Don’t Panic Just Yet

The word has been that the Senate has doomed the middle class to lower wages and high taxes in the future….I even fell into the hype around the Senate vote….but foresight has finally come to me….the House has their bill and now the Senate has theirs….and now the two must come together for a final bill 6to be sent to the president for his signature.

How do the two bills compare?

The Senate passed a nearly $1.5 trillion tax overhaul early Saturday after some late changes were made to the bill. The House passed a nearly $1.5 trillion tax bill two weeks ago that differs in key respects, and the two chambers will have to craft a compromise to send to President Trump, the AP reports. A comparison of the two Republican-written measures:

  • Personal income tax rates: The Senate bill retains the current number of brackets, seven, but changes them to 10, 12, 22, 24, 32, 35, and 38.5%. Under current law, the top bracket for wealthiest earners is 39.6%. The House measure condenses seven brackets to four: 12, 25, 35, and 39.6%. Under the Senate bill, the reductions in personal income tax rates are temporary, ending in 2026. They’re permanent in the House bill.
  • Individual insurance mandate. The Senate bill repeals the ObamaCare requirement that people pay a tax penalty if they don’t purchase health insurance. The House bill does not.
  • Personal exemption. Both bills eliminate the current $4,050 personal exemption.
  • Inheritance tax. Currently, when someone dies the estate owes taxes on the value of assets transferred to heirs above $5.5 million for individuals, $11 million for couples. The Senate bill doubles those limits but does not repeal the tax. The House initially doubles the limits and then repeals the entire tax after 2023.
  • Tax credits.:The Senate doubles per-child tax credit to $2,000. The House raises per-child tax credit from $1,000 to $1,600 and extends it to families earning up to $230,000. The House bill also creates a $300 tax credit for each adult in a family, which expires in 2023. Both bills preserve the adoption tax credit.
  • Standard deduction. Used by about 70% of US taxpayers, currently $6,350 for individuals and $12,700 for married couples. The Senate and House bills both double those levels to $12,000 for individuals and $24,000 for couples.
  • Corporate taxes: The Senate and House bills both cut the current 35% rate to 20%, but the Senate has a one-year delay in dropping the rate.
  • Alternative minimum tax. The AMT is aimed at ensuring that higher-earning people pay at least some tax. The Senate bill doesn’t repeal it but reduces the number of people who have to pay it. The House measure repeals the tax.

Pass-through businesses: Millions of US businesses “pass through” their income to individuals, who then pay personal income tax on those earnings, not corporate tax. The Senate bill lets people deduct 23% of the earnings and then pay at their personal income tax rate on the remainder. The House measure taxes many of the pass-through businesses at 25%, plus creates a 9% rate for the first $75,000 in earnings for some smaller pass-throughs.

So I would like to tell my readers that many bills have made it this far and failed…..we can only hope that this is one of those bills.

Sadly I am one of those people that does not look for this bill to fail….

Advertisements

The Cowards Emerge

I have been saying for years that the US Congress is staffed by cowards…..and 3 of the biggest have merges from the House…..the biggest the mouth of Louie Gohmert……these twats are trying to do Trump’s bidding for him…..in this Mueller probe…..

In a sign of just how frustrated some in the GOP are with special counsel Robert Mueller after “indictment week,” three House Republicans introduced a measure Friday that would pressure Mueller to step down. The nonbinding measure, introduced by Reps. Matt Gaetz, Andy Biggs, and Louie Gohmert, would put the House on record as believing Mueller should resign because he’s unfit to lead the investigation into Russian interference in the 2016 election, Politico reports. Why? Due to “obvious conflicts of interest,” including his relationship with James Comey, who succeeded him at the FBI and was later ousted from his post by President Trump; among other things, Mueller is investigating whether anyone in the Trump administration obstructed justice during that ouster.

