Posted on 02/05/2002 11:08:12 AM PST by finnman69
WASHINGTON - The economic stimulus bill that President Bush says will hasten recovery from recession appears dead in the Senate and will probably be shelved, Senate Majority Leader Tom Daschle said Tuesday. Daschle, D-S.D., said neither Republicans nor Democrats will have the 60 votes necessary to win approval of their competing measures and that the Senate will take up other business on Wednesday.
"It's with great regret I will pull the bill tomorrow," Daschle told reporters Tuesday.
I guess the argument is one of symantics. From your IRS guidance: The law also created a new 10% tax rate on the first $6, 000 of taxable income ($ 10,000 for a head of household; $12,000 for a married couple). To give people this tax cut more quickly, the law directed that most taxpayers would receive this benefit as an Advance Payment check in the summer or fall of 2001. The checks were based on the taxpayers' 2000 tax returns. Thus, most people have received the full benefit of this change, and it will not affect how they complete their 2001 tax returns.
While the tax tables haven't changed (still 15%), the 10% rate was created by way of the 'Advance Payment check'. If I had not received the $600, I would have received it as part of my refund this year. You're right, you wouldn't reduce your refund directly (when you calculate your overpayment) since it is already taken into account.
Bah Humbug. Trent Lott is D'Asch_Hole DemocRATS best ally.
i'm one of these. my benefits run out in two weeks. using my email "spammer" tool i've sent email to over 3000 companies across the company. (my "spammer" tool allows me to personalize the emails so they don't know it's spam). i've had some interest from companies, and traveled to Chicago and Seattle for job interviews. i should find out in coming weeks whether i have any offers from this collosal undertaking. meanwhile, my unemployment runs out. lucky for us we have been able to move in with family, have given our car back to the bank, etc. etc. so we're not going to starve to death when our unemployment stops, but i know there are people out there not as lucky. i'm one of those white-collar high tech workers who have gone from 6 figures to nearly nothing; unfortunately all the mcdonalds jobs are taken.
"Daschle, D-S.D., said neither Republicans nor Democrats will have the 60 votes necessary to win approval of their competing measures"
it takes 51 votes to win, dasshole.
Drop Dead!
knock that off. he'll get his during the next election cycle. he's "leading" his party down the toilet after him.
Trent can't. The majority leader determines what reaches the floor and what doesn't. If Daschle doesn't want the bill to reach the floor -- which would force the Dems to filibuster -- it won't.Gee I wonder how all that trash got to be law during Lott's tenure? Motor Voter comes to mind, for one....
True -- true.
What the 'Rats specifically are, as you already know, are hard-core Socialists.
Socialists who've never been this close to their goal in the history of the ideology.
Good Gawd; America's the one crown jewel that up until 1992?
They couldn't touch with a ten foot pole.
Of course, the media changed all that.
Truth is?
It wasn't as-if ol' James "Cue Ball" CarVILE didn't warn this nation what'd happen IF the Right made a move for power?
I believe he used the term, "Scorched Earth"?
I'm just curious to one day learn whether or not the Right ever took his threat(s) seriously; or, blew 'em off the way they've been know to do to their base?
Methinks they didn't listen very closely; not based on attitudes appearing on this BB, alone.
Old Serpent Head didn't already make good his promise, either.
He's making it good right now; a, "Work In Progress" could we say?
Yea; you're damned right the Socialists will destroy this nation; long before they ever relinquish whatever power they now hold.
People don't want to accept that fact?
Fine & dandy with me.
People are free to whistle past the graveyard of their choice as far as I'm concerned.
But, whistling they are, nonetheless.
...or as someone once said, "It's a WAR, stupid!"
Good comments.
Jeffords took it upon himself to essentially negate the vote of anyone who did not vote for a democrat in a senatorial election. Doing this after the election amounted to nothing less than a coup. Now we are paying because the GOP made nice & said "Thank you, come again!" after Jeffords screwed the voters of ths country.
I hope Vermont has to pay $5.00 a gallon for milk. (Sorry, I know there are good people in Vermont--don't want them to suffer).
What ever you call it, it can not be called a rebate. The tax rate
did not change, so you will pay the same amount as you would
have before. The $500.00 can in no way be called a rebate.
Next thing we know, you will be saying a surtax(remember those)
is not a tax increase. :<D
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