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	<title>Comments on: House Dems Reduce Obama&#8217;s Tax Cut to $230B &#8211; and Falling</title>
	<atom:link href="http://www.redstate.com/brianfaughnan/2009/01/14/house-dems-reduce-obamas-tax-cut-to-230b-and-falling/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.redstate.com/brianfaughnan/2009/01/14/house-dems-reduce-obamas-tax-cut-to-230b-and-falling/</link>
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		<title>By: IJB</title>
		<link>http://www.redstate.com/brianfaughnan/2009/01/14/house-dems-reduce-obamas-tax-cut-to-230b-and-falling/#comment-2581</link>
		<dc:creator>IJB</dc:creator>
		<pubDate>Wed, 14 Jan 2009 20:55:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.redstate.com/brianfaughnan/?p=420#comment-2581</guid>
		<description>Just like Clinton did! 

And look how well that turned out!! 

The problem here is that it seems to be turning out that Obama, just like Clinton, doesn&#039;t have a set of core principles or a governing philosophy. 

That&#039;s an easy recipe for getting rolled by the &#039;true believers&#039; in Congress. 

Can&#039;t wait to see this guy&#039;s approval ratings come Summer and Fall...</description>
		<content:encoded><![CDATA[<p>Just like Clinton did! </p>
<p>And look how well that turned out!! </p>
<p>The problem here is that it seems to be turning out that Obama, just like Clinton, doesn&#8217;t have a set of core principles or a governing philosophy. </p>
<p>That&#8217;s an easy recipe for getting rolled by the &#8216;true believers&#8217; in Congress. </p>
<p>Can&#8217;t wait to see this guy&#8217;s approval ratings come Summer and Fall&#8230;</p>
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		<title>By: bk</title>
		<link>http://www.redstate.com/brianfaughnan/2009/01/14/house-dems-reduce-obamas-tax-cut-to-230b-and-falling/#comment-2580</link>
		<dc:creator>bk</dc:creator>
		<pubDate>Wed, 14 Jan 2009 20:43:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.redstate.com/brianfaughnan/?p=420#comment-2580</guid>
		<description>Here are Obama&#039;s three main campaign promises on the economy, as copied from &lt;a href=&quot;http://www.barackobama.com/issues/economy/index.php&quot; rel=&quot;nofollow&quot;&gt;his own website&lt;/a&gt;.
&lt;blockquote&gt;
&lt;ol&gt;
&lt;li&gt;&lt;b&gt;Barack Obama will provide a tax cut for working families:&lt;/b&gt;&lt;br /&gt;Obama and Biden will restore fairness to the tax code and provide 95 percent of working Americans the tax relief they need. They will create a new &quot;Making Work Pay&quot; tax credit of up to $500 per person, or $1,000 per working family.&lt;/li&gt;
&lt;li&gt;&lt;b&gt;Provide tax relief for small businesses and startups:&lt;/b&gt;&lt;br /&gt;Obama and Biden will eliminate all capital gains taxes on startup and small businesses to encourage innovation and job creation.&lt;/li&gt;
&lt;li&gt;&lt;b&gt;Fight for fair trade:&lt;/b&gt;&lt;br /&gt;Obama and Biden will fight for a trade policy that opens up foreign markets to support good American jobs. They will use trade agreements to spread good labor and environmental standards around the world.&lt;/li&gt;
&lt;/ol&gt;
&lt;/blockquote&gt;
I don&#039;t have a link, but last night I heard Harry Reid say that he &quot;didn&#039;t know of one Senator&quot; who approved of the $3K tax credit for businesses hiring new workers, so they just tossed one of the main subpieces of the Obama plan out of hand. Now they&#039;re moving on to other parts. By the time they&#039;re done with it, the tax cut for &quot;working Americans&quot; is going to become nothing more than a tax refund (i.e a welfare check, since they didn&#039;t pay any taxes to refund) for non-working Americans, paid for by working Americans.

PS With no preview I sure hope I got all these tags right.</description>
		<content:encoded><![CDATA[<p>Here are Obama&#8217;s three main campaign promises on the economy, as copied from <a href="http://www.barackobama.com/issues/economy/index.php" rel="nofollow">his own website</a>.</p>
<blockquote>
<ol>
<li><b>Barack Obama will provide a tax cut for working families:</b><br />Obama and Biden will restore fairness to the tax code and provide 95 percent of working Americans the tax relief they need. They will create a new &#8220;Making Work Pay&#8221; tax credit of up to $500 per person, or $1,000 per working family.</li>
<li><b>Provide tax relief for small businesses and startups:</b><br />Obama and Biden will eliminate all capital gains taxes on startup and small businesses to encourage innovation and job creation.</li>
<li><b>Fight for fair trade:</b><br />Obama and Biden will fight for a trade policy that opens up foreign markets to support good American jobs. They will use trade agreements to spread good labor and environmental standards around the world.</li>
</ol>
</blockquote>
<p>I don&#8217;t have a link, but last night I heard Harry Reid say that he &#8220;didn&#8217;t know of one Senator&#8221; who approved of the $3K tax credit for businesses hiring new workers, so they just tossed one of the main subpieces of the Obama plan out of hand. Now they&#8217;re moving on to other parts. By the time they&#8217;re done with it, the tax cut for &#8220;working Americans&#8221; is going to become nothing more than a tax refund (i.e a welfare check, since they didn&#8217;t pay any taxes to refund) for non-working Americans, paid for by working Americans.</p>
<p>PS With no preview I sure hope I got all these tags right.</p>
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