Nice try Rep. Boehner.  Unfortunately the 50% of America not paying taxes have now insisted on voting themselves the whole dang treasury and bankruptcy looms.  God help the Nation.

A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.

The average age of the worlds greatest civilizations from the beginning of history, has been about 200 years. During those 200 years, these nations always progressed through the following sequence:

From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage. 

OK, Now Get The Hell Out Of D.C. Before Any Of You Jackasses Do Any More Damage !!

Go BACK TO CUBA or VENEZUELA you communist scum.

Poor Teabaggers, you weren’t able to force more wealth to the top on this one.  Your masters won’t be pleased.

Go back to CUBA or NORTH KOREA and starve while scratching the soil for bugs to eat.  You apparently love a communist system so much why don’t you go to where it is so “great”?

Mediaite: You’ve kept KT along for far too long. He’s now talking about masters. Time to give him the boot.

Since that is ‘ususally’ the case, give us a list of the countries that went through the said process.

What The Hell Does That Even Mean ??

The low IQ Conservatives/Tea Baggers/Republicans are quite saddened that Boehner has compromised and extended a tax-cut. A tax-cut that actually helps most of these low IQ Conservatives/Tea Baggers/Republicans but because Obama was for it they were against it.

If the low IQ Conservatives/Tea Baggers/Republicans stop voting against their own self-interest, this country can become a better place.

I bet you $10,000 you don’t work.

Mitt, is that you?

That’s just incoherent. 50% of working age Americans who have not yet retired or withdrawn from the work force are NOT unemployed – unemployment on that measure was most recently determined to be a 8.6%, about one sixth of the rate you’re suggesting. Payroll taxes apply to employment income between $18,000 and $110,000, a category that contains approximately 160 million Americans. Payroll taxes are called “taxes” for a reason: because they are “taxes”. You seem to think those don’t count as taxes, and only income & capital gains taxes count as “taxes” – at least that’s what it looks like. 

yippie . $22.00 per pay is saved. I hope they included the pipeline. Now we can drill baby drill…

You lose.  I am 59 and have been working since I graduated from college in 1975.  In all that time I have been out of work for – ONE WEEK.

Judging from that picture, Boehner is taking a big dump in his panties. Must suck to be controlled by a bunch of Baggers that don’t have the country’s best interests at heart.  The once mighty GOP is nothing but a shell of it’s former self thanks to the hillbilly baggers.

Like they care what you think.  Keep talking KT!  The Baggers hate the truth.

As it is my duty to keep the uninformed informed on the news of the day. Senate caves into the house demand to reconcile the two bills. A new bill is passed as they say with ” wonky” language  that  cleans up the Senate bill so as it is workable. The  ”wonky” language ensures that business will not be facing and uncertain future and a massive overhaul of the reporting system that  could not be done in two months. This also guarantees that the households of America can set their budget for  the year. This is the first time, I have ever heard the term “wonky” language. 

Is this a victory for the American people? We have to see what comes out of the conference. The democratic controlled Senate demanded that Social Security be underfunded for the coming year. A temporary reprieve may not be worth the cost to our retirees. Social Security must be preserved and changed to make certain that is will be there for the x-generation. 

” the plan is for the House to originate a new payroll tax bill. The House ostensibly would agree to this new bill by “unanimous consent,” meaning House Republican leadership would have pre-cleared this with all members. Failing to get unanimous consent would mean Boehner would have to call back lawmakers for a regular vote. 
The tradeoff from Democrats in the Senate is that Majority Leader Harry Reid would appoint conferees so they could have a genuine conference committee between the House and Senate to negotiate differences.The Republicans’ provision calling for approval of the controversial Keystone pipeline project would remain in the bill.In addition, the pact would have what was described to Fox News as some “wonky provisions” to help accountants and others who run payrolls get more certainty on the tax code.The Senate would have to approve the House bill by unanimous consent, as well. Then, the conference committee would meet in early January to work on deal to extend the payroll tax cut for a full year.This would not be a problem if Congress would do what liberals and conservative want. Dump the tax code and start over. The massive tax code as the OWS has stated is a pay off to special interest groups on both side of the aisle. 

