Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

House Democrats, Tea Party Leaders Don’t Favor Tax Package

December 13, 2010 by  

House Democrats, Tea Party leaders don't favor tax packagePresident Barack Obama is losing allies on both sides of the aisle.

The House Democratic caucus voted against considering the tax package that Obama had negotiated with Republican leaders, which would extend the Bush-era tax cuts for all Americans. The compromise also includes 13 months of unemployment benefits, a cut of 2 percentage points in payroll tax and extended tax credits for students and lower-income Americans.

Democrats favor tax cut extensions for low- and middle-income families, but not for individuals earning more than $200,000 and families that make more than $250,000. Obama originally supported raising taxes for the wealthiest Americans, but acquiesced to GOP demands last weekend in an attempt to move legislation before the extensions expire on Dec. 31.

"This message is very simple. That in the form that it was negotiated, it is not acceptable to the House Democratic caucus," said Representative Chris Van Hollen (D-Md.), quoted by CNN.

House Tea Party members are opposed to the compromise, as well, but for different reasons. According to FOX News, Representative Michele Bachmann (R-Minn.), the chairwoman of the House Tea Party Caucus, said that some Republicans may vote against the tax cuts if they are tied to an extension of unemployment benefits. She said it "would be a very hard vote to take."

Meanwhile, Senate Democrats appear to be in favor of passing the tax package. Politico.com reports that the Senate could vote as early as Dec. 11 to open debate on the bill.

Special To Personal Liberty

You Sound Off! is written by our readers and appears the last Wednesday of each month. If you would like to submit an article or letter to the editor for consideration for You Sound Off!, send it to yousoundoff@personalliberty.com by the Friday before the last Wednesday of the month. To be considered, a submission should be 750 words or less and must include the writer's name, address and a telephone number. Only the writer's name will be published. Anonymous submissions will not be considered.

Facebook Conversations

Join the Discussion:
View Comments to “House Democrats, Tea Party Leaders Don’t Favor Tax Package”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.