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http://news.yahoo.com/s/ap/20080207/ap_on_re_us/economy_stimulus
From the Associated Press:
The fate of $600-$1,200 rebate checks for more than 100 million Americans is in limbo after Senate Republicans blocked a bid by Democrats to add $44 billion in help for the elderly, disabled veterans, the unemployed and businesses to the House-passed economic aid package.
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Let's see if the Democratic Party is smart enough to use this effectively.
I doubt it.....
Regards,
BiR
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One reason I'm in favor of the line item veto. I think it's time we stop letting the "riders" hold us hostage.
tinytim
<img src =/tim2.jpg>
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Someone please remind me why I am a Republican!!!
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Lapse of judgment perhaps. :laugh:
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I would like a rebate check as much as the next person but this stimulus package is nothing if not legalized vote buying by incumbents.
Does anyone think this bill is going to fix our economy?
Do we have a surplus in the budget where we can give money back?
Are we going to cut government spending in any way because of the lost revenue?
This entire bill is nothing but a way for incumbents to go back home and brag to the voters about how they got them paid.
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North Carolina Tentmaker said:
I would like a rebate check as much as the next person but this stimulus package is nothing if not legalized vote buying by incumbents.
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Correct.
IMO, it will do more harm than good.
Not only is there not a surplus, but there is a budget deficit without even factoring in the cost of the war in Iraq and Afghanistan.
Social programs - yes.
Defense spending - no.
Regards, hope you and yours are well,
BiR
This entire bill is nothing but a way for incumbents to go back home and brag to the voters about how they got them paid.[/quote]
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The Democrats caved.............once again.
Is it any wonder Congress has such low approval ratings?
Senate Democrats had wanted a considerably larger package that included an extension of unemployment insurance, billions of dollars in energy tax credits and federally backed bonds for home construction. The Senate plan also would have ensured that poor seniors, veterans and workers who earn too little to pay income tax would have received $500 checks, the same amount that would have gone to working individuals. And it would have doubled eligibility thresholds, to $150,000 in income for individuals and $300,000 for couples.
But when a filibuster of that plan survived by a single vote, House Democratic leaders publicly pressured their Senate colleagues to scale back their ambitions and move fast.
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Until the Democrats get rid of their leadership, they are going to lose the Legislative branch.
They should have forced the GOP to run against their record of endless filibusters, but they apparently aren't smart enough to do that.
:laugh:
Regards,
BiR