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Obama salutes spirit of compromise, signs tax bill
AP on Yahoo ^ | 12/17/10 | Jim Kuhnhenn - ap

Posted on 12/17/2010 2:47:37 PM PST by NormsRevenge

WASHINGTON (AP) -- President Barack Obama saluted a new spirit of political compromise Friday as he signed into law a huge tax bill extending cuts for all Americans -- including benefits for the rich that he and congressional liberals had denounced -- along with billions of dollars in help for the middle class and jobless workers.

"It's a good deal for the American people; this is progress and that's what they sent us here to achieve," Obama said as a rare bipartisan assembly of lawmakers looked on.

The package retains Bush-era tax rates for all taxpayers, from the working poor to the wealthiest. It also offers 13 months of extended benefits to the unemployed and attempts to stimulate the economy with a Social Security payroll tax cut for all workers.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: compromise; obama; salutes; taxbill
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1 posted on 12/17/2010 2:47:39 PM PST by NormsRevenge
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To: NormsRevenge

Okay, we’ve passed the bill. Now, what’s in it? What goodies? And what new losses of freedom?


2 posted on 12/17/2010 2:50:17 PM PST by backwoods-engineer (Onward to the battle royal!)
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To: NormsRevenge

What a Liberal crock!


3 posted on 12/17/2010 2:50:32 PM PST by ExTexasRedhead
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To: NormsRevenge

Where were the Dem leaders? They are usually standing behind the Won jocking for a face shot! None there except for Biden. The short midget lady was not there nor Pelosi or Reid. The Repubs got the pens.


4 posted on 12/17/2010 2:50:47 PM PST by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: NormsRevenge

The AP always has no clue.


5 posted on 12/17/2010 2:50:52 PM PST by ColdOne (:*))) MERRY CHRISTMAS TO YOU!!!!!)
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Merry Christmas!!!

U.S. President Barack Obama smiles after signing into law a bill at the Eisenhower Executive Office Building in Washington, December 17, 2010. Obama on Friday signed into law a bill extending Bush-era tax cuts and other benefits based on a deal he brokered with Republicans that angered liberals. REUTERS/Jim Young


6 posted on 12/17/2010 2:50:59 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: ExTexasRedhead
who dat hanging with the Prez?

U.S. President Barack Obama greets Reverend Al Sharpton (L) after signing into law a bill at the Eisenhower Executive Office Building in Washington, December 17, 2010. Obama on Friday signed into law a bill extending Bush-era tax cuts and other benefits based on a deal he brokered with Republicans that angered liberals. REUTERS/Jim Young


7 posted on 12/17/2010 2:52:59 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

Spirit of compromise???? No mention of Pelosi and Reid boycotting the signing ceremony.


8 posted on 12/17/2010 2:54:07 PM PST by Cementjungle
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To: backwoods-engineer

They needed to pass it so we could find out what was in it! :)


9 posted on 12/17/2010 2:55:32 PM PST by RobRoy (The US Today: Revelation 18:4)
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To: NormsRevenge

Oddly, the headline does not read OBAMA SIGNS EXTENSION OF BUSH-CHENEY REGIME TAX CUTS FOR THE RICH.

Huh, wonder why not?


10 posted on 12/17/2010 3:00:53 PM PST by Argus
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To: NormsRevenge

I would like to know who voted each way...where do I find that? Of course I realize that many reps change their votes once they see how it is going so they can be on the winning side. Their real position is often reflected in preceeding ‘test’ votes. This works effectively to fool voters!


11 posted on 12/17/2010 3:03:04 PM PST by Voltage
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To: NormsRevenge
Please, God, an air-communicable antigen-shifting virus in DC would be great about now...


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

12 posted on 12/17/2010 3:04:46 PM PST by The Comedian (Government: Saving people from freedom since time immemorial.)
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To: NormsRevenge
Was anyone surprised that he signed. After all this piece of crap has been in the works for months and these communists want us to think that it was a last minute bill. America is damned as long as the communists (Democrats and King Obama’s empire) are in power. It will take many generations to attempt to get back to a Constitutional form of Government. Wake up America.
13 posted on 12/17/2010 3:10:18 PM PST by Logical me
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To: NormsRevenge
"U.S. President Barack Obama smiles after signing into law a bill at the Eisenhower Executive Office Building...:

Ike is spinning in his grave.

14 posted on 12/17/2010 3:11:37 PM PST by Cobra64
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To: NormsRevenge

Suddenly tax cuts are a good thing.


15 posted on 12/17/2010 3:16:33 PM PST by Carley (ISRAEL.......NOT SO ALONE!!!)
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To: RobRoy

Notice how they caved when we were about to find out what was in the porkulus bill.

Now I want to know in advance, what is in the CR.


16 posted on 12/17/2010 3:17:59 PM PST by Carley (ISRAEL.......NOT SO ALONE!!!)
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To: NormsRevenge

Not much of a compromize, more like the Republican presented the bill to Obama and said “please sign where indicated, SIR” just saying.


17 posted on 12/17/2010 3:39:40 PM PST by munin (Enki did it, George Bush did it)
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To: NormsRevenge

Compromise, the new word for extortion. Cool.


18 posted on 12/17/2010 4:02:52 PM PST by itsahoot (We the people, allowed Republican leadership to get us here, only God's Grace can get us out.)
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To: NormsRevenge
obamanoid is the loser but man the left is trying to spin it as a major obama win. Even a blind man can see the lie in that whopper! I posted the following in a thread from this morning... but it makes two points that go along with this latest propaganda. 1) obama caved and went back on several campaign promises and even on promises that he made recently... "No new taxes" proved that lying will cost you an election. 2) charles krauthammer is a delusional liberal dim that plays a conservative pundit for a living. "Well we have another night where charles krauthammer, appearing on the fox all stars, says obama won everything and that the republicans lost the 2012 elections because of being rolled by obama.

chuckie thinks a trillion in new spending is going to stimulate the economy (the other 3.3 trillion in spending has done nothing but depress the economy further into the abyss) and obama will get the credit... but chuckie is on so much dope that he is not thinking straight... the omnibutt bill with 1.3 trillion in NEW spending... is dead. The tax extension bill only has 283 billion in new spending so it is not a trillion... but the liberal chuckie krauthammer sees an extension of the tax rates in effect for a decade now... as NEW spending that somehow will stimulate the economy. All it will do is it will cause no further decline in the economy by itself... but no stimulus will be seen and I have now put krauthammer in the same league as carville and beckel. Hey chuck... if you are reading this... FU chuck!" LLS

19 posted on 12/17/2010 4:34:09 PM PST by LibLieSlayer (WOLVERINES!)
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To: NormsRevenge
I cut and pasted from another thread and it ripped my formatting to shreds. It deleted my first paragraph also. I apologize... don't know what happened. Must have been the chicoms. I thought that post from another thread might tie in here.

LLS

20 posted on 12/17/2010 4:37:18 PM PST by LibLieSlayer (WOLVERINES!)
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