House passes Senate Tax Bill now awaits Presidents signature - Las Vegas Democrat | Examiner.com

House passes Senate Tax Bill now awaits Presidents signature - Las Vegas Democrat | Examiner.com

The House just held a final vote to past the Senate Tax Bill (which passed yesterday), the House passed the Bill by a vote of 277-148.

The Senate tax Bill was brokered by President Obama and Republican Senate Minority Leader Mitch McConnell earlier this month after the Republicans held 2 million unemployed Americans hostage as their unemployment benefits were set to expire around Christmas Day. The Republicans also held millions of middle class working American families hostage as well by saying the middle class and the poor will get nothing, zip, nada, zilch, unless the rich get their tax cuts.

The legislation will continue the Bush era tax cuts for everyone including the wealthiest Americans for two more years. The Bush ear tax cuts, which were passed ten years ago through reconciliation with Dick Cheney casting the tie breaker vote in the Senate, were rammed down the throats of working Americans, 90 percent of the Tax cuts went to the top two percent in America, everyone else were given crumbs, they call it trickle down. But Americans felt something else trickling down.

The Bush Tax cuts for the rich added 2.5 trillion to the National Debt because they were unfunded, they again are being rammed down the throats of working Americans for another two years and still remain unfunded while adding an additional $858 Billion to our National Debt.

The Bush era tax cuts were set to expire at midnight December 31.

Among the items included in the legislation is a 13 month extension of unemployment benefits, a 2 percent income tax break for working American and Billions in tax breaks for the rich again.

The Bill now goes to the President for his signature. And two years from now as we are in the heat of the 2012 Presidential campaigns, we will all be forced to listen to this debate all over again. Gee, I wonder who will benefit.

You've heard of a Turducken, a Duck shoved up a Turkey then baked...Well now comes the Donkiphant, a Donkey shoved up an Elephant's backside then it sits on the American Public.

And the next time the Republicans pound their chest about lowering our National Debt, ask them to pound their chests harder, until it hurts.