Per Fox News, the measure also makes note of Mueller’s supervision of a bribery probe when he was FBI director that involved a Russian nuclear-energy company that got approval from US government agencies to buy a Canadian energy company that had mining operations in the US. “Evidence has emerged that the FBI withheld information from Congress and from the American people about Russian corruption of American uranium companies,” Gaetz said in a statement wondering how the deal got US approval despite the bribery probe. The representatives say that’s another reason Mueller should recuse himself as special counsel, as his “impartiality is hopelessly compromised.” But, as multiple outlets including Business Insider note, most Republicans so far support keeping Mueller in place, including those in leadership positions.

Time for these d/bags to be primaried by real conservatives….replace these worthless toads with people that want the government to work the way it is suppose to work.

These guys are playing the usual worthless game they always play.

Once an idiot always an idiot.

 

Boehner Unloads

Former House Speaker John Boehner has been silent since he left Congress thanx to the dickheads in the “Tea Party”……since his departure he has been pretty quiet but then along came new FOX News commentator, Jason Chavitz…..

Former House Speaker John Boehner called his former colleague Jason Chaffetz an “asshole” and “total phony” during a lengthy feature interview with Politico Magazine.

The profile, released on Sunday, promised an “unchained” Boehner in his most revealing and candid interview since retiring from Congress in 2015. While discussing Rep. Trey Gowdy (R-S.C.) taking over the House Oversight Committee following Rep. Jason Chaffetz’s (R-Utah) June resignation from Congress, Boehner let loose.

In addition to calling Chaffetz a “total phony” who was more concerned with self-promotion than legislation, Boehner ripped Rep. Jim Jordan (R-Ohio), the founding chairman of the House Freedom Caucus, calling him a “legislative terrorist.” Some Republicans wanted Jordan to take over the committee after Chaffetz’s resignation. Boehner added,

Source: John Boehner Rips ‘A**hole’ Jason Chaffetz In Scorching Interview | HuffPost

Let’s say Boehner pulled no punches and now we know what he thought of the idiots he served with in the House. All I can add in closing is….You Go Boy!

I was never a fan on Boehner when in office but I like his outspoken way and in so he has a new fan….ME!

Bi-Partisan Health Care

Last week the GOP health care plan went down in flames….thanx to 3 brave Repubs….now there is scrambling to find a new health care plan…

News has come out that there could be a bi-partisan attempt at a repair….

“Centrist lawmakers plot bipartisan health care stabilization bill,” by Heather Caygle and Paul Demko: “A coalition of roughly 40 House Republicans and Democrats plan to unveil a slate of Obamacare fixes Monday they hope will gain traction after the Senate’s effort to repeal the law imploded. The Problem Solvers caucus, led by Tom Reed (R-N.Y.) and Josh Gottheimer (D-N.J.), is fronting the effort to stabilize the ACA markets, according to multiple sources. But other centrist members, including Rep. Kurt Schrader (D-Ore.), and several other lawmakers from the New Democrat Coalition and the GOP’s moderate Tuesday Group are also involved.

“Their plan focuses on immediately stabilizing the insurance market and then pushing for Obamacare changes that have received bipartisan backing in the past. The most significant proposal is funding for Obamacare’s cost-sharing subsidies. Insurers rely on these payments – estimated to be $7 billion this year – to reduce out-of-pocket costs for their poorest Obamacare customers.” http://politi.co/2vdbyY7

Sounds good?

To my mind any time that something can be accomplished with the help of both Houses then it is a good day for the Republic.

Then there is Bernie’s promise to introduce a “single payer” system….

As Senate Republicans go back to the drawing board on the proposed Obamacare repeal, Sen. Bernie Sanders has swung the national healthcare debate to the other side of the pendulum. The Vermont Independent says he’ll “absolutely” introduce a single-payer bill to the Senate, reports the Hill. Sanders didn’t give a timeline for the proposed bill, but told CNN’s Jake Tapper on State of the Union that, “We’re tweaking the final points of the bill and we’re figuring out how we can mount a national campaign to bring people together.” According to CNN, the senator admitted that the Republican-controlled Congress wouldn’t be the only obstacle in passing such a bill. Special interest groups all but sank Vermont’s bid to enact a single-payer system, he said, and would make such a proposal difficult to pass.

