Tag Archives: Liberals

Joe Biden On Taxes: You Call It “Redistribution Of Wealth,” I Call It “Just Being Fair”

In part two of my exclusive interview, I asked the Vice President whether we can afford these tax cuts, given the country’s massive federal deficits. Biden’s view is that we can’t afford not to do them: “We can’t afford to leave the middle class behind,” he says. “These things matter to people who are struggling and they matter to people who have lost their jobs as well.”

There’s also the issue of whether these tax cuts, in conjunction with the health care reform bill signed last week, represent a redistribution of wealth in America, as many claim.

“It’s a simple proposition to us: Everyone is entitled to adequate medical health care,” Biden says. “If you call that a ‘redistribution of income’ — well, so be it. I don’t call it that. I call it just being fair — giving the middle class taxpayers an even break that the wealthy have been getting.”

The top quintile of Americans earned 55.7% of pretax income and paid 69.3% of federal taxes in 2006, according to the most recent CBO data. But the Vice President isn’t buying the idea that the wealthiest are already paying their fair share, noting the top 1% of earners get 22% of all income made in the U.S.

“Taxes have been lowered for the wealthy considerably over the years,” he says. “It’s about time we get a little tax equity here.”

Read the entire Article and Watch the Video Here:  Joe Biden On Taxes: You Call It “Redistribution Of Wealth,” I Call It “Just Being Fair”.

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Filed under "fairness", Barack Obama, Economics, Entitlements, Government Spending, Joe Biden, Redistribution of wealth, Socialism, Taxation, Welfare

Boehner: Congress Should Heed Employers’ Warnings Rather Than Interrogating Them About Effects of Job-Killing Health Care Law

House Republican Leader John Boehner (R-OH) issued the following statement on upcoming hearings called by Rep. Henry Waxman (D-CA), chairman of the Energy & Commerce Committee, to intimidate employers who are warning that the job-killing new health care law will increase their costs and hamper job creation:

“Throughout the past year, American employers have warned that the health care policies being promoted by President Obama and his Democratic allies in Washington will hurt our economy and make it more difficult to create jobs.  Yet now that those policies have become law over the objections of the American people, Congressional Democrats such as Chairman Waxman profess shock and surprise at hearing American employers announce that they will have no choice but to make painful changes to comply with it.  The new health care law is a job-killer, and we are already seeing the negative impact it is having on our economy.

“Just as important, the law’s new cost increases and mandates are forcing employers to consider dropping health coverage for their employees and retirees altogether, which would force even more Americans into the unsustainable Medicare and Medicaid systems.  Instead of interrogating America’s private sector job creators, Congress should be listening to them, heeding their warnings about the effects of this deeply flawed new law, and replacing it with reforms that will help them get back to creating jobs.”

In a memo sent to House Republicans last Thursday, Leader Boehner urged Republicans to focus on the economy as they discuss the new health care law with their constituents during the congressional district work period.  In the memo, entitled “Where are the Jobs?  Not in President Obama’s Health Care Law,” Boehner echoed more than 100 economists who have warned that President Obama’s massive new law will hurt the economy and make job creation more difficult at a time of nearly double-digit unemployment.

NOTE: In the days after President Obama signed the new health care law, America’s employers began warning shareholders and employees about higher health care costs that would result.  AT&T announced it would bear $1 billion in higher costs, Deere & Co., $150 million; Caterpillar, $100 million; AK Steel, $31 million; 3M, $90 million; and Valero Energy, up to $20 million. Similar announcements are expected in the coming days and weeks.

via Boehner: Congress Should Heed Employers’ Warnings Rather Than Interrogating Them About Effects of Job-Killing Health Care Law | Republican Leader John Boehner.

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Filed under Barack Obama, Big Government, Capitalism, Congress, Conservatives, Constitution, Economics, Government Spending, Healthcare Reform, Jobs, National Debt, Organized Labor, Progressives, Socialism, Sovereign Debt, Taxation, United States of America, USA

New Taxes for Health Care Help Obama ‘Spread the Wealth Around’

It snowed here in Texas over the weekend – must have been a precursor to HELL FREEZING OVER.  The following is from BLOOMBERG.  To quote Bill Engvall “THERE’S YOUR SIGN”

I must say that it is disturbing how “matter of fact” this article is.

President Barack Obama said on the campaign trail in October 2008 that he wanted to “spread the wealth around.” With Obama on the verge of signing sweeping health-care overhaul legislation, he’s about to do just that.

High-income investors would pay higher Medicare taxes, tax breaks for out-of-pocket medical deductions would be curtailed, and it would cost insurance companies more to pay executives millions of dollars. Those levies will help fund expansion of Medicaid services for the poor and subsidize health insurance to cover millions who don’t currently have benefits.

“It’s very clear that taxes are levied on the wealthy and the benefits will spread across the entire income distribution, with a lot going to expanded Medicaid distribution and expanding health insurance,” said Roberton Williams, an economist at the Tax Policy Center, a Washington research institute backed by the Urban Institute and Brookings Institution. “One couldn’t claim he didn’t keep that promise” to “spread the wealth around.”

In all, the bill would generate $409.2 billion in additional taxes by 2019, according to an analysis by the congressional Joint Committee on Taxation, a nonpartisan agency. The bill also imposes about $69 billion more in penalties for individuals and businesses who don’t meet mandates to buy insurance, according to theCongressional Budget Office, another nonpartisan agency.

READ THE REST OF THE ARTICLE HERE – New Taxes for Health Care Help Obama ‘Spread the Wealth Around’ – Bloomberg.com.