So where is that Social Security money going to come from that we just lost? Do tell.

Key Stone was included from my understanding.

You can not read. The Senate caved and wonky language was included in the comprise so as the House version will be passed. The senate now will set down and reconcile the two bills. The temporary agreement was needed because the Senate sent garbage to the house that was not doable. There are no winners. Social Security will be underfunded by both bills. The x-generation loses. This is tragic. 

What a coincidence. I was only out of work (as King of America) for one week after I met a man who looked identical to me. He handled the crown while I lived the life of a commoner.

Payroll taxes are retirement dollars.  Income taxes pay the bills of the nation and right now 50% of America is not helping to pay the bills of the nation and are on the receiving end of its benefits.  Shame on them.

Masters are poop heads.

Your IQ level is on display. The labeling of people and calling of names is a weak mind that can not defend his ideas. Do I think all liberals are weak minded, low IQ, I would have to answer no to that question, but by their “Posts ye shall know them.”

Everyone wanted a tax cut. The question was how to clean up a non workable piece of garbage from the Senate. The wonky language that sources say in the new bill will allow for the tax cur and a conference to reconcile the two bills. The x generation loss because both version of the bills are under funding Social Security for a year. 

If you spend more time thinking about what the article said and less time calling names you would be a better informed citizen. I would certainty like to know your ideas on a wide range of subjects.

It is paid out of general funds.  I don’t have specifics, because it’s been a set of musical chairs.  There was talk of a freeze on government pay freezes, restructuring unemployment insurance, etc.  Lots of moving pieces and hard to keep track of where the cuts from general funds are going to be made.

It had to happen, because they failed to include the “doc fix” in the general omnibus bill that passed last week.  If you think there would be hell to pay over the measly payroll tax cut, you don’t want to think about the consequences of a 27% pay cut to Medicare doctors.   

As it is my duty to keep the uninformed informed on the news of the day. Senate caves into the house demand to reconcile the two bills. A new bill is passed as they say with ” wonky” language  that  cleans up the Senate bill so as it is workable. The  ”wonky” language ensures that business will not be facing and uncertain future and a massive overhaul of the reporting system that  could not be done in two months. This also guarantees that the households of America can set their budget for  the year. This is the first time, I have ever heard the term “wonky” language. 

Is this a victory for the American people? We have to see what comes out of the conference. The democratic controlled Senate demanded that Social Security be underfunded for the coming year. A temporary reprieve may not be worth the cost to our retirees. Social Security must be preserved and changed to make certain that is will be there for the x-generation. 

” the plan is for the House to originate a new payroll tax bill. The House ostensibly would agree to this new bill by “unanimous consent,” meaning House Republican leadership would have pre-cleared this with all members. Failing to get unanimous consent would mean Boehner would have to call back lawmakers for a regular vote. 
The tradeoff from Democrats in the Senate is that Majority Leader Harry Reid would appoint conferees so they could have a genuine conference committee between the House and Senate to negotiate differences.The Republicans’ provision calling for approval of the controversial Keystone pipeline project would remain in the bill.In addition, the pact would have what was described to Fox News as some “wonky provisions” to help accountants and others who run payrolls get more certainty on the tax code.The Senate would have to approve the House bill by unanimous consent, as well. Then, the conference committee would meet in early January to work on deal to extend the payroll tax cut for a full year.This would not be a problem if Congress would do what liberals and conservative want. Dump the tax code and start over. The massive tax code as the OWS has stated is a pay off to special interest groups on both side of the aisle.

As it is my duty to keep the uninformed informed on the news of the day. Senate caves into the house demand to reconcile the two bills. A new bill is passed as they say with ” wonky” language  that  cleans up the Senate bill so as it is workable. The  ”wonky” language ensures that business will not be facing and uncertain future and a massive overhaul of the reporting system that  could not be done in two months. This also guarantees that the households of America can set their budget for  the year. This is the first time, I have ever heard the term “wonky” language. 