“Taking on the insurance companies and the drug companies, taking on Wall Street, taking on a lot of very powerful forces that make billions of dollars a year from the current health care system is not going to be easy,” he said, “and it’s not going to take place until millions of people get involved in this struggle.” Per the Hill, a spokesperson for Sanders called a single-payer amendment attached to the ObamaCare repeal Wednesday a “sham.” President Trump tweeted support for repeal Sunday morning, writing, “Don’t give up Republican Senators, the World is watching: Repeal & Replace…and go to 51 votes (nuke option), get Cross State Lines & more.” But Sanders isn’t taking the bait: “If people don’t like the private insurance that they’re getting, they should have a Medicare-type public option available in every state in this country.”

Neither will go far but at least there is an attempt at a repair job….not something as moronically simplistic as a slogan like “repeal and replace”…..

I wish them both luck for they will need it.

The Vote That Had No Chance

For months I have writing that the Congress needs to get off their butts and do something about the AUMF….that we have enough wars already and need to start voting on the use of military force.

Congresspeople like Gabbard and Sanders and few others have tried in the past but have come up short….then this session Rep. Lee offered up the proposal yet again……and it has a chance…..don’t that beat all?

No one was more surprised than Rep. Barbara Lee (D-Calif.) on Thursday when her language revoking the administration’s war authority was unexpectedly backed by Republicans and added to a must-pass defense spending bill.

Lee for years has attempted to shutter the law passed in the wake of the Sept. 11 terrorist attacks, but this week’s backing reflects shifting politics and unusual bipartisan support.

Source: Surprise war vote points to shift in GOP | TheHill

In the past it has been few Dems that offered up the bill…..but this time even the GOP got in on the deal…..

If successful then Congress will take back its power……..

The war in Afghanistan — the longest sustained military conflict in American history — could soon come to an end. So could any number of “humanitarian interventions,” “kinetic military actions,” “surgical strikes,” or any other euphemisms for war that the U.S. has relied upon for the past 16 years. And it could happen because one congresswoman who saw through the fog of fear and rage in the days after the 9/11 attacks — and presciently warned of the dangers of handing a blank check to the executive branch to wage war against an amorphous stateless enemy — was able to convince her colleagues that it was well past time for Congress to do its job with regard to sending our service men and women into battle.

Source: Is Congress finally going to take back its power to declare war?

I may have found a new respect for Congress and restored my faith in the Repubs.

It is about time for Congress has relinquished its duties for far too long…..now get to work.

House Committee Votes to Repeal AUMF

Holy Crap!

I never thought that I would live to see the day when a GOP led House Committee voted to repeal AUMF……

House Committee Votes to Repeal AUMF, Ruled ‘Out of Order’| Republican leaders argue vote cripples terror war, shouldn’t count.

In a stunning move, the House Appropriations Committee today approved an amendment to the massive military spending bill offered by Rep. Barbara Lee (D – CA). The amendment, passed in a voice vote, and would repeal the 2001 Authorization for the Use of Military Force (AUMF).

Source: House Committee Votes to Repeal AUMF, Ruled ‘Out of Order’ – News From Antiwar.com

It is still NOT a done deal….but one helluva step forward.

A Political Football

Yesterday the news broke that a Congressional ball game practice had been interrupted by gunfire….

Rep. Steve Scalise of Louisiana, the GOP House majority whip, has been shot while at baseball practice in Alexandria, Va., reports Fox News. He is expected to survive, and the gunman is in custody. Police say a total of five people were wounded, with the other four believed to be two Capitol Hill police officers, a congressional aide, and the gunman. Rep. Mo Brooks of Alabama was there and tells CNN that a white male shooter with a rifle of some kind unleashed multiple rounds on the field from behind a chain-link fence near a dugout. “I saw Scalise go down at second base,” said Sen. Rand Paul. Brooks said Scalise was shot in the hip and he helped tend to his fellow lawmaker’s wound by using a belt as a makeshift tourniquet. The extent of the injuries to others wasn’t immediately clear, but at least one person, believed to be one of the officers, was air-lifted from the scene.

