Congress voted on extending the tax reforms providing tax relief to the wealthiest Americans. This will cost billions of dollars. The theory is that wealthy people will create jobs.
I am not referring to the extension of the unemployment benefits. That is a whole different discussion and benefits Joe Worker not the wealthy.
There was a lot of posturing by members of Congress after the mid-term defeat of the Democrats that it was time to stop the outlandish spending spree. They said we needed to get fiscally responsible and if elected they would (Mr. or Ms. Congress Person Elect) to get things done. They would save the economy from the spend thrifts.
Apparently it was just a bunch of hot air. The Senate passed the tax relief extension bill 81 to 19 and it is expected to pass through the House but not after a vote. This gives the do-nothings more time to complain but won't change the outcome.
When I hear a Congress Person talking now all I hear is Blah, Blah, Blah (I want to save my high paying, benefit filled job).
Friday, December 17, 2010
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1 comment:
Amen to that! Kinda like being one of the Peanuts characters listening to an adult.
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