Democrats should rip up the filibuster next time they unite all three branches. There are so many workarounds that it doesnt really mean anything anymore.
Because the tax cuts he kept were on marginal rates impacting everyone, not just the wealthy. Keeping money in the hands of those who need it and who will spend it to support the economy is a good thing.
In the land of attack ads that's raising taxes. Aside from that, economy was still a bit frail. Best to keep the lower cuts for people.
So the Bush tax cuts are still (or at least were during Obama's time) a good thing then?
Thanks, I'll check it out.
So the Bush tax cuts are still (or at least were during Obama's time) a good thing then?
I can't figure out Rand Paul. I know he leans toward being more of a fiscal conservative (as a libertarian Republican of his ilk is supposed to be) but I thought he was with Trump on the healthcare. He isn't with him on the budget?
Actually, I would say the opposite and rework how reconciliation works all together, because I agree it's far to exploitable it seems like
Federal tax cuts for normal people are good, yes. Particularly so when paired with a total indifference for what it does to the budget deficit. You want to cut taxes for the average joe without also trying to pare down services? Go right ahead.
When he extended them, yeah. In 2010 the economy still wasn't 100% on its feet from the crash. Raising taxes on middle class families probably wouldn't have done well. That and he negotiated a payroll tax holiday and the extension of Emergency Unemployment Compensation at the time.
Realistically no party is going to try and raise taxes on the middle class. Any cut that happens will stay almost forever middle class because of attack ads. Democrats will try to raise on the wealthy if they can, and Republicans will get in and lower them substantially for the wealthy and a tiny bit for everyone else.
Republican voters: "Hold my beer."I'm not sure how far they can go before their constituents start realizing they are being duped. Don't feel like they can get away with gutting Medicare in particular, that's about the biggest "fuck you" they could possibly give their base.
Budget proposals doesn't really matter since they aren't law and they usually aren't the same in their final form because you need 60 votes to pass the final budget which is sometime during December.
Also considering they don't have a bill in place for the tax reform it looks like this is more of political pressure to pass something than anything else. Is the tax cut bill is based on this proposal are the current budget. Congress has to pass a budget by December because Trump screwed over this party by making the deadline much shorter than they wanted which was 6 to 18 months. That gives them enough time to pass a tax reform bill, but now it looks like they don't have much time. I can't pen it down really, but this seems to kind of a desperate move that has a high unlikely chance of paying off.
Reconciliation is far too weighted towards tearing things down than building them up because of the rules on must not increase the deficit.
But to get around it, Congress just passes a budget resolution, only subject to 51 votes that says increase the deficit with tax cuts.
Its garbage. Thworetically this can sail through the senate and never be subject to a filibusterable vote at any point in the process.
It makes me wonder why Democrats couldnt do the same thing to increase payroll taxes on the rich or whatever.
Even so, Democrats sounded the alarm, warning that the aspirational cuts in the budget plan called for slicing more than $1 trillion from Medicaid and about $470 billion from Medicare over a decade.
When is the last time both houses passed a budget?
Does the actual budget have to be passed to utilize the budget instructions? Obviously reconciliation was going to be used for healthcare even though no budget was passed for 2017.
But you cant filibuster budget resolutions either. From what I gather it will never be subject to a filibusterable vote.
19 trillion in debt... LETS MAKE THE DEBT EVEN WORSE!
The last spending bill was passed in May that went to September 30th. That was around the time when the Democrats then expended the deadline for the new budget to December that will fund the government until the new budget needs to be passed. I don't know the answer to the second question, but resolutions are just for the blueprints I think they kind of don't matter that much.
I'm not sure how far they can go before their constituents start realizing they are being duped. Don't feel like they can get away with gutting Medicare in particular, that's about the biggest "fuck you" they could possibly give their base.
They love to talk about Obama doubling that debt but always leave out that the Bush tax cuts and having to continue to pay for mistakes made during the Bush years is exactly what ballooned it.19 trillion in debt... LETS MAKE THE DEBT EVEN WORSE!
They love to talk about Obama doubling that debt but always leave out that the Bush tax cuts and having to continue to pay for mistakes made during the Bush years is exactly what ballooned it.
I do wish that Obama let the tax cuts expire but I think that he realized with Republicans holding Congress it would be impossible to pass another tax plan to keep in place the paltry cuts for the middle class.
God dammit Democrats. When Obama was in office you claimed you couldn't do anything worthwhile because of Republican obstruction, yet somehow the GOP is able to get shit passed without 60 votes.
We barely dodged Trumpcare, ffs. Now they're going to drive up the deficit to line billionaires' pockets, and the Democrats are going to just shrug and take it for three more years.
I look forward to the national debt sky rocketing.
because if youre a Republican and you dont want to simplify the tax code and cut taxes, what good are you to anybody?
I'd Rand Paul like, the most useless Senator ever?
I can't figure out Rand Paul. I know he leans toward being more of a fiscal conservative (as a libertarian Republican of his ilk is supposed to be) but I thought he was with Trump on the healthcare. He isn't with him on the budget?
So I have a question: I keep hearing this term "once in a generation opportunity"
Why is that? I legitimately don't know, but I would hope a lot of the vile stuff this brings can be fixed in the future?
I dunno. I'm slowly slipping in to apathy and/or despair........the Koch Brothers won.
Like clockwork. What is it with the US and tax cuts? I can't wrap my mind around it.
Budget proposals doesn't really matter since they aren't law and they usually aren't the same in their final form because you need 60 votes to pass the final budget which is sometime during December.
Also considering they don't have a bill in place for the tax reform it looks like this is more of political pressure to pass something than anything else. Is the tax cut bill is based on this proposal are the current budget. Congress has to pass a budget by December because Trump screwed over this party by making the deadline much shorter than they wanted which was 6 to 18 months. That gives them enough time to pass a tax reform bill, but now it looks like they don't have much time. I can't pen it down really, but this seems to kind of a desperate move that has a high unlikely chance of paying off.
This tax cut is literally the only thing the GOP actually cares about so they will make sure they pass it.
The path is by no means immediate, especially when the real budget talks start happening and the news gets out about those steep cuts to Medicare and Medicaid.