{"id":5201,"date":"2011-06-25T04:27:01","date_gmt":"2011-06-25T11:27:01","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=5201"},"modified":"2011-06-25T04:27:44","modified_gmt":"2011-06-25T11:27:44","slug":"why-republicans-bailed-on-debt-talks","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/06\/25\/why-republicans-bailed-on-debt-talks\/","title":{"rendered":"Why Republicans Bailed on Debt Talks"},"content":{"rendered":"

Yesterday I wrote about how Republicans abandoned the debt talks<\/a>, when it has seemed they were making progress.\u00a0 Since then Democrats in the meeting have spoken out explained, just what was on the table\u00a0 that got Cantor\u2019s and Kyl\u2019s panties in such a big bunch that they feared to even discuss it.\u00a0 The reasons won\u2019t surprise you.\u00a0 The pettiness may.<\/span><\/p>\n

\n

\"GOPcrybaby\"Not even a surprise anymore… this is what caused Eric Cantor to bolt from the debt-ceiling negotiations entirely, rather than have to listen to such scary stories<\/a> <\/span>: <\/span><\/p>\n

Democrats want to close tax loopholes that benefit oil companies<\/strong>, and eliminate a tax preference that gives corporate aircraft a friendlier depreciation schedule than commercial aircraft<\/strong>. Additionally, Van Hollen said, Democrats were proposing to phase out tax deductions and certain credits for people making more than $500,000 a year<\/strong>. These would be paired with a reduction in the tax burden on lower earners<\/strong>, by eliminating existing limitations on their deductions. <\/span><\/p>\n

“Folks with over $500,000, we’re going to phase out your deductions and some of your tax credit,” Van Hollen said. […]<\/span><\/p>\n

So brave, brave Eric Cantor left in a huff. Hey, we’re in a time of national crisis and everything, but reduce tax breaks for the rich, making them share the burden ever-so-slightly? Oh, we can’t have that<\/em><\/span><\/strong>… [emphasis added<\/em>]<\/span><\/p>\n<\/blockquote>\n

Inserted from <Daily Kos<\/a>><\/p>\n

There it is.\u00a0 God forbid that the Koch brothers should have to depreciate their fleet of jets on the same schedule as commercial airliners, that are much more heavily used.<\/span><\/p>\n

Rachel Maddow covers the story and relates it to Republican priorities.<\/span><\/p>\n

<\/embed><\/object><\/span><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

Here\u2019s the bottom line.\u00a0 Just as Rachel said it\u2019s Robin Hood in reverse.\u00a0\u00a0 Republicans are taking from YOU to give to the rich.\u00a0 They would through the whole nation under the bus to take more from you and give more to the rich.\u00a0 Are you going to help kick their foul seditious butts onto unemployment?<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday I wrote about how Republicans abandoned the debt talks, when it has seemed they were making progress.\u00a0 Since then Democrats in the meeting have spoken out explained, just what was on the table\u00a0 that got Cantor\u2019s and Kyl\u2019s panties in such a big bunch that they feared to even discuss it.\u00a0 The reasons won\u2019t […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5201","post","type-post","status-publish","format-standard","hentry","category-personal","category-3-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=5201"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5201\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=5201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=5201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=5201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}