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Special Report | Obama-GOP Tax Cut Deal

Mary Landrieu (D-LA): 'Obama-McConnell Plan' Is 'Almost Morally Corrupt'

5 Items including:

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  • Top 5 Problems with the Tax Deal
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  • Obama-Republican Deal Could Mean Tax Hike For One In Three  Workers
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David Culver, ed., Evergreene Digest

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Mike Thompson

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Top 5 Problems with the Tax Deal, Nita Chaudhary, MoveOn.org Political Action
Problem #1: The deal is a stealth attack on Social Security.
Problem #2: For nearly one in three workers, it's a tax increase.
Problem #3: The deal has not one but TWO millionaire bailouts.
Problem #4: Unemployment help is insufficient and inadequate.
Problem #5: Tax giveaways to the rich are a terrible way to create jobs.

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Obama-Republican Deal Could Mean Tax Hike For One In Three  Workers, Ryan Grim, Huffington Post

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  • The tax deal reached between President Obama and congressional Republicans could mean a higher tax bill for roughly one in three workers as a result of the Social Security tax cut Republicans pushed as a replacement for the current Making Work Pay tax credit.
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  • Olbermann Special Comment on the deal on the wealthiest Americans tax-cut extension
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Obama’s Hostage Deal, Paul Krugman, New York Times | NY
The point is that by seeming angrier at worried supporters than he is at the hostage-takers, Mr. Obama is already signaling weakness, giving Republicans every reason to believe that they can extract another ransom. And they can be counted on to act accordingly.

Olbermann Special Comment on the deal on the wealthiest Americans tax-cut extension, Hissyspit, Democratic Underground

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  • In exchange for this searing and transcendent capitulation the President got just 13 months of extended benefits for those unemployed for less than a hundred weeks, and they got nothing, absolutely nothing, for those unemployed for longer, the 99ers.
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  • (It is) not disloyal to say Obama (is) 'Goddamned Wrong,' Republicans (are)  'Treasonous'.
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  • Mary Landrieu (D-LA): 'Obama-McConnell Plan' Is 'Almost Morally Corrupt'
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Mary Landrieu: 'Obama-McConnell Plan' Is 'Almost Morally Corrupt' Ryan Grim, Huffington Post
Sen. Mary Landrieu, a conservative Democratic from Louisiana, lashed out Tuesday (Dec 7) at President Obama's deal with congressional Republicans that allows tax cuts for the wealthy to be extended for two years.