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The Spectacle Blog
By a narrow 210 to 209 margin, the House on Wednesday voted to adjourn for the fall campaign season without voting on whether or not to extend the Bush tax cuts. Thirty nine Democrats joined Republicans in opposition to the move. The closeness of the vote is further evidence of Democrats in tough races trying to distance themselves from Nancy Pelosi as the election nears.
On Tuesday, 47 Democrats sent a letter to Pelosi urging the extension of the Bush tax cuts on investments. While this hasn’t received as much attention as other aspects of the tax issue, in reality raising capital gains taxes could prove devestating to markets and the dividend tax hikes would hurt seniors who depend on such income.
As it turns out, during one of the Democratic presidential debates, Barack Obama was asked how he could support hiking capital gains taxes when in each case that’s been tried, it’s reduced government revenue. Obama responded that he still supports raising taxes on successful investing for “purposes of fairness.”
Video below:
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More Blog Posts by Philip Klein
http://spectator.org/blog/2010/09/29/house-to-adjourn-without-vote
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ncatty| 9.29.10 @ 2:40PM
An alternate interpretation is that it is another masterful job by Pelosi in counting votes and giving the blue dogs the cover they need, while still winning the vote.
WB| 9.29.10 @ 3:35PM
Riiiiiight! I'm sure that's exactly how the voters will see it. They certainly won't take it out on the Dims in the upcoming election ....
ncatty| 9.29.10 @ 2:44PM
So 47 dems sent a letter to Pelosi urgung extension, but only 39 dems voted consistent with that position. That means 8 dem letter-writers were frog-walked by Pelois up to the ballot and voted against their own position. Talk about Profiles in Courage!
Joseph Sardo| 9.29.10 @ 3:12PM
We need names.
J Kelley| 9.29.10 @ 3:16PM
Blue Dog Democrats are really Yellow Dog Democrats (vote for what Pelosi says). They campaign as conservatives, then vote the party line once they get to Washington. Pelosi will let 39 vote with the Republicans, but if she needed their vote she would get it. They are not the same as RINO Republicans. Because they don't ever really cross the (Isle). They just vote to get re-elected. Now RINOs vote with the Democrats to show they want to get along. May November the 2nd come soon. Down with Blue Dog Democrats and RINO Republicans.
ncatty| 9.29.10 @ 3:47PM
But...but...my daddy and his daddy were democrats. How can I vote for a rascally republican?
MacDaddy| 9.29.10 @ 5:28PM
By simply engaging your brain.
MikeN| 9.29.10 @ 3:56PM
39 Democrats plus Republicans should have been enough.
Patriot| 9.29.10 @ 5:04PM
Pelosi blocked it.
Tim*| 9.29.10 @ 5:24PM
The Voters Want Jobs , Not Taxes .
The Tea Party Rebellion Escalates .
Rise Up !