Drudge Retort: The Other Side of the News
Friday, May 16, 2014

Senate Republicans filibustered an $85 billion tax cut package after Democrats refused to allow votes on their amendments. Cloture on the tax cut measure failed 53 to 40. It needed 60 votes to advance. Illinois Senator Mark Kirk was the only Republican to vote yes. Sens. Ron Wyden (D-Ore.) and Orrin Hatch (R-Utah) worked out a bipartisan compromise on a series of tax breaks. Both sides had to accept concessions in order to reach the bipartisan deal, but the agreement came together. Senate Republicans are now saying the bipartisan compromise isn't quite good enough without some amendments. For Democrats, this is effectively breaking a deal – if members of both parties already negotiated an agreement, the majority doesn't see a reason to move the agreement to the right.

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tonyroma

 

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Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

At this point, you might be thinking, "But since Democrats are in the majority, maybe they should just allow the amendments, defeat them, and allow the bill to move on." And in practice, that's pretty much what Harry Reid concluded, too, telling Republicans that he would allow votes on amendments so long as they related to the legislation itself.

Yesterday, GOP leaders said that wasn't good enough. They want to use unrelated amendments as campaign tools and are infuriated when the majority won't play along.

And so for the second time this week, Republicans killed a bipartisan agreement that they actually liked.

This is just another example of the same dynamic playing out as it did with the energy-savings bill. The GOP negotiates and the Dems agree and work out compromise legislation. Then when the bill hits the floor, the GOP tries to further change the bill to their favored policies and the Dems rightfully say no. Then the GOP refuses to allow debate and a final vote on legislation they already amended and agreed to.

Sometimes there's no equivalence between the parties because there is no equivalence in their partisan actions and motivations. And btw, the bill is a bipartisan abomination in that the GOP is supporting it's passage without any corresponding spending cuts to pay for it's $85 billion price tag.

The Senate this week advanced an $85 billion bundle of breaks known as "extenders," so named because they supposedly expire every two years. In reality, these breaks have become an all-but-permanent part of the tax code, costing the Treasury billions of dollars a year in lost revenue. Though the House has introduced rival legislation, some version of the Senate bill is likely to win final passage.

The tax breaks advanced without any corresponding spending cuts elsewhere in the budget, despite previous demands by Republicans that any new legislation must not increase the federal deficit. They passed even as Republicans, often preaching fiscal responsibility, have forced cuts to food stamps and refused to extend long-term unemployment benefits, measures that would cost much less than the buffet table of giveaways contemplated under the bill.

Included in the $85 billion proposal is an expensive break used primarily by large multinational companies with lending arms, such as General Electric and Morgan Stanley, to avoid paying U.S. taxes on interest income earned abroad. Extending this "active financing" exemption for two years will cost $10.3 billion, according to the Joint Committee on Taxation. Another extender, the "CFC look-through," which lets companies defer paying taxes on royalty income, will cost $2.4 billion in lost revenue.

The bill also includes a bizarre collection of breaks that benefit a few wealthy interests, including millions of dollars in savings for builders of Nascar speedways and owners of race horses. www.huffingtonpost.com

#1 | Posted by tonyroma at 2014-05-16 02:42 PM | Reply | Flag: | Newsworthy 1

They wanted to pork it up. When denied that chance they killed it.

The bill also includes a bizarre collection of breaks that benefit a few wealthy interests, including millions of dollars in savings for builders of Nascar speedways and owners of race horses.

Just remember they are for the common man.

#2 | Posted by 726 at 2014-05-16 03:22 PM | Reply | Flag: | Funny: 1

"Both sides are the same."

Repeat fifty times every morning.
Think it.
Believe it.

This message brought to you by phony baloney Independents who always vote for the person not the party and accomplish absolutely nothing.

#3 | Posted by danni at 2014-05-16 03:37 PM | Reply | Flag:

This message brought to you by phony baloney Independents who always vote for the person not the party and accomplish absolutely nothing.

Unlike you hyperpartisan folks who ALWAYS vote for the party, not the person, and do accomplish something: Keeping us in the same S****y status quo that is bringing this country down.

Thanks, danni.

#4 | Posted by goatman at 2014-05-16 03:39 PM | Reply | Flag:

"Unlike you hyperpartisan folks who ALWAYS vote for the party, not the person, and do accomplish something: Keeping us in the same S****y status quo that is bringing this country down."

Baloney. We passed healthcare reform, we cut the deficit in half and saved the economy Bush and the conservatives wrecked and all of it without any significant help from the other party and actually with them fighting us on it every step of the way.

#5 | Posted by danni at 2014-05-16 03:47 PM | Reply | Flag:

"Unlike you hyperpartisan folks who ALWAYS vote for the party, not the person, and do accomplish something: Keeping us in the same S****y status quo that is bringing this country down."

exactly. Oh, the cheerleaders will pretend they have some sort of ownership of what they think are the accomplishments of the party they have shackled themselves to, willingly.

but they don't. they just vote party line. no brains required.

Come to think of it, it doesn't take brains, a heart, or even a soul....nothing really. just a willingness to show up on election day.

#6 | Posted by eberly at 2014-05-16 03:59 PM | Reply | Flag: | Newsworthy 1

We passed healthcare reform...

You also saddled us with now 17 trillion dollars in debt. I realize you have not even an inkling what that means, but if you did you might view things a little differently.

...Bush...

*yawn*

But you are right. We who vote for the person and not the party aren't accomplishing much. We don't have the numbers yet. But at least we actually think about who we are voting for rather than blindly pulling a lever labeled 'D' or 'R'. We examine the candidates. We petition them to do something to make the country better. We are actually TRYING to change things, unlike you mind controlled hyperpartisan folks who don't have the guts to think beyond your party.