Is this a victory for the American people? We have to see what comes out of the conference. The democratic controlled Senate demanded that Social Security be underfunded for the coming year. A temporary reprieve may not be worth the cost to our retirees. Social Security must be preserved and changed to make certain that is will be there for the x-generation. 

” the plan is for the House to originate a new payroll tax bill. The House ostensibly would agree to this new bill by “unanimous consent,” meaning House Republican leadership would have pre-cleared this with all members. Failing to get unanimous consent would mean Boehner would have to call back lawmakers for a regular vote. 
The tradeoff from Democrats in the Senate is that Majority Leader Harry Reid would appoint conferees so they could have a genuine conference committee between the House and Senate to negotiate differences.The Republicans’ provision calling for approval of the controversial Keystone pipeline project would remain in the bill.In addition, the pact would have what was described to Fox News as some “wonky provisions” to help accountants and others who run payrolls get more certainty on the tax code.The Senate would have to approve the House bill by unanimous consent, as well. Then, the conference committee would meet in early January to work on deal to extend the payroll tax cut for a full year.This would not be a problem if Congress would do what liberals and conservative want. Dump the tax code and start over. The massive tax code as the OWS has stated is a pay off to special interest groups on both side of the aisle.

It’s the first time you’ve heard the term “wonky”?  I’d like to see the specifics on the Senate bill, but the House bill did have pay-fors built into the year-long provision out of the general funds.

I work in the health care industry. I understand that component, but either way, you are taking $100+ BILLION out of SS.

Sometimes you’re entertaining. :)

U never know for sure but they are grading the path

In other words, the debt just went up another $120billion

You do yourself justice. Your IQ is on display for all to sea. Name calling is a weak mind that can not express itself. 

There are two intellectually-honest debate tactics:1. revealing errors or omissions in your opponent’s facts
2. revealing errors or omissions in your opponent’s logicHere is a list of the intellectually-dishonest debate tactics I have identified thus far. I would appreciate any help from readers to expand the list or to better define each tactic.  Name calling: debater tries to diminish the argument of his opponent by calling the opponent a name that is subjective and unattractive; for example, cult members and bad real estate gurus typically warn the targets of their frauds that “dream stealers” will try to tell them the cult or guru is giving them bad advice; name calling is only intellectually dishonest when the name in question is ill defined or is so subjective that it tells the listener more about the speaker than the person being spoken about; there is nothing wrong with using a name that is relevant and objectively defined; the most common example of name calling against me is “negative;” in coaching, the critics of coaches are often college professors and the word “professor” is used as a name-calling tactic by the coaches who are the targets of the criticism in question; as a coach, I have been criticized as being “too intense,” a common put-down of successful youth and high school coaches. People who criticize their former employer are dishonestly dismissed as “disgruntled” or “bitter.” These are all efforts to distract the audience by changing the subject because the speaker cannot refute the facts or logic of the opponent.  (John T. Reed)

You know…this country is economically doomed and we will never see anything like the last 30 years, ever.  There is no turning around this sinking ship with these self-serving politicians.

These f*cking idiots just don’t get it.  I have sympathy for the newest generation.

But son, those making more STILL get more back than those who make less and wait until the Bush tax cuts expire- the 10% tax rate will go back to 15%- that’s a 50% increase!

Thanks for helping out those at the bottom of the scale!

“Your IQ is on display for all to sea”

Just can’t make this stuff up.

Yes, America is safe because people will have $20 more a week.

Think how close to the abyss we came.

John Boehner and the baggers folded up like a cheap KMART lawn chair .

The FRENCH have more backbone  than the GOP

I think you have  made two comments without calling someone a racist. Did ya already fill your quota for the day, son?

Thats PERFECT.

: )

Happy Holidays.

son, you need to learn a trade so we will know what kind of work you are out of.

says the guy who was born without a spine.

There is a black family in the White House. You need to come to terms with that fact. Times are moving on. Seek help, racist misfit. There. Happy now? :)

I thought tax cuts paid for themselves. Is the conservatard Obama Derangement Syndrome so bad that you can’t even keep your bullshit straight anymore?

well, Pelosi’s wealth rose over 62% in 2010 – is she one of the Masters?

