Numerous campaigns have sprung up to oppose the deal to extend tax breaks for the rich in exchange for extending unemployment benefits. I’ll post excerpts on this page and invite comments. – Ellen Shaffer, EQUAL Health Network.
from: campaigns@dailykos.com
A “deal” has been announced to extend all of the Bush tax cuts–including those for millionaires. Some deal.
But the fight isn’t over. Sign the petition at:
http://kos.salsalabs.com/dia/track.jsp?v=2&c=j7rO3OGWrTHDYmJL9YE2ZQ%3D%3D–oppose
to oppose the deal.
In the Senate, Bernie Sanders has promised to filibuster, and Dick Durbin has said “there is a group [of progressives] that may walk.”
In the House, several members of the Congressional Progressive Caucus, led by Rep. Peter Welch, have already stated their opposition. The White House is so worried about support for the deal that it is sending Vice President Joe Biden to Capitol Hill to try and sell it.
The bottom line is that this is not a done deal. With the Daily Kos community voting 3-1 in opposition to the deal, we need to show our support for the progressive members of Congress who are not caving. Give them that support now by signing our petition, and sending words of encouragement. We’ll deliver your signatures at the end of the week.
Keep fighting,
Chris Bowers
Campaign Director, Daily Kos
Huff Post’s Ryan Grim…
Mary Landrieu: ‘Obama-McConnell’ Plan Is ‘Almost Morally Corrupt’
WASHINGTON — Sen. Mary Landrieu, a conservative Democratic from Louisiana, lashed out Tuesday at President Obama’s deal with congressional Republicans that allows tax cuts for the wealthy to be extended for two years.
Extending the tax cuts for those making more than a million dollars a year is borderline immoral, Landrieu charged. “I’m going to argue forcefully for the nonsensicalness and the almost, you know, moral corruptness of that particular policy,” said Landrieu, walking into a meeting with Vice President Joe Biden and Senate Democrats. “This is beyond politics. This is about justice and doing what’s right.”
Landrieu was fuming about the deal. On her way into the meeting, she slammed the tax-cut extension as a needless giveaway, adding, “That’s all I have to say.” But it wasn’t. She emerged from the meeting a few moments later to continue prosecuting her case to reporters.
“It’s what I’m calling the Obama-McConnell plan. We’re going to borrow $46 billion from the poor, from the middle class, from businesses of all sizes basically to give a tax cut to families in America today, that despite the recession, are making over a million dollars. I mean, this is unprecedented. Unprecedented. I want to repeat that,” she said. Landrieu added, however, that she had yet to make a decision on the final package and was speaking strictly about the extension of tax cuts for the wealthy.
Landrieu put the tax cuts in the context of the poverty and joblessness facing African Americans across the country. “The median net worth of African-American families — net worth, not income — in this country today, according to our census, is $5,000. You want me to repeat that? $5,000. So we are borrowing money from constituencies, and large segments of the population like this,” said Landrieu. “I want you all to get your heads around this.”
Obama had allies in the Senate who would have fought the extension of the tax cuts, Landrieu said, if only he had relied on them. “Why the president didn’t think there were forty or fifty or sixty of us to defend him on this principle, I don’t know, but he basically didn’t think anybody of us cared much about it. Well, I want him to know I do care.”
On Tue, Dec 7, 2010 at 2:04 PM, Adam Green <adam@boldprogressives.org> wrote:
Two big updates from the Hill.
1) In the House, as thousands of calls from PCCC and other groups pour into offices, 15 Representatives have already signed onto Rep. Peter Welch’s letter saying no to the Obama deal. More momentum to come. List below.
2) Today’s MVP: (Never thought I’d say this): MARY LANDRIEU!!! Via Politico:
“I still seemed puzzled with the president’s enthusiasm and the Republicans giving an income tax break for people that make over a $1 million,” said Louisiana Sen. Mary Landrieu… Landrieu added: “But why the president thought he had to give in on this? Why he didn’t have the confidence in a Democratic Caucus to hold the line? I don’t know.” Linda McMahon would be pleased. In WWF wrestling parlance, that’s called “an elbow from the sky!” Go Landrieu.
Welch signers:
John Conyers D MI 14
William D. Delahunt D MA 10
James L. Oberstar D MN 8
Fortney Pete Stark D CA 13
Peter A. DeFazio D OR 4
Raul M. Grijalva D AZ 7
Chellie Pingree D ME 1
John W. Olver D MA 1
Bob Filner D CA 51
Judy Chu D CA 32
David E. Price D NC 4
Donna Edwards D MD 4
Paul Tonko D NY 21
Jim McDermott D WA 7
Keith M. Ellison D MN 5
PCCC email to grassroots activists today:
———- Forwarded message ———-
From: Stephanie Taylor, BoldProgressives.org <info@boldprogressives.org>
Date: Tue, Dec 7, 2010 at 1:35 PM
Subject: No deal!
