Thursday, December 16, 2010

$1.3T Budget- RIP: Update Bush Tax Cuts Passed









Thanks god Senators got right for once.
The $1.3T Omnibus Bills is dead, thanks to GOP pressure and pressure from the American people.
Harry Reid finally lost one and deservedly so.

Bowing to pressure from both to Republicans and Democrats opposition to a 1,924-page $1.3 trillion spending measure
packed with 6000 earmarks, Reid withdrew the bill and said he would work with Republican leaders on a smaller, short-term budget fix to avoid a looming government shutdown.

Here is all the earmarks set for this bill. It is an Obamanation that would have put this country in a whole hell of a lot of trouble beon what we are in already.
FY2011OmnibusEarmarkDatabase.xlsx


Reid, in announcing his decision, lashed out, saying that he had the support of the nine GOP senators needed to pass the measure, but suddenly that support evaporated.

"This action taken by my friends on other side of aisle going to cause people to lose their job," Reid said.
Yes, Harry, lose Government Jobs. Less Government IS a much better outlook for our Nation.

But what he doesn't say is his support among Democrats in the Senate evaporated also. And those Dems are up for re-election in 2012.


------------------Update-------------------
House just passed the Bush Tax Cut Extension and voted down the estate tax provision to it.
Now heads to Obama's desk.
Not bad, but would have preferred a permanent extension for all and a funded unemployment insurance.
Maybe in the 112th