Republicans Block Small Business Jobs Bill

Discussion in 'Politics' started by b.c., Aug 1, 2010.

  1. b.c.

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    Republicans block small business lending bill - Business - Small business - msnbc.com

    "The bill [WOULD'VE created] a $30 billion government fund to help community banks increase lending to small businesses, combining it with about $12 billion in tax breaks aimed at small businesses.

    Congressional Democrats started the year with ambitious plans to pass a series of bills designed to create jobs.

    The vote was 58 to 42, with all 41 Republicans voting to continue the filibuster."

    More obstructionist politics on the part of Republicans in the Senate.

    The article goes on to say that though the bill appeared to have bipartisan support, Republicans were literally playing a shell game with it, by changing up their proposed amendments as quickly as they could be agreed to, only to later claim that Democrats weren't trying to work with them.

    Typical smoke and mirrors, Republican style.
     
  2. B_VinylBoy

    B_VinylBoy New Member

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    Funny how the people who support extending the Bush Tax Cuts claim to do so because it helps small business owners but then filibuster an actual bill that really is for the small business owner.
     
  3. b.c.

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    Well Democrats had offered a few amendments to the bill too, like 1.5 billion in DISASTER RELIEF for farmers who lost crops in '09.

    But what were among the REPUBLICAN amendments?

    -beefed up border security

    -a government spending cap

    -LOWERING THE ESTATE TAX (expected to return next year) on estates larger than one million. ("Gotta protect all those oil money assets, folks!")

    -repeal of a new tax reporting requirement for businesses (a part of the the healthcare bill that they've been trying to dismantle ever since it passed).
     
  4. B_TonyK8483

    B_TonyK8483 New Member

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    The Republican's primary strategy is to block everything proposed by the Democrats; then during the election season, claim that they were ineffectual and got nothing done.

    The Democrats have their own strategies too, but this is the Republican strategy
     
  5. B_Anchor_Baby

    B_Anchor_Baby New Member

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    Maybe I'm an idiot, but can anyone find the bill number for this?
     
  6. B_starinvestor

    B_starinvestor New Member

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    why are the democrats blocking the republican amendments?

    Primarily because of the gov't spending cap. God forbit there is a cap on any bloated bill that the Democrats run through Congress.

    BTW, have you seen our debt picture? WE HAVE NO MONEY. We are extending unemployment etc over and over again, and we are borrowing to finance every insane dollar of spending by this Wild Wild West administration.

    Gunslinging spendaholics.
     
  7. Boondocksaints

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    At the same time, the Republicans blocked a bill that stripped Big Oil of $35 Billion in government subsidies. Yea, that's right, they would rather give free money to big oil instead of helping small businesses or extending unemployment benefits (which they fought tooth and nail against)
     
  8. B_VinylBoy

    B_VinylBoy New Member

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    Do you even know how UI is funded, star? :rolleyes:
     
  9. B_talltpaguy

    B_talltpaguy New Member

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    Why are you always lying your ass off?

    Quick history lesson... Republicans are the ones who repealed the balanced budget act in the 2000s under Bush, and it is the Dems who put a similar law back into effect once they were in control of the White House again, and such a measure could no longer be blocked by the Republicans.

    If the Republicans were actually in favor of balancing the budget, as you falsely claim, then they wouldn't have been governing for over 30 years with the ideology that "deficits are good". If the Republicans were actually in favor of a balanced budget, then their party's Presidents wouldn't have presided over 22 consecutive (and counting) Federal Budgets that added to the deficit. If the Republicans were actually in favor of a balanced budget, then they would have produced widespread support for the original balanced budget act of the 90s. If republicans were in favor of balanced budgets, they wouldn't have repealed that law as soon as Clinton was out of office and could no longer veto a repeal. If Republicans were actually in favor of a balanced budget, then they wouldn't have voted against 'paygo' when Dems put it back into effect.
     
    #9 B_talltpaguy, Aug 2, 2010
    Last edited: Aug 2, 2010
  10. b.c.

