bill if it landed on his desk. Republicans are pushing to extend all of the Bush tax cuts before they expire at the end of the year, while Democrats only want to keep the cuts targeting people making $250,000 or less. Until now, the White House hasn't definitively said whether Obama is prepared to veto an across-the-board tax cut extension, even if it includes the tax cuts sought by him and Democrats.

    "He would not support it. He would not sign that bill," Carney said, when asked if Obama could support a bill that extended all of the Bush tax cuts. Pressed further on whether the president would simply not sign such a bill or if he would actually veto it, Carney finally said, "He would veto."
    Throughout the debate on the Bush tax cuts, Democrats regularly accuse Republicans of holding middle-class tax cuts hostage to tax breaks for the wealthy. Carney dismissed the idea that, with a veto threat now waged, Republicans could make the same argument about Obama holding the tax cuts hostage to the wealthy. Instead, he said, Republicans should focus on where there is middle ground on the issue.

    "There is a great deal of disagreement about whether or not the wealthiest of Americans should see their tax cuts extended," Carney said. But the president believes "that it's good economic policy to extend the tax cuts for 98 percent of taxpaying Americans, and so do Republicans. So let’s do that."

    House and Senate leadership aides suggested Carney was bluffing about the veto threat, particularly since Obama backed a full, albeit temporary, extension of all of the Bush tax cuts in 2010.
    "We've heard it all before, but the president has even fewer Democratic allies in Congress than he did two years ago, when he signed a full extension," said Brendan Buck, a spokesman for House Speaker John Boehner (R-Ohio). "No one believes the president would really derail our economy just to fulfill his quixotic desire for small business tax hikes.”

    Don Stewart, a spokesman for Senate Minority Leader Mitch McConnell (R-Ky.), said it would show Obama's "serious commitment to job-killing tax hikes" if he vetoed a bill to extend all of the Bush tax cuts.

    "It's certainly interesting that the president's commitment to raising taxes on nearly a million small businesses would extend to him vetoing a bill that, to get to his desk, would have passed in both a Republican House and a Democrat Senate," said Stewart
    For now, Congress appears no closer to finding middle ground on the issue. The Republican-controlled House is lining up a vote later this month to extend all of the Bush tax cuts, while the Democratic-controlled Senate appears ready to move a bill to extend only the middle-class cuts.
  • conservativej...

    Posts: 2465

    Jul 10, 2012 4:37 PM GMT
    I have no problem with all tax cuts expiring. It is going to be a game of all or none. We are gping to rewrite the tax code anyway you know.
  • roadbikeRob

    Posts: 14350

    Jul 10, 2012 4:54 PM GMT
    I think it is time for everyone to start paying their fair share of taxes especially the wealthiest 1%. We are in a major deficit largely because of these ridiculous tax cuts.
  • GQjock

    Posts: 11649

    Jul 10, 2012 4:57 PM GMT
    Great issue to campaign on

    Now Romney has to state to the American public why HE and people like him need that money when the Government is firing police and fire fighters

    After all the Caymans need the business right Mitt?
  • jock_1

    Posts: 1491

    Jul 10, 2012 6:14 PM GMT
    GQjock saidGreat issue to campaign on

    Now Romney has to state to the American public why HE and people like him need that money when the Government is firing police and fire fighters

    After all the Caymans need the business right Mitt?


    For once I agree with you, it is a great campain issue for Romney. Now he can ask Obama why he wants to extend tax cuts from the previous president. A president which the democrats can't stand by the way. Then he can ask him why he plans a huge tax increase on the middle class by letting those tax cuts expire. Then he can ask him why he only extended them for one year to try to buy votes for the election. Then he can ask him why govt needs to extract more money from business and people. Then he can ask him why he wants to grow govt. Then he can ask him why can't he run on his record on the economy and jobs.

  • DalTX

    Posts: 612

    Jul 10, 2012 6:24 PM GMT
    jock_1 said
    GQjock saidGreat issue to campaign on

    Now Romney has to state to the American public why HE and people like him need that money when the Government is firing police and fire fighters

    After all the Caymans need the business right Mitt?


