CBS News: CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto. Republicans have argued that the Midterm Elections have given them a mandate on what they are calling one of the most important issues facing America, the extension of the Bush-era Tax Cuts. "The American People want us to stop all the looming tax hikes and to cut spending, and that should be the priority of the remaining days that we have in this Congress," incoming House Spe...
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Poll: Majority of Americans Oppose GOP's Windfall for the Rich
A new CBS News poll shows that the GOP’s plan to extend the Bush era Tax Cuts and give America’s wealthy class another massive Windfall is rejected by the majority of the public.
“The American People want us to stop all the looming tax hikes and to cut spending, and that should be the priority of the remaining days that we have in this Congress,” incoming House Speaker Rep. John Boehner said Thursday. Boehner added that a House vote Thursday to extend the cuts for all but...
Poll: Majority of Americans Oppose GOP's Windfall for the Rich
A new CBS News poll shows that the GOP’s plan to extend the Bush era Tax Cuts and give America’s wealthy class another massive Windfall is rejected by the majority of the public.
“The American People want us to stop all the looming tax hikes and to cut spending, and that should be the priority of the remaining days that we have in this Congress,” incoming House Speaker Rep. John Boehner said Thursday. Boehner added that a House vote Thursday to extend the cuts for all but...
Poll: Just 26 Percent Of Americans Support GOP Tax Plan
Yesterday, the House approved a permanent extension of middle-class Tax Cuts by a vote of 234-188, with only three Republicans supporting the bill. Leading the opposition, incoming Speaker John Boehner (R-OH) declared that "the American People want us to stop all the looming tax hikes" on high-income earners, which yesterday's measure did not address. Other Republicans have used the midterm Election Results to justify their opposition to any plan that does not also extend Bush-era Tax Cuts for t...
Moran opposes continuation of Bush-era tax cuts
In a statement released on December 2nd, Congressman James P. Moran (VA-08) voiced opposition to the continuation of the Tax Cuts enacted during the Bush Administration. “Today, the House voted to permanently extend the Bush Tax Cuts on incomes under $250,000. At a cost of three Trillion dollars, I could not in good conscience vote for the permanent extension of a tax structure so fiscally unsustainable,” said Congressman Moran. “We should allow the Bush Tax Cuts to expire as...
Poll: Americans Side With Democrats on Bush Tax Cuts
The American People are more in line with the White House than the GOP and incoming House Speaker Rep. John Boehner in their opinion on how to handle the expiring Bush-era Tax Cuts, according to a new CBS News poll. Republicans argue that the Midterm Elections signaled a demand by the American People to halt tax hikes and extend the Bush-era cuts to all Americans, but the CBS poll finds that 53 percent of Americans want the Bush tax cuts extended only for households earning less than $250,000 p...
Boehner: GOP to lead on extending tax cuts
WASHINGTON (AP) — With Unemployment rising, incoming House Speaker John Boehner vowed Friday that Republicans will show the way toward extending Tax Cuts in 2011 if the outgoing Democrats fail to do it sooner. Boehner, R-Ohio, made his comment as partisan wrangling in the Senate slowed attempts to pass Legislation ensuring that Tax Cuts enacted in 2001 and 2003 don't expire.
The White House has signaled that President Barack Obama is prepared to sign a bill extending Tax Cuts at all levels...
Boehner: GOP to lead on extending tax cuts
WASHINGTON (AP) — With Unemployment rising, incoming House Speaker John Boehner vowed Friday that Republicans will show the way toward extending Tax Cuts in 2011 if the outgoing Democrats fail to do it sooner. Boehner, R-Ohio, made his comment as partisan wrangling in the Senate slowed attempts to pass Legislation ensuring that Tax Cuts enacted in 2001 and 2003 don't expire.
The White House has signaled that President Barack Obama is prepared to sign a bill extending Tax Cuts at all levels...
Boehner says GOP to lead on extending tax cuts
Sen. Robert Menendez, D-N.J., left and Sen. Charles Schumer, D-N.Y., take... Sen. Charles Schumer, D-N.Y., left, talks with Sen. Debbie Stabenow, D-Mich.,... Sen. Claire McCaskill, D-Mo., right, accompanied by, from left, Sen. Dianne... WASHINGTON (AP) - With Unemployment rising, incoming House Speaker John Boehner vowed Friday that Republicans will show the way toward extending Tax Cuts in 2011 if the outgoing Democrats fail to do it sooner. Boehner, R-Ohio, made his comment as partisan wrangli...
