Democrats Drop Millionaires Tax in Year-End Spending Bill

[Conservative]

Democrats Drop Millionaires Tax In Year-End Spending Bill | Fox News

Democrats backed away from their demand for higher taxes on millionaires as part of legislation to extend Social Security tax cuts for most Americans on Wednesday as Congress struggled to clear critical year-end bills without triggering a partial government shutdown.

At issue now are three year-end bills that Obama and leaders in both parties in Congress say they want. One would extend expiring Social Security payroll tax cuts and benefits for the long-term unemployed, provisions at the heart of Obama's jobs program. Another is the $1 trillion spending measure that would lock in cuts that Republicans won earlier in the year. The third measure is a $662 billion defense bill setting policy for military personnel, weapons systems and the wars in Iraq and Afghanistan, plus national security programs in the Energy Department.

After a two-day silence, the White House said Obama would sign the measure despite initial concern over a provision requiring military custody of certain terror suspects linked to Al Qaeda or its affiliates. U.S. citizens would be exempt.

 

[Conservative]

Really? No outrage from the left on Obama & the Dems in the House caving?

I'm shocked.

 

[ba1614]

What is unemployment going to be extended to now, 3yrs?

 

[blastoff]

Really? No outrage from the left on Obama & the Dems in the House caving?

I'm shocked.

The official response will be downloaded into their teleprompters a.s.a.p.

 

[ba1614]

Really? No outrage from the left on Obama & the Dems in the House caving?

I'm shocked.

The official response will be downloaded into their teleprompters a.s.a.p.

Yup, waiting for their scripts

 

[Claudette]

Stay tuned.

 

[kiwiman127]

What ever happened to the thread "Do Dems want to tax the rich into oblivion?"