House Dem Trashes GOP Over Unpaid For Business Tax Cuts While Demanding UI Benefits Be Paid For

sandy levin

Thursday morning, Ways and Means Committee Ranking Member Sander Levin (D-MI) called Republicans out on the House floor over their hypocrisy in making unpaid for tax credits permanent while refusing to pass long term unemployment insurance.

The Democrat thundered as Republicans sought to make permanent unpaid-for tax credits, “The inability of the House Republican Majority to take action to help our recovery, bolster small businesses, and grow our economy has resulted in smoke and mirror votes like the ones before us today. They want to signal that they support small business, but their action is so inconsistent with their past positions that it is rendered hypocritical.”

Instead, Levin charged, they are making permanent unpaid for tax cuts (S Corporation (H.R. 4453) and Section 179 (H.R. 4457)) that will increase the deficit going on $1 trillion, “When all is said and done, Republicans will be well on their way to increasing the deficit by $1 trillion. And we all know where it will lead – to future Republican demands to cut vital domestic priorities that have been on the chopping block for the GOP: funding for education, public health, transportation to name a few.”

Republicans get away with things like claiming they are for small businesses and pretending their unpaid for tax cut ALEC legislation is for mom and pops because of things like this. The tax bills, credits, mark ups, etc. are confusing. They aren’t easy to pick apart for a bumper sticker accusation without risk of making it appear as Democrats do not support the tax credits.

Here’s where it gets tricky. Democrats support the tax extenders being considered for small businesses but they don’t support the fact that these measures are unpaid for on a permanent basis. They have been increased since 2003 as part of “stimulating the economy” but Republicans are making them permanent and unpaid for. Levin reminded them, “When these expansions were first enacted in 2003, House Republicans noted that these expansions ‘reflected the need for an economic stimulus and growth package.'”

This is a large part of what contributed to the huge deficit Bush created — lack of revenue.

“The measures in front of us today add up to $75 billion in deficit increases. When you add in the R&D credit that passed the House last month and the eight other provisions that have moved through Ways and Means, it adds up to $614 billion, unpaid-for and permanent.”

Levin explained that the measures will be extended again, addressing Republican claims that businesses need “certainty” (presumably people do not need certainty or Republicans wouldn’t continue with tax breaks while refusing to aid children and veterans to the degree necessary in tough economic times). He added, “And if Republicans had any interest in working on a bipartisan basis on comprehensive tax reform we could discuss how best to make a stimulus effort a long-term part of the tax code. The S corporation provisions will be extended.”

Levin pointed out that the President has already said he would veto the Republican approach of permanent, unpaid for tax cuts, hence the body is not making “law”. If they were there to make law, they’d take up the bipartisan Senate bill approved by the Senate Finance Committee.

Levin called Republicans out for violating the very budget they all champion, “Chairman Ryan put forward a Budget Resolution which the Republican Majority passed through this House. That Budget that you all voted for stipulates that any change in tax law must be offset. These bills of course shred that principle.”

Isn’t it odd that Republicans insist they must impose austerity on the people because DEFICITS!!! And yet, when their corporate masters call, they can add close to 1 trillion dollars to the deficit without blinking — and in relative secret, as they aren’t making law. Levin was not impressed, “And, the final hypocrisy is one that really hits home for 3 million unemployed Americans. The Republican Majority insists that unemployment insurance be paid for, but when it comes to tax cuts, they can simply be added to the deficit.”

The kicker: “The bill before us today is seven times more expensive than the cost of extending federal unemployment insurance for the remainder of the year – and I should note that we have already agreed to offset the cost of such an extension.”

“(W)e (Democrats) won’t be silent in the face of Republican hypocrisy on display today. What they’re doing today is reckless and irresponsible.”

Reckless and irresponsible? Yep. That’s our House Republicans.