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    If Repugs were all that concerned about the national debt, then why did they want a repeal of that portion of the healthcare bill that required businesses to report the vendors they do business with, a proviso that would net an additional 17.1 billion in tax revenue? See below:

    “The health care law requires businesses to report to the Internal Revenue Service the names and tax identification numbers of vendors that sell them more than $600 in goods in a year, starting in 2012. The information reporting is already required for the purchase of services.

    The new reporting is designed to crack down on vendors that don't report all their income, raising an estimated $17.1 billion in taxes over the next decade, according to the nonpartisan Joint Committee on Taxation."

    http://articles.sfgate.com/2010-07-28/news/22002148_1_small-businesses-capital-gains-taxes-lending-fund

    The Republican explanation:

    "Sen. Mike Johanns, R-Neb., called the requirement "One more mandate that stifles small businesses at the same time that Washington urges them to hire workers."

    The requirement to report who you do business with "stifles small business"?? HTF does he figure that??
     
    #10 b.c., Aug 2, 2010
    Last edited: Aug 2, 2010
  11. b.c.

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    Now they've tried to block more aid. (whoops-new thread).
     
  12. B_starinvestor

    B_starinvestor New Member

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    Do you even know who extends unemployment benefits, VB?:rolleyes:
     
  13. B_starinvestor

    B_starinvestor New Member

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    I'm not talking about a balanced budget. I'm talking about a budget that is upside-down and threatening the collapse of our economy in 2010. And they KEEP spending.

    When do you stop spending? Never? Just keep pushing and pushing until we are Greece?

    You are either misinterpreting what I'm saying or misunderstanding my point. We are way, way beyond the subject of a balanced budget. We are at a point of severe crisis, and substantial long-term implications.
     
  14. D_Sir Fitzwilly Wankheimer III

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    the difference is that the tax cuts go to successfull small business owners.

    rather than just piss some money away to people who decide they want to open upa business and have no clue as to what they are doing.
     
  15. StudUgly

    StudUgly New Member

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    The people you support, the Republicans, drove us, the country into this ditch and now that the country is slowly recovering you bitch and whine about why we're not moving fast enough or why we're not using the right shovel---while you're standing aside with your thumb up your asses.

    Obama is getting no support from the Republicans and they're blocking every step of this recovery, yet we're still getting shit done. Again, you bitch about not being bipartisan when he does some overruling. Here, we're trying to support the private sector and small businesses, and again you bitch about how it's not wise. Is there anything you don't complain about?
     
  16. TomCat84

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    I agree. Repeal the Bush tax cuts
     
  17. midlifebear

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    Hell, repeal them twice! Obviously there are some on this thread who forget that Cap and Trade was a BIG Republican idea that the half-term governor, Ms. Palin, and her owner, Senator McCain pounded enthusiastically about during the 08 campaign. But once the Democrats showed a bipartisan interest in supporting it - WHAM - Republicans were suddenly against it.

    There was a time I thought Republicans actually were preferable to Democrats, but after eight years of the worst president ever (Bush) and the way all Republicans have behaved since losing power in '08, it's quite obvious they are owned by corporations and a "special" media outlet that views average 'Mericuhns as a slaves to be exploited. And I actually am still turning out good coin in the USA. I'm the one member of the Elko Chamber of Commerce who is considered "uninformed." Yet, I tend to do better than the other members and have very little to complain about.

    Yes, repeal the Bush tax cuts. Let them die. The only people who will be hurt are those who can afford it.
     
  18. D_Sir Fitzwilly Wankheimer III

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    Your rant has nothing to do with what i said. However.....

    The republicans won't go along with anything because this is Obama's mess now and everything he shoves down our throats is going to bury him in the elections. The Dems are shitting the bed big time. The republicans are just trying slow the bleeding. 2 and a half years unemployment benefits? who the hell wants to work when you can have that. al that's doing is keeping a lot of bar tabs open.

    I see absolutely no evidence that the country is recovering. None. Obama is on a spending spree like no other. enjoy your socialism.
     
  19. Industrialsize

    Staff Member Moderator Gold Member

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    You obviously have no idea what Socialism is.
     
  20. TomCat84

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    :pat:
     
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