Last night, President Obama cut a deal with Republicans to extend tax cuts for the richest 2% — by borrowing billions from the next generation.
But for any deal to go through, Congress has to pass it. That’s where Rep. Peter Welch, Democrat from Vermont, comes in.
Rep. Welch wrote a letter last night saying NO to this deal and asking his fellow Representatives in the House to stand with him. Within minutes, many other Representatives added their name.
Can you call your Representative, Gabrielle Giffords, and ask her to sign the Welch letter and fight against this deal to give tax cuts to the rich? Click here for a number and a script.
I know we’ve been asking you to call Congress a lot recently, but your calls work — and this is a moment when many Representatives are deciding what to do. If Obama won’t fight, it’s up to us to make sure Congress acts.
Thanks for being a bold progressive,
Stephanie Taylor, Adam Green, Jason Rosenbaum, and the PCCC team
# # #Congressman Peter Welch
United States House of Representatives
FOR IMMEDIATE RELEASE
Monday, December 6, 2010
CONTACT:
Paul Heintz
202.226.8346 (o)
202.577.7970 (c)
Welch to White House: “Don’t Back Down”
As Obama announces deal, Welch calls it “fiscally irresponsible” and “grossly unfair”
WASHINGTON, DC – As President Obama took to the airwaves Monday night to announce a deal to extend the Bush tax cuts, Rep. Peter Welch (D-Vt.) called the plan “fiscally irresponsible” and “grossly unfair.”
In a letter to Speaker Pelosi that Welch circulated to his House colleagues Monday night, Welch wrote, “We support extending tax cuts in full to 98 percent of American taxpayers, as the President initially proposed. He should not back down. Nor should we.”
Welch will send the letter to Speaker Pelosi after gathering signatures from his colleagues on Tuesday. The full text of the letter is copied below.
Dear Madam Speaker,
We oppose acceding to Republican demands to extend the Bush tax cuts to millionaires and billionaires for two reasons.
First, it is fiscally irresponsible. Adding $700 billion to our national debt, as this proposal would do, handcuffs our ability to offer a balanced plan to achieve fiscal stability without a punishing effect on our current commitments, including Social Security and Medicare.
Second, it is grossly unfair. This proposal will hurt, not help, the majority of Americans in the middle class and those working hard to get there. Even as Republicans seek to add $700 billion to our national debt, they oppose extending unemployment benefits to workers and resist COLA increases to seniors.
Without a doubt, the very same people who support this addition to our debt will oppose raising the debt ceiling to pay for it.
We support extending tax cuts in full to 98 percent of American taxpayers, as the President initially proposed. He should not back down. Nor should we.
Sincerely,
PETER WELCH
Member of Congress
Dear MoveOn member,
Last night, President Obama announced that he’s giving in to the GOP and extending the Bush tax breaks for the rich.1
The “deal” he’s proposing is an “absolute disaster,” as Senator Bernie Sanders said.2
But it’s not a done deal. Leading Democrat Chris Van Hollen said yesterday that “House Democrats have not signed off on any deal,” and last night Senator Sanders vowed to “do whatever I can to see that 60 votes are not acquired to pass this piece of legislation.”3
Senator Sanders and other progressives in the Senate are our best hope to stop this terrible deal. But Bernie can’t do it alone.
The clock’s ticking. Can you sign a petition today to leading progressives in the Senate—Sens. Feingold, Franken, Brown (OH), Boxer, Merkley, Whitehouse, Durbin, Harkin, and Schumer—urging them to stand up and use the filibuster to block this awful “deal”?
http://pol.moveon.org/no_bailout/?id=25405-524561-D7NcpSx&t=3
The petition says: “Sens. Feingold, Franken, Brown, Boxer, Merkley, Whitehouse, Durbin, Harkin, and Schumer: You are our progressive heroes and we need you now. Please join Sen. Bernie Sanders and do everything you can to block the ‘deal’ to extend the Bush tax bailout for millionaires.”
The deal President Obama agreed to with Republicans would extend the Bush tax breaks for the top 2% of earners for two years, extend unemployment insurance for 13 months, and cut the payroll tax for one year, among other things.4
Tomorrow, we’ll deliver your petition signatures to the Senate along with a visual message the Senate and news media can’t miss: a supply of cots and copies of the U.S. Constitution—the tried and true provisions of any good filibuster.