While Misinforming About Public Opinion On Tax Cuts, Laura Ingraham Advises Struggling People Go Hug As Many Rich People As Poss
Multimillionaire Laura Ingraham appeared on The O’Reilly Factor last night (12/2/10) where she didn’t just argue that Bush Tax Cuts for the wealthy should be extended, she put forth the misinformation that the public agreed with her. Host Bill O’Reilly did properly push back on that falsehood and he pointed out that people feel resentful of “the fat cats (who) are making a ton of money living large” while “most Americans are struggling.” Ingraham not onl...
Obama the republican?
On Thursday, the departing democratic congressional majority passed an extension for the Bush Tax Cuts for the Middle Class only. Incoming Speaker of the House John Boehner called the Lame Duck Congress’ swan song, “chicken crap.” The republican mantra has been an all-or-nothing tax cut policy, which includes extending Tax Breaks for Millionaires and Billionaires, despite a report on MSNBC’s The Last Word that less than 40% of the American People want to give the wealthi...
In tax showdown, myths spread. A debunker's guide
NEW YORK — As debate rages on extending Tax Cuts set to expire at the end of the year, politicians are making misleading statements about who might be hurt or helped. Before the Midterm Elections, President Barack Obama insisted that lower income-tax rates should be permanently extended only to those he called the "Middle Class." People in the top two tax brackets would face higher rates. Now, with Republicans triumphant, the White House is trying to hash out a Compromise so rates don&rsqu...;
Poll: Majority say no tax cut extension for wealthy
Source: CNN
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According to a CBS News survey released Thursday evening, 53 percent of the public says that the cuts should be extended only for families making a combined income of less that $250,000 a year, with 26 percent saying the lower Tax Rates should be continued for all Americans, and 14 percent saying they should be allowed to expire at the end of the year.
The 26 percent in the CBS News poll who say that the cuts should be extended for all Americans is lower than the figures ...
House Leaders Have Similar Take on Jobs Report, but Contrasting Solutions
ABC News' John R. Parkinson reports:
After the Department of Labor reported Friday morning that the Unemployment Rate climbed to 9.8 percent and the country added a net total of only 39,000 jobs last month, the top leaders in the House of Representatives both called on Congress to do more to help regenerate The Economy, but each leader had a contrasting scheme revolving around Tax Cuts to help stimulate the Economic Recovery.
Speaker of the House Nancy Pelosi, D-California, stated ...
Why Let Public Opinion and Control of Both Houses and the White House Get In the Way?
Clowns:
Republicans have argued that the Midterm Elections have given them a mandate on what they are calling one of the most important issues facing America, the extension of the Bush-era Tax Cuts.
“The American People want us to stop all the looming tax hikes and to cut spending, and that should be the priority of the remaining days that we have in this Congress,” incoming House Speaker Rep. John Boehner said Thursday. Boehner added that a House vote Thursday to extend the cuts f...
Obama's Next Move On The Deficit
So now that President Obama has given up on his campaign pledge of ending the Bush Tax Cuts on income over $250,000, what is Plan B? The first element of it is to negotiate some extension of all the Tax Cuts through 2012, ideally in return for something, though signaling their weakness has given the Democrats very little ability to ask for anything.
Beyond that, it seems to me that Obama has to hope he wins Reelection (obviously) and then just plan on letting all the Tax Cuts die. He'll still p...
Republicans Claim Lousy Jobs Report Means Bush Tax Cuts For The Rich Must Be Extended
Today’s jobs report from the Bureau of Labor Statistics paints an ugly picture of lackluster Job Creation and increasing long-term Unemployment. The Federal Reserve — which is taking its own steps to boost employment after dithering for months — has been reduced to pleading with Congress for further fiscal stimulus, in the hopes of averting an even longer jobs slog.
So, naturally, Congress is spending the day debating whether or not the Richest two percent of Americans should...
Rep. Jay Inslee: President Obama: Don't Cave on Tax Cuts
Negotiating requires good-faith partners, and Compromise means both sides giving a little to get a solution that helps everyone.
