President Barack Obama Signs Tax Cut Extension into Law at WH Ceremoy … Pelosi, Reid & Boehner No Show

 

President Barack Obama has his George H.W. Bush moment … “Read My Lips, No New Tax Cuts for the Rich”

Yesterday, Barack Obama signed the Bush era tax extensions and called it compromise. However, noticeably absent from the tax cut extension signing ceremonies were Democrat Senate Majority Leader Harry Reid, Democrat Speaker of the lame duck House Nancy Pelosi and Republican Speaker of the House elect John Boehner. In the end, the tax extension bill was one that no one liked, that’s the definition of compromise for Obama.

In essesnce, Obama extends the Bush era tax cuts … didn’t Obama run on doing just the opposite?

President Barack Obama celebrated the spirit of compromise Friday as he signed a controversial $858 billion tax cut and unemployment insurance extension into law — but warned that bipartisan comity could be fleeting.

The bill, the result of a deal Obama cut with Senate Republicans over the objections of many Democrats, was a major victory for a White House that spent much of the past two years battling a unified GOP on the stimulus and health care reform.

“We are here with some good news for the American people this holiday season,” Obama told about 150 people, including Senate Majority Leader Mitch McConnell (R-Ky.), gathered in the Eisenhower Executive Office Building.

Noticeably absent were Speaker-to-be John Boehner (R-Ohio), Senate Majority Leader Harry Reid (D-Nev.) and House Speaker Nancy Pelosi (D-Calif.), who were all cut out of initial negotiations between Obama’s staff and McConnell.

 

Exit Question: Will Barack Obama’s endless campaign promise to Democrats and his base that he will end tax cuts for the rich come back to bite him like George H.W. Bush’s promise of “read my lips no new taxes” did? Obama consistently railed on tax cuts for the rich and played class warfare. Ending tax cuts for the rich was a major element of his 2008 Presidential campaign. How betrayed does his base feel today? How will this affect the 2012 elections and might there be a primary battle from the LEFT?

No family making under $250,000 will see any form of tax increases

 

Of course Obama claimed he was against earmarks and said nothing when the $1.3trillion Omnibus bill was presented, prior to Reid pulling it due to outrage from We the People.



If you liked this post, you may also like these:

  • The Plane Facts: John Boehner to Fly Commercial as House Speaker … Parks Nancy Pelosi’s Over Priced Air Force Jet
  • House Passes Payroll Tax Cut Extention with Keystone XL Pipeline … Will Obama Veto?
  • New Obama Political Tone … Minority Democrat Leader Nancy Pelosi Says GOP Speaker Boehner Went to the Dark Side
  • Outgoing Speaker John Boehner on ‘Face the Nation’ … Calls Conservatives False Prophets
  • Obama Signs $40 “Pizza” Payroll Tax Cut Extension for Americans, Then Jets Off for $4 Million Hawaii Vacation




  • Comments

    3 Responses to “President Barack Obama Signs Tax Cut Extension into Law at WH Ceremoy … Pelosi, Reid & Boehner No Show”

    1. rightknight on December 18th, 2010 11:53 am

      Invariably, as government ‘employees’ venture from the
      grace of our Constitution armed with their faulty visions
      of what this Country really needs to function fairly, they
      prove to be mistaken. Delusions of grandeur dance in
      their ‘collective’ heads.

    2. Tweets that mention President Barack Obama Signs Tax Cut Extension into Law at WH Ceremoy … Pelosi, Reid & Boehner No Show | Scared Monkeys -- Topsy.com on December 18th, 2010 6:10 pm

      [...] This post was mentioned on Twitter by Brandon Roark. Brandon Roark said: President Barack Obama Signs Tax Cut Extension into Law at WH …: Yesterday, Barack Obama signed the Bush era t… http://bit.ly/fzSeId [...]

    3. Brenda in Virginia on December 18th, 2010 7:57 pm

      Why bother to try and read his lips? Just turn the teleprompter around and let us read what he has to say?

    Leave a Reply




    Support Scared Monkeys! make a donation.

     
     
    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
     
     
     
     
     
     
     
    Close
    E-mail It