Pelosi Breaks Ranks with Obama, Advocates Bush Era Tax Cuts

Down the rabbit hole we go folks! What is going on? First I hear Lanny Davis come out supporting and sticking up for Mitt today on Bain Capital and now I read this! We also had those 5 Democrats, including former PA Governor Ed Rendell denounce Obama's attack on Romney using Bain. Who's next to break ranks? It gets stranger by the day! I smell hair burning! Ohhh Yes I do! Haha!

House Minority Leader Nancy Pelosi has broken with President Barack Obama and called for extending the Bush tax cuts to those making $1 million or less. Obama has previously called for the tax cuts to be extended for those making less than $250,000 a year.

Pelosi made the move in a letter to House Speaker John Boehner in which she called on him to bring a permanent extension of the middle income tax cuts to the House floor immediately.

“We must ask the very wealthiest Americans to pay their fair share,” she said in the letter. “Democrats believe that tax cuts for those earning over a million dollars a year should expire and that we should use the resulting revenues to pay down the deficit.

“By ensuring that the middle-income tax cuts do not expire, we will put money into the pockets of American consumers, saving the typical middle-income family thousands of dollars per year. Extension of this middle-income tax cut will inject demand into our markets and strengthen small businesses. By investing in both the short-term growth of our economy and the long-term prosperity of our nation, it will empower the entrepreneurial spirit of the American people. We cannot afford another manufactured crisis that unnecessarily threatens the full faith and credit of the United States and jeopardizes our economic recovery.”

However, Fox News reported the White House is not shifting its position and neither are House Republicans.

"The president has been clear that Congress must extend the tax rates for all families making less than $250,000 a year and let the rates for the very wealthiest expire at the end of the year," White House spokeswoman Amy Brundage said according to Fox.

"The question now is whether Republicans in Congress will vote to give millions of middle-class families the confidence that they won't see their taxes go up at the end of the year, or whether they will continue to hold the middle class hostage so they can extend big tax cuts for the very wealthiest Americans that our nation can't afford."

According to Fox, a Boehner spokesman said, “Speaker Boehner has already announced that the House will act to stop the tax hike on every American taxpayer."

http://www.newsmax.com/Newsfront/pelosi-obama-tax-cuts/2012/05/24/i...

Views: 29

Reply to This

Replies to This Discussion

Robin, she is just out for votes.

Hi PE. I think she sees the trouble O is in and she is trying to better her position.

If she had started at ten million, I might have been fooled into thinking she was serious.  But, I have yet to see a donkey voluntarily give up its ass.

Strange headlines the past few days JB. 1st this with Pelosi and then I saw Lanny Davis on TV sticking up for Romney over the Bain thing! 

Robin,

Perhaps they are reading tea leaves or hedging their bets or (dare I say it)  have developed a conscience.

RSS

Attention:

 

 

Please view our mission, policy, and legal disclaimer to learn about us by visiting the main menu.  Thank you.

PLEASE SIGN THE PETITION!

AGENDA 21/2030

http://bit.ly/2mqIVmH 

CONTACT CONGRESS!

Let your voice be counted!

House:  http://1.usa.gov/mHZjgo

Senate:  http://1.usa.gov/3UAs

 

 

PLEASE PRAY FOR OUR NATION.

 

 

national debt

Founders' Corner

Latest Activity

Jerseygal replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"He is taking heat for doing that, but I'm glad he did, and I think the President is too!"
2 hours ago
Jerseygal replied to Fundamental Refounding's discussion GOP Health Care Bill Is Pulled!!!!!! Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"Paul Ryan's opening statement sucked.  He sounds like a loser.  He admitted he…"
2 hours ago
JeansBrother posted a discussion

Judicial Watch Weekly Update -- 3/24/2017

Obama’s Student Loan Scandal                                                                       …See More
2 hours ago
JeansBrother replied to Fundamental Refounding's discussion GOP Health Care Bill Is Pulled!!!!!! Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"I am disappointed: 1. That we still have Obamacare. 2.  That even with seven years of…"
2 hours ago
Robin replied to Fundamental Refounding's discussion GOP Health Care Bill Is Pulled!!!!!! Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"I thanked the Freedom Caucus today!  Robin‏ @NiteOwl223  5h5 hours…"
3 hours ago
Robin replied to Fundamental Refounding's discussion GOP Health Care Bill Is Pulled!!!!!! Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"LEVIN: A BIG THANK YOU TO THE FREEDOM CAUCUS PATRIOTS! “I want to congratulate the Freedom…"
3 hours ago
Robin replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"12 Pieces Of Proof: The MSM Knew Obama Spied On Trump and LIED To Cover It Up What I am about to…"
3 hours ago
Robin replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"Nunes Calls Comey, Rogers For "Closed Session" After Finding "Concerning Info"…"
3 hours ago
Robin replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"House Committee to See Potential Smoking Gun Evidence Obama Spied on Trump After the Chair of the…"
3 hours ago
Robin replied to Fundamental Refounding's discussion GOP Health Care Bill Is Pulled!!!!!! Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"Thu Tids 3/23/17 What Constituents Are Telling Conservative Lawmakers About GOP Health Care…"
3 hours ago
Robin commented on Jerseygal's photo
Thumbnail

:)

"Too funny! "
4 hours ago
Robin liked Jerseygal's photo
4 hours ago
Robin replied to Fundamental Refounding's discussion Ryan Concedes: Yes, Things Need To Be Changed For Obamacare Replacement Bill To Pass The House
"I really am so happy they pulled this dang bill, Jodi!   Paul Ryan Holds Press Conference…"
4 hours ago
Robin replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"Now, I know why Nunes went right to the WH. Makes perfect sense. "
4 hours ago
Jerseygal replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"I know. I hope that info is protected, and that Montgomery has body guards!"
8 hours ago
Robin replied to Jerseygal's discussion Trump team communications captured by intelligence community surveillance, Nunes says
"Since this was tweeted already and views many times, I will just leave this here.  Dr. Dave…"
9 hours ago

TRAFFIC



© 2017   Fundamental Refounding.   Powered by

Badges  |  Report an Issue  |  Terms of Service