House Minority Leader Nancy Pelosi saw her wealth rise considerably last year, from just more than $20million to a huge $35.2million.

Establishing Pelosi’s place as one of the wealthiest lawmakers in the country, the
sudden 62 per cent rise was revealed in the annual release of forms detailing the assets and liabilities of congressmen today.

Bugs can be delicious!

Tell me what their self- interests are, son.

Perhaps he meant to write ‘…All at sea!’

LOL

You haven’t met your quota!

I knew it- you just can’t get past Obama’s race, can ya son?

Um – I’m pretty sure the Obama re-election campaign is going to address letting the Bush tax cuts expire BUT replacing them with tax cuts for the ‘middle class’ – though I have no doubt the top number at which ‘middle class’ begins is going to seem a bit more over the top of middle than a lot of middle classers think.

And then in 2013, and for the rest of time, people will be talking about the Obama Tax Cuts. Should be fun for everyone!

No.  It’s intragovernmental debt.  It will be moved from SSI fund to the general debt.  Last year they just passed it and said, Screw it.  This year they decided on a pay-for and that totally farked everything up.  It’s unbelievably bad policy, even short-term, which have nothing to do with the SSI funding.

But son, we have already heard from you libs that tax cuts do not lead to job growth.

I actually thing they ARE the French. Ask Mittens if he can parlez with vous in the francaise thing.

Oh woe is all of us, the sky is falling!

Foghorn Leghorn,Yosemite Sam and you call everybody son .
I knew you were Looney Tunes!

Agreed. It’s funny how they’re really mad about this now. They can’t even understand they should actually agree with Obama. But who cares? “Obama is for it = we must be against it.”

Retards.

Obama completely destroyed House GOP. Good job mr. president.

GOP loses = America wins.

okay nonsmart one. let’s correct your Fox News/Talk Radio talking point which erroneously states that 50% of Americans pay NO TAXES. FALSE, FALSE, FALSE.

It is TRUE that half don’t pay INCOME TAXES–because they don’t earn enough too like we did in the 50s, 60s, 70s and into the 80s. Then we had, the wonderful 30-year long conservative revolution –which we’re coming to the end of thank god and bye-bye middle class.

But we 99 percenters, have a ridiculous tax burden it’s just NOT INCOME TAX.

Now unless you can disprove this FACT. I fully expect and anticipate a correction.

Obama just kicked the crying, orange drunk’s behind.

More money in their paychecks, daughter.

Pay up Bubba – offer accepted and bet proven.

If it was the original idea it only moves it to an agency that admitted they have no experience or knowledge of the pipeline, which means that in 60 days it dies on the vine and everyone forgets it by election time.  Again, the bigger question was the rollbacks on utilities, which may or may not have survived.

Congratulations to all for this very peculiar piece of bipartisan agreement…

‘…Sometimes it’s hard to do the right thing!’ John Boehner

The only surprise is that…

…nobody cried.

This is but a band-aid treatment pushing the
TEA-GOP-Republicans back onto their heels. These TEA-GOP-Republicans will want
to retaliate forcefully and will take a greater hostage in 2012 in an effort to
further stymie the president. This is the same gaggle pushing back on the
regulations and laws passed by the previous Congress, while protecting the super
elite 1%-ers. The FOX-hole reporting this capitulation in the best of reporting,
with the possibility of Boehner losing his Speakership resulting from this
capitulation.

This mystifies me, too.  I guess republiklans only believe that tax cuts for millionaires pay for themselves.  Or maybe they just forgot the one central lie of their economic policy because of their single-minded hatred of Obama.

so you are saying Obama will further increase the debt.

Got it!

Now you know how we feel when we are talking to conservatives.

It means his prescription just kicked in!

No, son, not this petty issue, list the things that are in the GOPs best interests.

Boehner couldn’t transform into Bill Bixby when he’s angry.  

We have to see what comes from the conference.