Congress and the White House need to see the incredible lack of support for this deal. And that lack of support is very real: an overnight survey of a random sample of MoveOn members found 4:1 in opposition, while a poll of Obama campaign donors found that a whopping 74% are opposed to President Obama’s deal.5
Strong opposition is no surprise, given what the deal really means: a tax break of an incredible $83,347 for the top 1% of earners in the U.S.—far more than most working Americans make in a year.6 And as Nobel Prize-winning economist Paul Krugman explains, a two-year millionaire bailout—the cornerstone of the deal—is just bad policy:
“First, temporary tax breaks for the rich are stunningly bad economic policy…[and a two-year extension] would still be much more expensive than measures like aid to the unemployed and to small businesses that would do far more for the economy, yet spent months held up in Congress because of alleged concerns about the deficit.”7
We can’t capitulate to the GOP on this terrible deal, and it’s up to progressive leaders in the Senate to stop it. Can you sign the petition right away?
http://pol.moveon.org/no_bailout/?id=25405-524561-D7NcpSx&t=4
Thanks for all you do.
–Nita, Amy, Wes, Kat, and the rest of the team
Sources:
1. “Liberals find Obama’s tax cut deal positively revolting,” The Sacramento Bee, December 6, 2010
http://www.moveon.org/r?r=205411&id=25405-524561-D7NcpSx&t=5
“Republicans achieve top goal in Obama tax-cut plan,” The Associated Press, December 7, 2010
http://www.moveon.org/r?r=205417&id=25405-524561-D7NcpSx&t=6
2. “Obama-GOP Tax Deal ‘an Absolute Disaster,’ Says Bernie Sanders, as Filibuster Talk Stirs,” The Nation, December 7, 2010
http://www.moveon.org/r?r=205413&id=25405-524561-D7NcpSx&t=7
3. “Liberals find Obama’s tax cut deal positively revolting,” The Sacramento Bee, December 6, 2010
http://www.moveon.org/r?r=205411&id=25405-524561-D7NcpSx&t=8
“Obama-GOP tax deal agitates Democrats,” The Seattle Times, December 7, 2010
http://www.moveon.org/r?r=205412&id=25405-524561-D7NcpSx&t=9
“Sen. Sanders Threatens To Filibuster Obama Tax Deal,” YouTube, December 6, 2010
http://www.youtube.com/watch?v=rAboE_ahSa4
4. “Deal Struck on Tax Package,” The Wall Street Journal, December 7, 2010
http://www.moveon.org/r?r=205416&id=25405-524561-D7NcpSx&t=10
5. “Poll: Obama supporters strongly opposed to deal extending Bush tax cuts,” The Washington Post, December 7, 2010
http://www.moveon.org/r?r=205414&id=25405-524561-D7NcpSx&t=11
6. “Richest Americans could buy a $83,000 Mercedes every year if Bush tax cuts extended, or light 800 pricey cigars with $100 bills,” The Raw Story, November 19, 2010
http://www.moveon.org/r?r=205415&id=25405-524561-D7NcpSx&t=12
7. “Tax cuts for the rich? No.” The New York Times, September 17, 2010
http://www.moveon.org/r?r=205214&id=25405-524561-D7NcpSx&t=13
_______________________________________________________________________________________________________
| From Organizing for Amereica:Yesterday, the President announced the framework of a bipartisan agreement to extend a set of tax cuts that were set to expire, restore unemployment benefits for millions of Americans, and pass additional measures to help middle-class families and create jobs.Now, he’s recorded a video to speak directly to OFA supporters about the deal. Watch it here — and leave a note with your thoughts.
This agreement, while not perfect, is vital to millions of Americans who are out of work through no fault of their own — as well as millions of middle-class families, students, parents, and small businesses.
Take a minute to watch his message — and then let us know what you think:
Thanks,
Mitch
Mitch Stewart
Director
Organizing for America
P.S. — The President will be talking with OFA supporters live tomorrow at 6:00 p.m. Eastern Time — sign up here for a reminder and instructions on how to listen in to the call. |
|
Paid for by Organizing for America, a project of the Democratic National Committee — 430 South Capitol Street SE, Washington, D.C. 20003. This communication is not authorized by any candidate or candidate’s committee.
|
What some might call it a “deal” or “compromise” I would call capitulation to the Republicans.
Just as we do not negotiate with international terrorists, we must stand up to the political terrorism of the Republicans in the United States Senate.
At some point, the American people have to know what kind of people these Republicans are. They may never find out if the Republicans can force their view point on the Administration, splitting the Democratic Party.
The Republicans rant against the deficit, but they give billions, approaching trillions, of tax cuts to millionaires and billionaires.
Click here to contact Senate Majority Leader Harry Reid and Speaker Nancy Pelosi to thank them for speaking out against this issue and having the Democratic Party stand for something.
