The 99ers' unemployment extension, the tier 5 and Bush's tax cuts for the wealthy are things on the minds of both old and new lawmakers. What will be their decisions when they enter the lame duck session next week? Will they hit on the unemployment extension first, or will they try to pass the tax cuts first?
Probably the tax cuts, but that's a HUGE mistake, mainly because the tax cuts expire at the end of the month. Something must be done so that Congress doesn't become the Grinch who Stole Christmas from about 2 million American families.
The Bush Tax Cuts are a concern to the wealthy. After all, if they aren't extended the government will get loads more tax revenue. You'd think that with our economy the way it is, that would be a good thing. However, no one wants to pay taxes - especially not the wealthy.
In addition, who do you think funds the campaigns for Congressmen/women and Senators? Not the unemployed - that's for certain. It's the wealthy. Washington has a stronger interest in helping those who helped them personally, than helping us.
Hopefully the decisions that Washington makes over the unemployment extension will be positive. American needs an unemployment extension for the 99ers, and a Tier 5.
http://politics-and-world-5678.blogspot.com/2010/11/decisions-unemployment-extension-tier-5.html