House Democrats stop Obama / Republican compromise on Bush tax rates

HippiePelosi.JPGNow lets see how hard Obama will fight his own party. Far left socialist Democrats in the House have voted to reject the “compromise” on tax deal with Republicans in its current form. They insist on raising the death tax among other things, and unless they get it, Pelosi wouldnt even bring it to a vote! Though the vote symbolic, it also reveals that the real party of NO is the Marxist Democrats. CBSNEWS posted what far left Texas rep Lloyd Doggett’s attitude is on the matter:

Rep. Lloyd Doggett, D-Texas: “If it’s take it or leave it, we’ll leave it.”

Larry Summers, Obama’s chief economic adviser, told reporters that if the measure isn’t passed soon, it will “materially increase the risk the economy would stall out and we would have a double-dip” recession. That put the White House in the unusual position of warning its own party’s lawmakers they could be to blame for calamitous consequences if they go against the president.

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December 9, 2010 · Filed Under Taxes


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