Thursday, September 16, 2010

.A fractured party...

No I'm not talking about the Republicans who had their own taste of tea-party retribution when a couple of party favorites got KO'ed in the primaries Tuesday I'm talking about Democrats in Congress (link in title). From CNN...

Washington (CNN) – Thirty-one House Democrats, most of whom face tough re-election bids this fall, have signed a letter to House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer urging them to extend expiring tax breaks for all income levels, including the wealthy.

Pelosi and other House Democratic leaders have made it clear they support President Obama's proposal to vote on a bill that only renews tax breaks for those making $250,000 and under. But with the midterm elections less than two months away, leaders have not yet decided whether they will schedule a vote on the legislation before voters go to the polls.

The letter–written by Utah Rep. Jim Matheson, Illinois Rep. Melissa Bean, Virginia Rep. Glenn Nye and Michigan Rep. Gary Peters–states that after listening to economists, small businesses and families over recent weeks they are concerned that "raising any taxes right now could negatively impact economic growth."


"We believe in times of economic recovery it makes good sense to maintain things as they are in the short term, to provide families and businesses the certainty required to plan and make sound budget decisions. Providing this certainty will give small businesses, the backbone of our economic recovery, confidence and stability," the lawmakers wrote.

CNN reported that the four authors were circulating a draft of the letter earlier this week. But with more than 30 Democrats now signed on to the final letter, Democratic leaders will face increasing pressure to address the concerns of these moderate members.

Republican congressional leaders have been making similar arguments, pushing for a two year freeze on all current tax rates.

Earlier on Wednesday, Hoyer told reporters he could consider proposals to extend tax cuts for higher wage earners, but he also stressed his strong support for just renewing the middle income tax breaks.

Later Wednesday, Hoyer released a written statement noting he was simply saying he was willing to talk to others about their positions.

"Unfortunately, the reports of my answer implied a willingness to support an extension of Bush policies," he wrote. "That is incorrect."


Things are looking better every day.

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