    For once I agree with you, it is a great campain issue for Romney. Now he can ask Obama why he wants to extend tax cuts from the previous president. A president which the democrats can't stand by the way. Then he can ask him why he plans a huge tax increase on the middle class by letting those tax cuts expire. Then he can ask him why he only extended them for one year to try to buy votes for the election. Then he can ask him why govt needs to extract more money from business and people. Then he can ask him why he wants to grow govt. Then he can ask him why can't he run on his record on the economy and jobs.




    You could always just stash your $ in the Caymens...
    or Switzerland. Willard can help ya out with that.
  • jock_1

    Posts: 1491

    Jul 10, 2012 6:34 PM GMT
    you could just write out a bigger check to Obama each year on your taxes also> Why dont you if you feel so strongly about it?
  • GQjock

    Posts: 11649

    Jul 10, 2012 8:31 PM GMT
    jock_1 said
    GQjock saidGreat issue to campaign on

    Now Romney has to state to the American public why HE and people like him need that money when the Government is firing police and fire fighters

    After all the Caymans need the business right Mitt?


    For once I agree with you, it is a great campain issue for Romney. Now he can ask Obama why he wants to extend tax cuts from the previous president. A president which the democrats can't stand by the way. Then he can ask him why he plans a huge tax increase on the middle class by letting those tax cuts expire. Then he can ask him why he only extended them for one year to try to buy votes for the election. Then he can ask him why govt needs to extract more money from business and people. Then he can ask him why he wants to grow govt. Then he can ask him why can't he run on his record on the economy and jobs.



    AWW.... Gee, You Really think Mitt is going to even TRY to ask those questions?
    LOL ..... the republicans and Romney have been tossed a ball ...
    It's on fire and they need to either toss it or put it out with some water real quick
    or they are gonna get burned and burned bad

    Bush passed those tax cuts for the rich .... you know it and I know it
    The middle class cuts came along for the ride
  • jock_1

    Posts: 1491

    Jul 10, 2012 10:07 PM GMT
    Obama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!
  • GQjock

    Posts: 11649

    Jul 10, 2012 10:43 PM GMT
    jock_1 saidObama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!


    Yeah Right

    12369_1327524278.jpg
  • jock_1

    Posts: 1491

    Jul 11, 2012 2:17 AM GMT
    GQjock said
    jock_1 saidObama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!


    Yeah Right

    12369_1327524278.jpg


    Exactly what is this chart supposed to prove? That the average number of jobs in the private sector under Obama is around 70,000 a month? That is far less than the 150,000 a month needed to just maintain a level employment percentage. Its simple, the less people getting jobs under that number the more unemployment goes up. Then you throw in the fact that alot of people drop out of looking for work. and the true unemployment numbers are about 15%. Obama = bad for the economy.

    But I'm sure you dont care because you probably have a cushy job and dont live pay check to pay check. It will sure be crushing for the middle class when they get that tax increase comming in 2013 or the taxes taken out of checks for Obama care. But if he is elected he won't give a fuck because he will have suckered the American people into believing he was for the middle class.

    You can wipe your ass with that chart cos it doesnt mean much at all
  • creature

    Posts: 5197

    Jul 11, 2012 2:20 AM GMT
    jock_1 said
    GQjock said
    jock_1 saidObama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!


    Yeah Right

    12369_1327524278.jpg


    Exactly what is this chart supposed to prove? That the average number of jobs in the private sector under Obama is around 70,000 a month? That is far less than the 150,000 a month needed to just maintain a level employment percentage. Its simple, the less people getting jobs under that number the more unemployment goes up. Then you throw in the fact that alot of people drop out of looking for work. and the true unemployment numbers are about 15%. Obama = bad for the economy.

    But I'm sure you dont care because you probably have a cushy job and dont live pay check to pay check. It will sure be crushing for the middle class when they get that tax increase comming in 2013 or the taxes taken out of checks for Obama care. But if he is elected he won't give a fuck because he will have suckered the American people into believing he was for the middle class.

