Have a Blessed Sunday, Everyone.
Even though 3Chics Politico is written and curated by three women: Ametia, Rikyrah, and SouthernGirl2, I must nominate this as one of the most engaging blogs I've found. Devoted to politics and culture, these three shine a light on contemporary life with humor and spirit.
Thank you for the tune. Songs In The Key Of Life was one of the first albums I ever bought. Yes, I said album. :)
Hi thorsaurus. LOL Yes; albums is not a dirty word around here. I still have the album, Songs in the Key of Life.
Sign the petition from Senator Dick Durbin
Tell the GOP to stop playing politics
Use the form to the right to help me tell the House and Senate Republican Conferences to stop playing politics with federal disaster relief! –Dick
http://action.dickdurbin.com/p/dia/action/public/?action_KEY=8135&tag=femapetition_e091711
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News Alert: Obama to propose $1.5 trillion in new taxes
September 18, 2011 9:29:38 PM
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President Obama’s plan to tame the nation’s rocketing federal debt by finding at least $3 trillion in new savings, to be released Monday, includes $1.5 trillion in new taxes, according to a person familiar with the matter.
Combined with his call earlier this month for $450 billion in new stimulus, the proposal represents a more populist approach to confronting the nation’s economic travails than the compromises he advocated this summer.
http://link.email.washingtonpost.com/r/RRHKUP/TPOCH4/VB8YZV/LZUMSW/MKPQM/ZH/h
For more information, visit washingtonpost.com
Obama to offer his own debt reduction package
Sep 18, 9:46 AM (ET)
By JIM KUHNHENN
http://apnews.excite.com/article/20110918/D9PQVCIO0.html
WASHINGTON (AP) – Even as President Barack Obama prepares his opening bid on long-term debt reduction, the White House wants to keep the focus on jobs and is determined to avoid getting sucked into another budget fight with lawmakers.
Administration officials see the task of attending to deficits as necessary but not necessarily urgent, compared with the need to revive the economy and increase employment.
The White House also sees this as the time to draw sharp contrasts with congressional Republicans, whose public approval ratings are lower than Obama’s.
As a result, when Obama announces at least $2 trillion in deficit reduction measures Monday, he is not expected to offer all the compromises he reached with House Speaker John Boehner, R-Ohio, in July before those talks broke off
“I would view this as the president’s vision for how we achieve deficit reduction, which makes it inherently different than the sorts of legislative negotiations we were undertaking with the speaker over the summer,” said the White House communications director, Dan Pfeiffer.
The plan represents an economic bookend to the $447 billion in tax cuts and new public works spending that Obama has proposed to as a short-term measure to stimulate the economy and create jobs. He’s submitting it to a special joint committee of Congress given the task of recommending how to reduce deficits by $1.2 trillion to $1.5 trillion over 10 years.
The White House signaled its approach Saturday by highlighting a proposal in the president’s plan that would set a minimum tax rate for taxpayers earning more than $1 million. The measure is designed to prevent millionaires from using tax avoidance schemes to pay lower rates than middle income taxpayers. But the proposal is a certain dead-letter with Republicans, who have pledged to oppose any increase in taxes.
“It adds further instability to our system more uncertainty and it punishes job creation and those people who create jobs,” said GOP Rep. Paul Ryan of Wisconsin, the House Budget Committee chairman. “Class warfare may make for really good politics but it makes for rotten economics,” he told “Fox News Sunday.”
The White House also has said that Obama will not offer any proposals to reduce long-term spending in Social Security, even though Obama had suggested to Boehner reducing annual cost-of-living adjustments for Social Security recipients. The idea drew loud objections from Democrats.
Good Morning, Everybody! :-)