42%
By Creature
That's the percentage of tax cuts in the stimulus bill compromise reached in the Senate tonight. That's about thirty percent too much. Very disappointing.
**********
UPDATE: For more on the compromise, see the NYT.
It's all well and good that the Democrats managed to win over a couple of moderate Republicans, but what good is there in making smaller a stimulus package that is already too small? I agree with Creature that the Dems ought to have stuck to their guns, not accepted so many tax cuts, and forced the Republicans to filibuster. But at least this is a start. Maybe there's more to come down the road.
-- MJWS
That's the percentage of tax cuts in the stimulus bill compromise reached in the Senate tonight. That's about thirty percent too much. Very disappointing.
**********
UPDATE: For more on the compromise, see the NYT.
It's all well and good that the Democrats managed to win over a couple of moderate Republicans, but what good is there in making smaller a stimulus package that is already too small? I agree with Creature that the Dems ought to have stuck to their guns, not accepted so many tax cuts, and forced the Republicans to filibuster. But at least this is a start. Maybe there's more to come down the road.
-- MJWS
Labels: economic stimulus, U.S. economy, U.S. Senate
posted by creature at
8:42 PM
3 Comments:
Very is an understatement. I'm all for compromise, but how do you compromise with a party (i.e, the GOP) that doesn't operate in good faith? And how is it that with a Democrat president and Democratic majorites in both houses of Congress, the stimulus bill is looking more and more like vehicle for Republican ideology?
By
Michael J.W. Stickings, at 8:51 PM
Yeah. I would have passed a bigger spending bill and forced the GOP to filibuster. But what do I know, I'm just a blogger.
By
creature, at 8:54 PM
Yeah, but you're not a coward.
By
Michael J.W. Stickings, at 9:21 PM
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