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Congress may take only tax cuts from Obama plan

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:04 AM
Original message
Congress may take only tax cuts from Obama plan
http://www.marketwatch.com/story/congress-may-take-only-tax-cuts-from-obama-plan-2011-09-09

WASHINGTON (MarketWatch) — President Barack Obama’s jobs plan is unlikely to survive intact as Congress will likely strip out and pass tax breaks while leaving other proposed spending programs on the cutting room floor, analysts said Friday.

Obama surprised analysts by putting forward a $450 billion plan to cut taxes and increase spending to hire workers and build roads and highways in a speech to a joint session of Congress. Read “Obama proposes larger payroll-tax cut”

Prior to the speech, expectations had centered around a $300 billion price tag.

When all the legislative wrangling is over, analysts said the program is likely to be shrunk in half to about $200-$250 billion.


:eyes: i'm sure some on will express surprise at that point.
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bowens43 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:13 AM
Response to Original message
1. no doubt that obama will let it happen
he'll give the coms the parts they want and shit can the rest......in the typical obama style.
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Divernan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:20 AM
Response to Reply #1
3. The likes of Gomer Pyle would say, "Surprise, Surprise!"
Edited on Sat Sep-10-11 07:22 AM by Divernan
That handwriting which has been accumulating on the wall since Obama's first cabinet appointments is written in indelible ink. It will not substantively change between now and the election, except for some superficial whitewash, and it will not change in his second term, should he be re-elected.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:16 AM
Response to Original message
2. And he will still call for "modest adjustments" to medicare
Per M.O.
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:41 AM
Response to Original message
4. As long as he keeps lobbing in softballs, they'll keep belting them to the fence.
or
Take your pick.
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Divernan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 08:06 AM
Response to Reply #4
9. I'll take stricter clean air regulations for a lifetime, Alex!
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:46 AM
Response to Original message
5. Well knock me down with a feather...
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 07:50 AM
Response to Original message
6. I find myself agreeing with the Teabaggers bumper sticker
O One
B Big
A Ass
M Mistake
A America
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Solomon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 08:01 AM
Response to Reply #6
7. Interesting.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 08:14 AM
Response to Reply #7
10. Obama was not my first choice. . My first choice was
Kucinich, and later changed my choice to Edwards. The powers to be said it will be Obama. . .
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 08:03 AM
Response to Original message
8. I'm sure that was the plan all along.
An idiot knows how these pigs operate.:puke:
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woo me with science Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-11 08:35 AM
Response to Reply #8
11. +100000
:puke: indeed.
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