You can also call their offices:
Harry Reid
Senate Majority Leader
Washington DC: (202) 224-3542
Nevada: (702) 388-5020
Nancy Pelosi
Speaker of the House
Washington DC: (202) 225-0100
San Francisco: (415) 556-4862
Peace and friendship,
John Burton
Chair
California Democratic Party
Obama’s Hostage Deal
By PAUL KRUGMAN
Published: December 9, 2010
past couple of days trying to make my peace with the Obama-McConnell tax-cut deal. President Obama did, after all, extract more concessions than most of us expected.
Yet I remain deeply uneasy — not because I’m one of those “purists” Mr. Obama denounced on Tuesday but because this isn’t the end of the story. Specifically: Mr. Obama has bought the release of some hostages only by providing the G.O.P. with new hostages.
About the deal: Republicans got what they wanted — an extension of all the Bush tax cuts, including those for the wealthy. This part of the deal was bad all around. Yes, some of those tax cuts would be spent, boosting the economy to some extent. But a large part of the tax cuts, especially those for the wealthy, would not be spent, so the tax-cut extension increases the budget deficit a lot while doing little to reduce unemployment.
And by stringing things along, the extension increases the chances that the Bush tax cuts will be made permanent, with devastating effects on the budget and the long-term prospects for Social Security and Medicare.
In return for this bad stuff, Mr. Obama got a significant amount of short-term stimulus. Unemployment benefits were extended; there was a temporary cut in the payroll tax; and there were tax breaks for investment. Incidentally: how, exactly, did we get to the point where Democrats must plead with Republicans to accept lower corporate taxes?
Unemployment benefits aside, all of this is very much second-best policy: consumers would probably spend only part of the payroll tax break, and it’s unclear whether the business break would do much to spur investment given the excess capacity in the economy. Still, it would be a noticeable net positive for the economy next year.
But here’s the thing: while the bad stuff in the deal lasts for two years, the not-so-bad stuff expires at the end of 2011. This means that we’re talking about a boost to growth next year — but growth in 2012 that would actually be slower than in the absence of the deal.
This has big political implications. Political scientists tell us that voting is much more strongly affected by the economy’s direction in the year or less preceding an election than by how well the nation is doing in some absolute sense.
When Ronald Reagan ran for re-election in 1984, the unemployment rate was almost exactly the same as it had been just before the 1980 election — but because the economic trend in 1980 was down while the trend in 1984 was up, an unemployment rate that spelled defeat for Jimmy Carter translated into landslide victory for Reagan.
This political reality makes the tax deal a bad bargain for Democrats. Think of it this way: The deal essentially sets up 2011-2012 to be a repeat of 2009-2010. Once again, there would be initial benefits from the stimulus, and decent growth a year before the election. But as the stimulus faded, growth would tend to stall — and this stall would, once again, come in the months leading up to the election, with seriously negative consequences for Mr. Obama and his party.
You may say that economic policy shouldn’t be affected by partisan considerations. But even if you believe that — how’s the weather on your planet? — you have to consider the situation likely to prevail a year from now, as the good parts of the Obama-McConnell deal are about to expire. Wouldn’t there be pressure on Democrats to offer Republicans something, anything, to improve economic prospects for 2012? And wouldn’t that be a recipe for another bad deal?
Surely the answer to both questions is yes. And that means that Mr. Obama is, as I said, paying for the release of some hostages — getting an extension of unemployment benefits and some more stimulus — by giving Republicans new hostages, which they may well use to make new, destructive demands a year from now.
One big concern: Republicans may try using the prospect of a rise in the payroll tax to undermine Social Security finances.
Which brings me back to Mr. Obama’s press conference, where — showing much more passion than he seems able to muster against Republicans — he denounced purists on the left, who supposedly refuse to accept compromises in the national interest.
Well, concerns about the tax deal reflect realism, not purism: Mr. Obama is setting up another hostage situation a year down the road. And given that fact, the last thing we need is the kind of self-indulgent behavior he showed by lashing out at progressives who he feels aren’t giving him enough credit.
The point is that by seeming angrier at worried supporters than he is at the hostage-takers, Mr. Obama is already signaling weakness, giving Republicans every reason to believe that they can extract another ransom.
And they can be counted on to act accordingly.
A version of this op-ed appeared in print on December 10, 2010, on page A35 of the New York edition.
| RE: [equal] Re: equal digest: December 14, 2010 |
| From “Brian Stompe” <bkstompe@verizon.net>
Re the Estate Tax, why would anyone that’s dead object to being taxed?
We don’t want huge estates being passed down to create a wealthy class of
people.
Pass some on, but let’s create a class of “working people”.
Best, Brian Stompe |