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Dick Cheney Brags That The Bush Tax Cuts ‘Passed By A Single Vote — My Vote’

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 05:46 AM
Original message
Dick Cheney Brags That The Bush Tax Cuts ‘Passed By A Single Vote — My Vote’
http://thinkprogress.org/2010/11/29/cheney-my-vote/
<snip>
Unless Congress acts by the end of next month, the Bush tax cuts enacted in 2001 and 2003 are set to expire, with the tax code essentially reverting to where it was under President Bill Clinton. While Democrats and President Obama have said that they want to preserve the tax cuts for the middle-class — saving $830 billion over ten years by allowing the cuts to expire for the richest two percent of Americans — Republicans have steadfastly refused to consider anything but an across-the-board extension.

The expiration of the Bush tax cuts was put into law to mask their long-term cost, and so that they could pass under budget reconciliation rules (and thus not be subjected to a filibuster). Even so, the second round of tax cuts — the Jobs and Growth Tax Relief Reconciliation Act of 2003 — barely scraped by in the Senate.

After a tied 50-50 vote, Vice-President Dick Cheney cast the deciding aye to move the Bush tax cuts forward. And in a segment of Brit Hume’s six-hour documentary, The Right, All Along: The Rise, Fall & Future of Conservatism, which aired on Fox News this weekend, Cheney brags about how his vote was the culmination of a 30 year push to put supply-side economic theory into practice:

I became a believer. If you fast-forward, in 2003, where we cut the capital gains rate, the rate on interest, did the across-the-board cuts in the income tax, and passed by a single vote. My vote.


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You have been warned President Obama - let those tax cuts expire.
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StatGirl Donating Member (263 posts) Send PM | Profile | Ignore Tue Nov-30-10 12:49 PM
Response to Original message
1. Maybe we should be calling them . . .
. . . the Cheney tax cuts.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 04:00 PM
Response to Reply #1
4. Remember deficits do not matter
until Democrats are in power.
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 12:58 PM
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2. And how many jobs has Dick Cheney created?
He got an extra $175,000 (or so) a year thanks to his self-aggrandizing vote. Where are the jobs, Dick?
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 03:59 PM
Response to Reply #2
3. What jobs?
Do not extend the tax cuts.
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 04:56 PM
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5. Wasn't it because Ben Nelson voted with the Republicans to give them the tie
which allowed Cheney to cast the tie breaking vote..
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-30-10 06:30 PM
Response to Reply #5
6. Nothing new for him
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