14 Replies to “House Dem Trashes GOP Over Unpaid For Business Tax Cuts While Demanding UI Benefits Be Paid For”

  1. When it comes to giving businesses a break the GOP is all for it. When it comes to give the working American a break, as far as the GOP says we are on our own. They have no intention of helping out the 99%. If it’s not good for the 1% it does not get done by the GOP.

  2. Every Democrat should call out these jerks at every opportunity. Do like they do, run to a camera or microphone at every opportunity and tell the public every single move the jerks try to make. Call their hand at every step. If a repub makes a statement, counter it immeadiately.

  3. Obama has halved the deficit, the rethugs cannot wait to give away the savings so they can bash Obama when the deficit climbs.

    Of course in their tiny minds business is deserving the middle class is not.

  4. Thank goodness we have Barack Obama as President, and not Romney. At least POTUS can veto this evil act.

  5. The problem is you have a good percentage of the 99% that are uneducated and mentally challenged. It is these people that vote for republicans or the 1%. The other issue is that this is not a democracy. Don’t fool yourself, the gov is made up of millionaires and opinion polls mean nothing. Just look at the gun issue. most Americans want background checks yet the congress refused to pass any legislation. As Mitt stated corporations are people and these people control their government!

  6. What the government can get away with is astonishing because they are excellent liars and the vast majority of Americans don’t pay close attention to what they are up to.

  7. I am unemployed as of July
    last year, and was receiving unemployment until Congress elected not to extend unemployment benefits, right after Christmas. A terrible time to be cut off. Since then I have been going threw many hardships. (Like others), Being that I reside in Las Vegas, NV, the employment rate is higher than the national average, and at 53 years of age, its seems as if I am getting passed over. Now I have exhausted all of my funds, used up all the help that was given to me from  resources, friends and family. I haven’t paid my rent this month, and of course gas and electric, cell and others are due.
    I served my country admirably for seven of the
    greatest years of my life (U.S. Navy), went on
    to obtain a A.S. Degree, Raised up four kids
    as a single parent, Coached many years being
    a mentor to children, I also attempted to go back to school with no success, even threw my G.I. Bill ,I didn’t qualify. I worked hard and paid taxes all my life, and this is not the Am…

  8. I worked hard and paid taxes all my life, and this is not the American Way, I grew up to know and understand.  We are the best nation on earth, and I believed that. I have spent many days and long nights trying to figured out how can I can keep a roof over my head. I learned how to build a web site and built a online store. Learning on my own (couldn’t qualify) I kept  Praying that I could generate enough income so I can live with a roof over my head. My online store is a new business, because, I feel like I need something that’s gonna sustain me as I grow older. So I would like to extend my hand as an American

  9. n to President Obama and Congressman John Boehner, and say, if you can’t come to an agreement to help people
    In there time of needs, I invite you to buy something from my online store, and support
    my efforts ,not to give up, and inspire others  not to give up , and inspire them to challenge there self
    to create their own business.
    I challenge both of you to register and buy a product from my online store in efforts to keep me from being homeless. And to inspire others and support the idea of starting their own business. I also except Donations at this point, from any American’s  who can identify with my story. if you want to help a Good  American go to http://WWW.DLSuperStore.Com . We have a wide range of products at affordable prices to choose from.

    This letter will be forwarded to President Obama,
    and Congressman John Boehner  .
    Part 3

  10. Since the early fifties when I became aware of politics, This has been the Republican position. Screw the common citizen while sucking the balls of big Business. Rotten, unfeeling bastards.

  11. I recently formed a side project band with old pickers I picked with in the 80’s, as our crew has slowed down some on playing. One was and is my best friend. He has been laid off for over 1 year, and blames his situation of no job and no UI extension on the President. I told him to turn Fox off and learn to use his wife’s CPU to find out his party was the one bending him over. But, he is a devoted Foxbot and is only 57 years old.I am going to keep pointing things out to him, and already warned him that because of things like this and the ultra religious crap, that his party would not win the Presidency in his or my lifetime.

  12. dj, I think both. Ignorant, gullible people watch FCUK News and FCUK News creates ignorant,gullible people.

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