Bill to avert fiscal cliff heads to House after early-morning approval by Senate

  • Article by: ANDREW TAYLOR , Associated Press
  • Updated: January 1, 2013 - 9:49 AM
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theagonybhoJan. 1, 1310:07 AM

Good GOP shut this down and send the bill back until we get some spending cuts, what a joke.

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arspartzJan. 1, 13 2:18 PM

$40 in tax increases for every $1 in spending cuts. This is the new lefts's definition of "compromise"

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CozmicJan. 3, 13 7:14 AM

There is still corporate welfare in this bill that isn't being mentioned in the news. There is Sec. 322 which is an “Extension of the Active Financing Exception to Subpart F.” This provision allows banks and manufactures to engage in certain lending practices and not pay taxes on income earned from it. There is also Sec. 328 which extends “tax exempt financing for York Liberty Zone,” a program to provide post-9/11 recovery funds. Rather than going to small businesses affected, however, this was “little more than a subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp.” It is this kind of deplorable additions that are the real base of why the debt is not going to be addressed. This Congress along with the President(who isn't much better than Romney would be) are doing a great disservice to this country with bills that still favor Wall Street in too many ways. They are the main culprits in the recession and yet they still are being given special treatment. The fiscal cliff would have been better than this as it would not kept giving the welfare to those who least deserve it.

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