________________________________
From: Disqus
To: without_hate@yahoo.com
Sent: Friday, December 23, 2011 7:47 AM
Subject: [mediaite] Re: Speaker Boehner Announces Deal To Extend Payroll Taxcut

Disqus generic email template

Oeno wrote, in response to without_hate:
It’s the first time you’ve heard the term “wonky”?  I’d like to see the specifics on the Senate bill, but the House bill did have pay-fors built into the year-long provision out of the general funds. Link to comment

Why would he want to?

Bixby has been dead for years!

Man, you really screwed that one up, son.

LMAO

Dad (or is it Grampa?) you need to get some facts straight. Bill Clinton raised taxes, and created 21 million jobs. George Bush the Lesser cut taxes and created about 2 million jobs. Deal with that.

Yes.  I picked out a random actor from the 1970′s for no good reason.  

Devout Onanists like you are why the ancients had to ask the question about the sound of one hand clapping.

All Americans pay taxes.  

The two months are covered and this is what the House GOP didn’t want to have happen in the first place during an election year.

You may have noticed that the GOP Senators that have been the most vituperative about intransigence are up for election next year, right?

This may put in jeopardy taking back the Senate and the House GOP majority is a scant twenty-some seats.

But then again, who believes a socialist newspaper like the “Wall Street Journal”?

“Son?”
Is that a racist remark?

You won’t see a list.  This is all about platitudes, attitudes, and slogasneering.

The GOP’s interests very rarely coincide with the interests of the people who vote for GOP candidates. 

Well Charles, it would only take a few minutes to take apart your specious reasoning, but you have to answer to your “200 year” crap first.

That was amazingly stupid at the time and it hasn’t aged well.

You could have done a sort of Spengler argument (completely fascinating, but wrong), but that is probably above your pay-grade.

So you are saying that tax cuts increase debt.

Got it!

Translation of Oeno”s comment” Yes, I made a complete clown out on myself with that post and do I feel foolish.”

BTW, as a lib Castrati,  you no doubt can’t  practice your favorite past time of  onanism  but call 12 voltman or KotexSailor- I’m sure they can lend ya a “hand.”

LOL

I don’t think that is fair to Charles.  He may be wrong about a great many things, but that does not mean he is stupid by any means.

Have you ever tried to read through any legislation and its budgetary effects?  It ain’t easy.  It seems much easier to quote a headline from a newspaper or online outlet and not do the leg-work. 

You yourself are a spineless little worm deserving nothing but the profoundest contempt.

Along with the democrats we will flush the system of the establishment. The main point was to get a tax cut and to clean up a bill that was not workable. The Senate agreed to pass the house new version and to meet in conference and clean up the bill so it is workable. The “wonky” language make it a working bill. The senate bill is not being passed it is a new version of the house bill.

________________________________
From: Disqus
To: without_hate@yahoo.com
Sent: Friday, December 23, 2011 8:52 AM
Subject: [mediaite] Re: Speaker Boehner Announces Deal To Extend Payroll Taxcut

Disqus generic email template

Oeno wrote, in response to without_hate:
The two months are covered and this is what the House GOP didn’t want to have happen in the first place during an election year.
You may have noticed that the GOP Senators that have been the most vituperative about intransigence are up for election next year, right?
This may put in jeopardy taking back the Senate and the House GOP majority is a scant twenty-some seats.
But then again, who believes a socialist newspaper like the “Wall Street Journal”? Link to comment

General Funds….  you know that’s the money the Fed Prints as China is no longer interested in our debt..

Another Obama Victory!!

If Lib/Progs would stop voting for their own self-interest we would become a better country !!

A vote for your OWN SELF-INTEREST is an unpatriotic, selfish, me-1st vote !!

I Vote Country First !!

OBAMAGASM !!!!   Wow, How Embarrasing !!!

Wow !! Another ObamaGasm !!

Bazinga! (sic)?  Really?  

Do you ever have anything to say that even stacks up to the tall enough to ride portion of wit?

BTW, LOL, OMG.  These are not terms that adults use in common conversation.

Then again, you operate in the world of a badly written “Batman” of the Adam West era.  