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Filed under 10th Amendment, Article 1 Section VII, Barack Obama, Big Government, Congress, Constitution, Cronyism, DEFICIT, Dictators, Economics, Elections, Entitlements, Government Spending, Healthcare Reform, House of Representatives, Ideology, IRS, Medicaid, Medicare, Progressives, SEIU, Socialism, United States of America

Obamacare’s Achilles Heel

There is an important lesson to be learned about Obamacare, which passed the House last night. It was brought to national attention on February 7th, when President Obama sat down for a Super Bowl interview with Katie Couric. Among the many surprising things he said was this:

Look, I would have loved nothing better than to simply come up with some very elegant, you know, academically approved approach to health care. And didn’t have any kinds of legislative fingerprints on it. And just go ahead and have that passed. But that’s not how it works in our democracy. Unfortunately, what we end up having to do is to do a lot of negotiations with a lot of different people.

Translation: “There’s a rational solution that would not require all this messy politics.”

read the rest here: American Thinker: Obamacare’s Achilles Heel.

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Filed under Barack Obama, Healthcare Reform, Ideology, Liberals, National Debt

Obama in his OWN words: Health Care Plan will ELIMINATE Private Insurance

YouTube – SHOCK UNCOVERED: Obama IN HIS OWN WORDS saying His Health Care Plan will ELIMINATE private insurance.

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Filed under 10th Amendment, Barack Obama, Big Government, Entitlements, Government Spending, Healthcare Reform, individual rights, Liberals, Organized Labor, Progressives, United States of America

House Democrats appear set to pass Senate bill without voting on it

Republicans now expect Democrats to pass health care through the House with a trick only Capitol Hill could dream up: approving the Senate bill without voting on it.

Democrats will vote on a separate bill that includes language stating that the original Senate bill is “deemed passed.”

So by voting for the first bill — a reconciliation measure to fix certain things in the Senate bill — that will automatically pass the second bill — the original Senate bill — without a separate roll call taking place.

It’s called the “Slaughter Solution” (prepare for a weekend of endless TV gabbing about it).

And after debating House Majority Leader Steny Hoyer on the chamber floor, Minority Whip Eric Cantor emerged convinced that Democrats are going to use the tactic, and that they won’t allow Republicans, and the public, to see the text of any legislation for 72 hours before a vote.

“I can infer that we’re going to see a rule that will deem the Senate bill as having passed, and at the same time not even have 72 hours to even look at what they are passing,” Cantor, a Virginia Republican, said in an interview outside his office at the Capitol.

“The outrage to me on the part of the public is going to be focused on the fact that there is not even an up or down vote, a clean up or down vote,” Cantor said.

Here’s the reason Democrats are using such a complicated procedure: many in the House completely do not trust the Senate to pass fixes to the bill passed by the Senate in December. But according to the rules of reconciliation, the House must go first in passing the Senate bill and passing a reconciliation fix.

So House Democrats have been searching for a way to alleviate members’ concerns that if they vote for the Senate bill and the Senate does nothing to fix it, they will be hung out to dry as having supported a piece of legislation that many across the country dislike, either for spending reasons, or because of special provisions like the extra money for Nebraska’s Medicaid population (the “Cornhusker kickback”).

Technically, using the “Slaughter solution,” they’ll never have voted for the bill they find odious, even if their vote on the reconciliation legislation will have been the vote that passed the Senate bill into law.

House Speaker Nancy Pelosi, California Democrat, alluded to all this at her weekly press conference Friday.

“There are certain assurances that they want and that we will get for them before I ask them to take a vote,” Pelosi said.

The “Slaughter solution” is named for House Rules Committee Chairman Louise Slaughter, the New York Democrat who came up with the idea. She told the Daily Caller on Thursday that the chances of her procedure being used were “pretty good.”

Despite doubt among some on Capitol Hill on whether the “Slaughter solution” was feasible, Cantor expressed no doubt that the tactic could be used.

“It’s a self-executing rule. It is akin to passage but hidden in a rule as a side-note, passing the 2,700-page, $1 trillion bill, oh by the way,” he said.

Hoyer rejected the idea that Republicans have not had enough time to review the legislation.

“You have had months to review the substance of that bill. You don’t like it. We understand. You’re going to oppose it. We understand that as well. The fact of the matter is you cannot say you have had no notice of each and every provision for over two months,” said Hoyer, a Maryland Democrat.

Cantor said he wanted 72 hours to review the final text of the reconciliation bill.

“The reconciliation bill is new text. He claims it’s old hat, but this is clearly where they’re reconciling differences,” Cantor said, expressing concern that Democrats would rush the final text to the House floor for a vote to keep “sweeteners” used to buy off votes from being discovered.

Democrats are coalescing around a schedule for the bill’s route to the House floor for a vote. They are expecting a final score from the Congressional Budget Office later today.

On Monday, the House Budget Committee will mark the bill up, leading to an expected vote in the Rules Committee on Wednesday, with a final vote by the full House possible next weekend.

The question remains, however, whether Pelosi will even be able to round up enough votes to pass a bill.

Momentum continued to go the wrong direction for her on Friday, as two more Democrats said they are opposed to the bill.

Read more: http://dailycaller.com/2010/03/12/house-democrats-appear-set-to-pass-senate-bill-without-voting-on-it/#ixzz0i5TUtkLW

via House Democrats appear set to pass Senate bill without voting on it | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

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Filed under Barack Obama, Big Government, Congress, Cronyism, Government Spending, Healthcare Reform, Liberals, Lobbying, Progressives, Uncategorized, United States of America

NAACP to Honor Van Jones as ‘American Treasure’

The NAACP has a propensity to endorse quality people, like Jesse Jackson, Al Sharpton, etc. So why am I not surprised to hear that the NAACP considers 9/11 truther Van Jones to be an “American treasure”

Read more here:  NAACP to Honor Van Jones as ‘American Treasure’ : Fire Andrea Mitchell!.

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Filed under Liberals, NAACP, VAN JONES