But apparently when it comes to the tax-cut debate, some people in D.C. have a different definition of "compromise" and "negotiation."
I'm proud the House did the right thing yesterday and passed Tax Cuts for every American but not the tax-cut Bonus for the wealthiest 2%.
But, as the debate moves to the Senate, Republicans are still refusing to give an inch. They ar...
CBS Frets Over Obama's Liberal Base Being Upset By Possible Tax Deal
On Friday's CBS Early Show, co-host Harry Smith discussed a potential deal between the Obama Administration and House Republicans on maintaining current Tax Rates, declaring: "The Democrats are – their noses are out of joint about this." Political analyst John Dickerson agreed: "Very much so, because they want the President to stand up and fight." Dickerson went on to detail liberal efforts to put pressure on Obama: "There are ads that are going to be running ...
Negotiators shape possible tax-cut deal
WASHINGTON (Reuters) - A framework for a possible deal between the White House and congressional leaders to extend expiring Tax Cuts for millions of Americans is slowly being put together behind closed doors, aides said on Friday. Negotiators are working on a potential deal that could temporarily renew all these Tax Breaks, including ones for the wealthiest, and extend jobless benefits for hundreds of thousands of the needy, congressional aides said. The possible accord could also clear the way ...
Fuel for Wingnuttia
The Unemployment Rate ticked up to 9.8 percent and only 39,000 jobs were added in November, which obviously means stimulus spending doesn't stimulate The Economy (even though it really does). It also means that Tax Cuts for Glenn Beck and Paris Hilton will totally solve everything.
At some point, the president will go on television and explain to the American People that the problem with the stimulus wasn't that it was too expensive -- the problem was that he and the Democrats didn't spend eno...
Senate Democrats to hold meaningless tax votes tomorrow
A deal between Democrats and Republicans in the Senate on the upcoming tax hikes apparently collapsed last night after one Republican withheld unanimous consent to proceed. As a result, Democrats will hold two votes tomorrow on extending the current Tax Rates for middle-class workers, with one including workers making under $1 million per year. The votes won’t survive a Filibuster, but Democrats want to use the votes to paint the GOP as the party of the rich. However, that strategy
GOP's DeMint and Pence Tout Permanent-Tax-Cuts-For-All Bill
A pair of prominent Republicans -- one from the Senate, the other from the House – on Thursday called for a permanent extension of Tax Cuts at all income levels, just as a vigorous floor debate was under way about Democratic Legislation to extend tax relief for just the Middle Class. "Sen. Jim DeMint and I are introducing Legislation that will ensure that no American, Small Business owner or family farmer will see a Tax Increase on Jan. 1, 2011, 2012, 2013 and beyond," said Indiana Rep. Mi...
Welcome to Gridlock: Pols Find Little Common Ground on Jobless, Tax Bills
President Obama today urged members of Congress to extend benefits for the unemployed, which expired Wednesday for about 2 million Americans, and expressed hope that lawmakers will come together on Tax Cuts even though Republicans and Democrats continue to squabble over both issues.
More Video
House Democrats today passed a bill to extend Tax Cuts for individuals who make $200,000 a year or less and couples who make up to $250,000. But the bill is unlikely to pass the Senate.
The president...
Sen. Dianne Feinstein: Millionaires Don't Need Tax Cuts
I don't know a single Millionaire who needs a Tax Cut right now. But I know plenty of Middle Class Americans who desperately need every extra dollar in these tough economic times.
That's why I strongly support the "Middle Class Tax Cuts Act" to give permanent tax relief to the struggling families that need it most. The economic turmoil of the last three years has left many Americans cash-strapped and struggling to stay afloat. And make no mistake, extending the current Tax Rates for the middl...
Republicans seize on unemployment rate hike
With Unemployment rising, incoming House Speaker John Boehner vowed Friday that Republicans will show the way toward extending Tax Cuts in 2011 if the outgoing Democrats fail to do it sooner. Boehner, R-Ohio, made his comment as partisan wrangling in the Senate slowed attempts to pass Legislation ensuring that Tax Cuts enacted in 2001 and 2003 don't expire. Boehner blamed President Barack Obama's economic stimulus package and Democratic tax policies for the high Unemployment Rate, which rose to ...
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