House Speaker John Boehner announced Thursday that HE HAS CAVED UTTERLY, TOTALLY AND COMPLETELY TO Senate Democratic leader Harry Reid to extend the payroll tax cut.
FIXED YOUR TEXT

That was the biggest Boehner choke seen outside Clarence Thomas’s porno collection.

Sorry Roma, but you are falling into the fallacy that somehow tax policy actually is important.

I see this all the time when people bring up tax rates under Eisenhower.

Everything being equal, which it isn’t, this sort of thinking would make sense.

I have had a long standing argument with a libertarian leaning friend about Keynes.

Keynes did work under the Bretton Woods accords and it collapsed about the time of the first Arab oil shocks.

Economics is still the “dismal science”, as Carlyle famously dubbed it.

The only difference is that the people that believe in Marxist philosophy about economics are on the right now.

Well Stutterin Jack, I’m sure you could give the amount of actual debt owned by the Chinese, right?

Just dumb.  This has been discredited for some time, but you want to just trot out the lame pony one more time.

Do not say they. Say the Democrats. Last year, the Democrats passed this and decided to push the doctor fix off. That is called Obamacare. They didn’t include this because it wouldn’t fit the financial meme. Rs were saying that on Day One.

I know you are a more fair poster on this site, but a tax cut is lost money no matter how you see it. And I’m an R saying that. However, we’re in THAT much debt.

If you’re going to have a reasonable tax break, then make it permanent. Simple.

That is a weak statement and you know it…  yes we all pay a sales tax, big freakin deal, some of us even pay property taxes…. and of course we all pay taxes on our internet and phone bills…  Hardly the same as paying federal income taxes and in most cases hardly commensurate with the monies that the State, Local, and Federal governments spend on our behalf.  So please give it a rest.

Too funny of a sentence.

The issue is making Obama a One-Term President. Period.

I can’t wait for the Supreme Court decision. Then I may not care if O’s the President. I’d rather people build up their hate for the D Party.

They did?  When did the Senate agree to pass some new version?  You do understand how the legislative process works, right?

For the year long process they can hash it out, but the House GOP got owned.

Do tell how they are going to make up the shortage of 500 million a year when health care kicks in.
They’ll ask for money to bypass the cuts and then it will become a new entitlement because it will never be paid for.
It’s smoke and mirrors when it comes to anything these people say they’re going to do.
OUR CHILDREN WILL BE FCKED

Yet you continue to respond to him.

Too funny.

The only abyss is between your ears..

Hey Bagger – you are what everyone’s talking about.  But you’re too stupid to see it.

What are you trying to say? You make these statements but offer nothing to support them you throw them out there as if trying to make a big splash in a little pond The fact is that foreign purchases of our federal debt is declining and China is investing in other resources as they no longer consider US Treasuries to be in their best interest…. As the foreign purchase of US treasuries decline Fed activities in supporting the new issuance of debt has increased, and yes, without looking it up to get an exact number the Chinese hold something like 1.2 Trillion in US debt.

http://www.ritholtz.com/blog/2011/08/who-is-buying-u-s-treasuries/

Does anyone ever have a RomneyGasm?
Or is that not posible?

What are you talking about? KT has his view, and he is generally on-topic. He brings up issues that deserve to be discussed. If you don’t think he makes any points worth engaging, then do what I do with the plethora of right-wing trolls on this site: scroll down to the next thread.

I’m frankly not surprised to hear anything coming out of your mouth, but calling for censorship of someone who is arguably contributing to the discussion is beneath any of us.

And how did we pay the nation’s “bills” before the income tax which you tea baggers have always hated. And it’s alway’s been progressive—the more you make the more you pay.

I don’t think they were against the payroll tax cut extension because Obama was for it. Sometimes they are that daft, both the Tea PartieS and the Republicans, but in this case the analysis is ore straightforward. The GOP knew Obama wanted something, and they were willing to risk damage to their own interests in order to get more of what they wanted. It had worked before. It was pure greed on their part This time the Democrats called their weak bluff.