    You can wipe your ass with that chart cos it doesnt mean much at all


    President Obama would rather keep the tax cuts for those making under $200,000. The problem is that Republicans want to keep the tax cuts for everyone?

    Why preserve tax cuts for the top 1%?
  • Posted by a hidden member.
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    Jul 11, 2012 3:10 AM GMT
    jock_1 saidyou could just write out a bigger check to Obama each year on your taxes also> Why dont you if you feel so strongly about it?
    You do it for me ok? Im havin a ball spending your money! Thanks!
  • Posted by a hidden member.
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    Jul 11, 2012 5:37 AM GMT
    jock_1 saidObama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!




    Jock 1, you know as well as the rest of us do that the party of no have greatly stalled any progress Obama could have made on the economy as well as on all other aspects of governing where cooperation and compromise was necessary from the party of no.
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    Jul 11, 2012 5:59 AM GMT
    This empty suit has sung this tune before and every time he caves. Wait and see, Obame will not veto anything.
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    Jul 11, 2012 6:42 AM GMT
    smartmoney saidThis empty suit has sung this tune before and every time he caves. Wait and see, Obame will not veto anything.




    LOL
    Nonsense.

    The public is firmly on President Obama's side on this issue.
    60% of Americans back President Obama's tax cut plan.

    http://mobile.nationaljournal.com/daily/poll-americans-prefer-obama-s-tax-cut-plan-20120709

    This issue is a pure winner for Obama.

    If the Repubs try to block a middle class tax cut in a hissy fit over giving the rich a tax cut too - they'll lose the House as well as the White House.
  • Posted by a hidden member.
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    Jul 11, 2012 7:04 AM GMT
    smartmoney saidThis empty suit has sung this tune before and every time he caves. Wait and see, Obame will not veto anything.




    Sadly !!! I have to agree, previous failures to stand up to the repubs on this issue have many of us who voted for him in serious doubt about his resolve on this issue. But what do we do ? vote for Romney because Obama didn't show the spine we wished he would have ? OH NO !!! NOT ME !!! While Obama doesn't have the spine I'd like to see him use, Romney is little more than a weak reed in a fast current and will go with whomever pays the most. He'll never get my vote.
  • jock_1

    Posts: 1491

    Jul 11, 2012 4:06 PM GMT
    realifedad said
    jock_1 saidObama and his democrat goon squad are going to try to deflect any attention away from his record...no matter how they have to do it. If he campaigns on his record he loses, fact!




    Jock 1, you know as well as the rest of us do that the party of no have greatly stalled any progress Obama could have made on the economy as well as on all other aspects of governing where cooperation and compromise was necessary from the party of no.


    And thank God they did stall his economic and transforming agenda. We have seen what we are getting when the democratic majority passed Obama care. The American people hated it and the dems got crushed in the elections. Now it has been upheld and now the majority of Americans who hate Obama care can voice thier displeasure in November and crush them again.
  • conservativej...

    Posts: 2465

    Jul 11, 2012 4:22 PM GMT
    Scanning this thread it occured to me that what Dean William Tate said to me some 35 years ago still rings true: "there are lies, damn lies, and statistics." Dean Tate of course did not orignate this statement.

    What Dean Tate did convey as he built upon this quote was that personal success came from the discernment by the individual as to what is a lie and what is a fact. America may very well create more jobs for cleaning ladies who remove piss from floors in McDonald's -- a necessary thing when men are around, but is she going to be able to pay the price for that new Chevrolet built with union labor?

    As an individual what is stated in this thread is totally meaningless in regards to whether I will prosper whether in America, Europe, Russia, Switzerland, or a whole host of nations. And guess what? It is also meaningless for all other Americans other than those who already live off the public dole, whether that be welfare -- in the form of refundable credits or direct payment -- or government employment.

    I applaud you Liberals who fight for Liberalism, i.e., Socialism. You are going to get exctly what you deserve. I suspect many of you are getting it right now in this wonderful fucked up land of Obama.

    Live the Lie and prosper.