#7 | Posted by goatman at 2014-05-16 04:06 PM | Reply | Flag:

"but they don't. they just vote party line for Democrats or Republicans. no brains required.

#8 | Posted by nullifidian at 2014-05-16 04:10 PM | Reply | Flag: | Newsworthy 1

"You also saddled us with now 17 trillion dollars in debt"

even non-partisan goatman must know the debt was not $0 and a deficit was not $0 when Obama took over.

as for the repubs killing tax breaks as a protest... it seems they are still trying the " hold my breath, stomp my feet " approach to negotiations ...classic spoiled brat syndrome

#9 | Posted by 503jc69 at 2014-05-16 04:17 PM | Reply | Flag:

even non-partisan goatman must know the debt was not $0 and a deficit was not $0 when Obama took over.

Even the knee-jerk 503jc69 couldn't figure out that "you" meant "you hyperpartisans" which include both parties. If I wanted to shine the light on the democrats and not all hyperpartisans, I would have referenced only half of that debt was 0bama's. I guess you should have taken that sentence in the same context as the rest of my posts on this thread, knee-jerk.

Looks like I hit a nerve with you.

#10 | Posted by goatman at 2014-05-16 04:21 PM | Reply | Flag:

goat.. you cry foul at everything negative everyone says about republicans and always have... that's why I laugh at your own claim of being bi-partisan... it's a joke

to be fair, the debt wasn't $0 with Bush either.. the -------- in charge have been overspending since saint Ronny blew up the deficit. Both sides do it and will continue to until they break the bank, but lets all pretend in started in 2008.

#11 | Posted by 503jc69 at 2014-05-16 04:40 PM | Reply | Flag: | Newsworthy 1

So far, this thread stands as evidence of who actually thinks beyond party and is trying to inform the public on just how corrupted both parties are in trying to pass this ungodly bill when unemployment benefits can't be budgeted and food stamps are being cut when there are more food distressed Americans now than there ever has been.

A real Tea Party patriot would be blowing up Fox and the conservative airwaves over the GOP and Democrats increasing the deficit for the benefit of the same class of people who continue to accrue more wealth while shirking even more civic responsibility to support a society that improves the lives of people not in the top 5%. Reducing overseas interest income for already hyper-profitable corporations while societal needs and infrastructure investments languish because they aren't affordable?

We're trying to garner the spotlight and stoke the ire from the left. How about some noise from the right?

#12 | Posted by tonyroma at 2014-05-16 05:42 PM | Reply | Flag: | Newsworthy 1

HARRY REID REFUSED to even consider republican amendments and the gop deep sixed the whole thing......more selective outrage from people with no clue as to democrat history as the minority.,...

good for them....

I guess that FACT just happened to get by you people....

#13 | Posted by afkabl2 at 2014-05-16 08:00 PM | Reply | Flag:

as for the repubs killing tax breaks as a protest... it seems they are still trying the " hold my breath, stomp my feet " approach to negotiations ...classic spoiled brat syndrome

#9 | Posted by 503jc69 a

really ? let me take you back a few months...when dems CHANGED THE ENTIRE history of the senate on how some things get through....forgot that didn't ya ?

and what REALLY upsets all of you is the gop growing a backbone and BEATING you at the dems own game.....

more to come....

#14 | Posted by afkabl2 at 2014-05-16 08:03 PM | Reply | Flag:

"exactly. Oh, the cheerleaders will pretend they have some sort of ownership of what they think are the accomplishments of the party they have shackled themselves to, willingly.
but they don't. they just vote party line. no brains required."

Riiight. How about if we just compare one criteria. Supreme Court appointees. I can honestly say I'm pretty proud of those appointed by Democrats and I can honestly say the one's appointed by REpublicans are absolute disasters for America.
Now your turn. Tell me how Democrats have been the primary force for things that have harmed our country and the things REpublicans have done to help our country. WE won't waste too much time on INdependents because they haven't really done anything that affected our country, well unless you consider their decision to vote for RAlph Nader. Oh crap, they hate it when you bring that up, they deny their votes had any effect at all in that election. My point exactly.

#15 | Posted by danni at 2014-05-16 11:02 PM | Reply | Flag:

. I can honestly say I'm pretty proud of those appointed by Democrats and I can honestly say the one's appointed by REpublicans are absolute disasters for America

Of course you would say that, danni. You freely admit to being a partisan who will blindly pull the 'D' handle her whole life. You've said that several times over the years.

So why state the obvious? Furthermore, how can you say that you vote blindly and unconditionally for one party with pride?

#16 | Posted by goatman at 2014-05-16 11:06 PM | Reply | Flag:

Now your turn. Tell me how Democrats have been the primary force for things that have harmed our country and the things REpublicans have done to help our country

All blind partisans, left and right, are the biggest problem to this country and are doing it the most harm. By choosing party, instead of leaders like we thinking people do, you are fixing nothing. If you always do what you've always done, you'll always get what you've always got, danni.

Join me in my search for a leader. Yes, it means you actually have to think which is a lot harder than showing up at the polls and pulling a D or R lever like a trained monkey. But our country will be better off if we all do it. America is worth the time it takes to think about who we elect, wouldn't you agree, danni?

#17 | Posted by goatman at 2014-05-16 11:11 PM | Reply | Flag:

If you like sausage, Tony, don't watch it being made.
This is what congress does all the time.

#18 | Posted by Diablo at 2014-05-16 11:19 PM | Reply | Flag:

danni

one of those gop appointed SC totally destroyed the best health care system in the world...I would think that would get a least a little smile from you..

#19 | Posted by afkabl2 at 2014-05-18 01:54 AM | Reply | Flag:

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