I hope this sets the tone for future negotiations with the GOP. They’ve been clearly shown to negotiate in bad faith for all to see, and they had to swallow and accept the reasoned proposals of their adversaries. This failure will haunt them from now till the elections, “The Republicans are doing it again. They’re willing to hurt the entire nation in order to get more of their narrow self-interest just like they did with the payroll tax . . .”

Yes my dear, he is kind of funny.

How many kids do you have?

Two daughters. One is a Pharmacist the other in college becoming an Orthodondist. Why?

Democrats have Nancy Pelosi as the resident bitch and Republicants have Boehner.  Booyah!

I applaud you for this headline; your restraint is commendable.

a tax cut that is equal to a daily Newspaper and Coffee …WOW

Btw: Sorry to hear about the death of your father. I’m sure Kim ill Dung Smell will do a great job for your people. :OP

BOEHNER ANNOUNCES THAT OBAMA THOROUGHLY KICK HIS BACKSIDE INTO THE NEXT YEAR.

Congrats democrats and Mr.President for showing us a job well done.

General funds refer to the general operating funds of the federal government, as opposed to let’s say the Social Security Trust Fund which until last year was totally funded by our payroll taxes. The taxes not collected by Social Security will be reimbursed to the fund by making a transfer from the general fund.  Basically just a bunch of jibberish coming out of DC as the SS fund will be overdrawn by a larger amount of money anyway and the so called securities that the 2.5 trillion that should be in the fund does not really exist, so there is little difference in payroll taxes and other “general revenues” as what is not spent by the program is returned to the general fund and worthless securities (non marketable) are issued back to the fund. It amounts to little more than an interest bearing accounting gimmick.
This is probably a non issue moving forward as it is questionable whether the fund will ever get back into the black.  

The Senate version of the extension of the payroll taxes currently is to be funded by increased premiums on mortgages taken backed by the GSE’s Fanny Mae and Freddy Mac.  

My comment below although as snarky as it may be is in reference to the fact that beyond SSI Defense, and Medicare and Medicad all operations of the Federal Government are financed not through taxes but through newly created Federal debt and without Fed activity, be it discount rates or special deals to entice large banks to purchase newly issued Federal debt or Quantitative Easing or maybe the next sham the Fed pulls out of it’s magic bag…  the Federal government would not be able to sell it’s current issuances without substantially raising the interest rates it pays on the countries debt.  
http://democrats.senate.gov/2011/12/17/summary-of-the-two-month-payroll-tax-cut-extension/ 

We had no income tax until 1913 before that the Federal government was much as it was envisioned in the constitution, small and frugal, it was mostly financed through tariffs and duties. 

A new bill will be drafted in the house and will be approved by unanimous consent and sent to the senate where it to will also be approved by unanimous consent. This okays the tax deal with a provision to go to conference.

________________________________
From: Disqus
To: without_hate@yahoo.com
Sent: Friday, December 23, 2011 9:49 AM
Subject: [mediaite] Re: Speaker Boehner Announces Deal To Extend Payroll Taxcut

Disqus generic email template

Oeno wrote, in response to without_hate:
They did?  When did the Senate agree to pass some new version?  You do understand how the legislative process works, right?
For the year long process they can hash it out, but the House GOP got owned. Link to comment

As it is Christmas I am going to be kind to two liberals a day. You are the lucky one today. Even after your insults, I will endeavor to try to teach you to read before you post. Here is the story form my favorite liberal site.
“Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1 while ensuring that a complex new reporting burden is not unintentionally imposed on small business job creators,” Bohener said in a statement of the agreement made with Reid. “Under the terms of our agreement, a new bill will be approved by the House that reflects the bipartisan agreement in the Senate along with new language that allows job creators to process and withhold payroll taxation under the same accounting structure that is currently in place. The Senate will join the House in immediately appointing conferees, with instructions to reach agreement in the weeks ahead on a full-year payroll tax extension. We will ask the House and Senate to approve this agreement by unanimous consent before Christmas. I thank our Members – particularly those who have remained here in the Capitol with the holidays approaching – for their efforts to enact a full-year extension of the payroll tax cut for working families.”