“I was on deck, about to hit batting practice, when I heard a ‘blam,'” said Brooks on CNN, per USA Today. Scalise “was not able to move under his own power” and was “dragging his body from second base,” he said. “He was shot in the hip. I think it was not a life-threatening wound.” The Republican team was there practicing for a charity baseball game. Sen. Jeff Flake of Arizona also was present and confirmed the gunman had been shot. “Whether he was targeting certain members, we don’t know.” He added that he got hold of Scalise’s phone and called Scalise’s wife to tell her the news personally. In a statement, President Trump tweeted that Scalise was a “true friend and patriot” and will “fully recover.” Paul credited the two Capitol Hill police officers on the scene with preventing a “massacre.”

Later the news broke with the ID of the gun man……

The gunman who opened fire Wednesday morning at a GOP congressional baseball practice outside DC has died, President Trump revealed in a public statement about the attack. The shooter had just been identified as 66-year-old James T. Hodgkinson of Belleville, Ill. Authorities have not speculated about a motive. Hodgkinson, whose license for a home-inspection business was not renewed late last year, has had at least one prior brush with the law: About a decade ago, he was charged with battery and aiding damage to a motor vehicle in St. Clair County, Ill., reports the Washington Post. The charges were dismissed.

After I heard the news my first thought was for the injured and then I wondered how long it would take someone, an intellectual midget, to turn this into some political football.

Did not take long before the biggest d/bag of all made his lame ass statement….

Former Speaker Newt Gingrich (R-Ga.) on Wednesday linked a growing trend of “hostility” on the left to violent incidents like the shooting that morning at congressional Republicans’ baseball practice.

“It’s part of a pattern,” Gingrich said on Fox News. “An increasing intensity of hostility on the left.”

Gingrich pointed to the violence and intimidation toward conservatives on college campuses as another sign of the left’s hostility toward Republicans and President Trump.

“Look, I talk to college students regularly,” Gingrich continued, “who say that if they are openly for Trump, they get threatened.”

“I’ve had college students tell me they get threatened with being beaten up, some of them get death threats,” he said.

Gingrich is a shameless opportunist….he is trying to take political advantage of a sad situation.

And he is not alone……enter the moron King

Right-wing Iowa Republican Rep. Steve King did not attend Wednesday’s practice but traveled to the baseball field after the shooting to tell the gathered media that “the violence is appearing in the streets, and it’s coming from the left.”

Wait!  There is more……

President Donald Trump’s son, Don Trump Jr., took his outrage to Twitter as well and blamed so-called New York elites who have glorified the assassination of the president.

And anyone that tries to make political hay out of this situation is a douche bag of the same caliber…..and I mean anyone….matters not which side of the aisle they play on…a gutless freak.

From under the political rocks crawls the slugs…..

Both Republican and Democratic lawmakers report an increase in threats following Wednesday’s shooting at a GOP baseball practice in Virginia. Republican Rep. Claudia Tenney of New York tells CNN she received an email with the subject line “One down, 216 to go.” The body of the email read: “When you take away ordinary peoples [sic] very lives in order to pay off the wealthiest among us, your own lives are forfeit. Certainly, your souls and morality were lost long before.” Democratic Rep. Nanette Diaz Barragàn tells BuzzFeed multiple Democratic lawmakers received calls saying “You guys are next” after the shooting.

Lawmakers from both parties say threats were already increasing prior to Wednesday’s shooting. Democratic Rep. Al Green of Texas says there’s been a shift in the “intensity of ugly calls,” saying some of the threats “really tug at your heart.” Republican Rep. David Schweikert of Arizona says he recently received a threat hoping for the death of his daughter. “In the past we’ve always sort of just sucked it up,” he says. Republican Rep. Steve Scalise of Louisiana and lobbyist Matt Mika were shot Wednesday and remain in critical condition following surgery, CNN reports. Congressional staffer Zach Barth and Capitol Police officers Crystal Griner and David Bailey are doing well. The shooter, James Hodgkinson, was killed by police.

Seriously?

This is American politics now.

Happy?