I will highlight the important words, Reach and Agreement, A new bill will be introduced by the house. We will ask the House and the Senate to approve the bill by unanimous consent.  This should warrant and apology from you.

________________________________
From: Disqus
To: without_hate@yahoo.com
Sent: Friday, December 23, 2011 9:49 AM
Subject: [mediaite] Re: Speaker Boehner Announces Deal To Extend Payroll Taxcut

Disqus generic email template

Oeno wrote, in response to without_hate:
They did?  When did the Senate agree to pass some new version?  You do understand how the legislative process works, right?
For the year long process they can hash it out, but the House GOP got owned. Link to comment

First off revenues must be increased to the treasury and the budgets must be seriously cut if we are ever going to get rid of federal deficits but why would you want to extend the current system that has been bought and paid for but the so called 1%..  Why don’t you advocate for the complete overhaul of the taxing system…  Secondly it is not the so called conservative revolution that has caused our economic woes as you claim but several factors which are bipartisan in nature from the failed programs to put more Americans in homes to the collusion between the government and the banking industry, to the Fed’s facilitating our national debt, to the destruction of our educational system by liberal ideology and theory…  Not to mention global trade and workers in other countries willing to work harder for a fraction of the pay that Americans are willing to.  

If you really want solutions for a better tomorrow then you really should address the countries issues honestly instead of through a political prism.  By the way even if we went back to the Clinton taxes we would still be running deficits of close to $1 trillion each year based on current spending and those tax rates would include a substantial tax increase not only for the 1% but for the middle class as well..  I know that it is probably to much to ask that you do your share….  and that attitude will be the death knell of this country, the expectation that it is someone else’s responsibility to do what is right…  ”They got mine and now it is time for them to give it back”  I really don’t care how poor you feel you are you live better than 95% of the worlds population, and the simple fact is that they want what you have and are willing to work and study their asses off to get it…  so you can blame whoever you want for your malaise but that won’t get you jack….  

Boehner got Teabagged.

Once again you don’t provide your source.  I wonder why…

http://www.dailymail.co.uk/news/article-2003954/Nancy-Pelosis-wealth-grows-62–lawmakers-annual-form-release-reveals.html

“Much of the Pelosi family wealth is held
by her husband, Paul, including commercial property in San Francisco
valued at $5 million to $25 million. He’s also a limited partner in
residential real estate in Sacramento, valued at $5 million to $25
million, and he is a limited partner in Sacramento Mountain Lions, a
team in the United Football League, which is valued at $5 million to $25
million.”

“New House Speaker John Boehner also
remained a multi-millionaire, with his wealth jumping from $1.8million
in 2009 to $2.1million in 2010, and his deputy Eric Cantor reported even
higher earnings.”

John Boehner…Dead man walking!
With friends like Eric Canter and the Tea Party who needs enemies.

I guess it’s possible. But conservatives are not known for gushing and having thrills run up their legs over a politician. Some do, but it’s mostly a Lib/Prog thing.

Shes out to lunch.

Like the new added description in your name.

Even a complete moron can figure out the reference.

just because they dont pay an income tax doesn’t mean they don’t pay any taxes.  ever heard of a sales tax????? 

So much for the $40 bucks…how about 4 million? http://www.dailymail.co.uk/news/article-2077625/Michelle-Obama-insisted-4m-getaway-Hawaii-husband-wanted-local-holiday.html

Way to go, the dems and GOP tag team to defund SS & Medicare.  This will force the elderly now on SS and Medicare to go onto means tested welfare program with a flate rate benefit no matter how much was paid in by an individual.  Those on Medicare will go into Obamacare, which is let’em die Medicaid on steroids.

Dems kick the can again and do not pass a budget which is their fricken constitutional obligation… and the republicans get made out like the bad guys…  Man the media is good they just love this president so much they will not report the truth that all the bs spouting out of the presidents mouth was false…..  2 months will not get anyone $1K over a year……..  for the year hasnt been approved

Merry Christmas LEEDOG!

Merry Christmas friend!! =)