September 26th, 2010
10:41 AM ET
4 years ago

Lieberman predicts Congress will extend Bush tax cuts for 'at least a year or two'

(CNN) - "In a September session, it's hard to separate anything you do from politics."

Independent Connecticut Sen. Joe Lieberman's explanation for the Senate's decision to wait to vote on extending the Bush tax cuts until after the American people vote in November is indicative of the political gridlock in Washington and the political battles being waged around the country.

"We didn't get much of anything done," Lieberman conceded Sunday to CNN Chief Political Correspondent Candy Crowley on State of the Union.

Lieberman predicted that when lawmakers return to the nation's capital after the midterm elections, they will permanently extend tax cuts to families making less than $250,000 a year and extend the Bush tax cuts for Americans making more than that for "at least a year or two."

Lieberman said it's easy to make wealthy people a boogeyman but said they're the ones who spur economic growth.

If Congress fails to act, Lieberman said, "everybody's taxes go up in January."

Lieberman is one of two independent senators; he will be up for re-election in 2012.


Filed under: issues • Joe Lieberman • Senate • Taxes
soundoff (25 Responses)
  1. vic, Nashville TN

    I totally agree with Lieberman but I have to add his statement
    It easy to make wealthy people a boogeyman but said they're the ones who spur economic growth". To China and India

    September 26, 2010 11:17 am at 11:17 am |
  2. truebloodedpatriot

    I don't think I will ever understand the contempt and hatred that Sen. Lieberman feels for this country and the people that live in it. Everyone I know uses his name as an insult, i.e. "That lieberman stole my grandmother's purse!" "Don't be a lieberman and take money out of the coffee girl's tip jar!"

    September 26, 2010 11:18 am at 11:18 am |
  3. independent

    That will be about the time that Lieberman (hopefully) gets voted out of office.

    September 26, 2010 11:27 am at 11:27 am |
  4. Sagebrush Shorty

    We didn't get much of anything done," Lieberman conceded Sunday to CNN Chief Political Correspondent Candy Crowley on State of the Union.
    If Congress fails to act, Lieberman said, "everybody's taxes go up in January."
    He has a great talent for stating the obvious.

    September 26, 2010 11:32 am at 11:32 am |
  5. Matt

    I think the Senator is a very wise man. We must extend the tax cuts for all for at least 2 years to get this economy going. It is ludicrous to do anything different.

    September 26, 2010 11:32 am at 11:32 am |
  6. Larry

    can ANYONE provide any factual data that shows the rish "spur economic activity?" I am frankly exhausted listening to people talk about wether or not if it is a good idea to extend the tax cuts to the rich and NOBODY provides any factual data that demonstrates that is the case. C'mon you republicans out there - speak up with some facts or shut the hell up. (BTW – I'm perfectly fine extending the cuts IF there is some/any data that shows real numbers – no more dialogue please, you've already dulled all everyone's senses.

    September 26, 2010 11:36 am at 11:36 am |
  7. ron

    8 million jobs were lost during the Bush tax cuts, the only economy they are spurring is in China.

    September 26, 2010 11:43 am at 11:43 am |
  8. Ton

    This man is accumulating wealth for wealthy to invest in emerging markets. And what ever jobs are getting created is taken by educated imigrants from asia. There people are are the axis of outsourcing. He will sell america and his children will immigrate to GreenaLand with thier fortune.

    September 26, 2010 11:46 am at 11:46 am |
  9. Whatever

    The economy is going already. The market is up! Jobs are being added! Amazing that the great recession ocurred while under the current tax cuts. Why continue them? It is not helping?! Well they have not wanted to work with the President from the beginning (even before he was sworn in). Remember 2 UNFUNDED wars? Remember MAJOR job loss? Remember HUGE deficit increases (ran through that surplus in probably two years). Remember TARP? Are the rich spending money now?! Of course on items they have always bought. Many of the ultra rich own "small" businesses thanks to their tax filings "S" corps. The fax cuts would continue to add to the deficit. Not understanding how the "budget hawks" would be happy with that part. One word – hyprocrites!!!!!

    September 26, 2010 11:51 am at 11:51 am |
  10. Larry

    Exactly Ron. All we hear from the media and our Congress is... "now is the wrong time to increase taxes on anyone – especially the rich who create jobs." No data, all emotional BS. I'm not saying there is no data to support the statements, BUT LET'S HEAR IT – and shame on our TV/media that they don't ask this VERY basic question to show evidence. We have a bunch of idots on our financial TV stations.

    September 26, 2010 11:52 am at 11:52 am |
  11. Oodoodanoo

    Excellent, Senator. Your journey to the Dark Side is now complete.

    September 26, 2010 11:54 am at 11:54 am |
  12. Mac

    Connecticut, you owe the rest of the country an apology for this guy. Seriously, what were you thinking?

    September 26, 2010 11:59 am at 11:59 am |
  13. DG

    Lieberman is an idiot. The wealthy should not get any tax cut. Bush and the Republicans gave the wealthy tax cuts for 9 years, and look what happened to our country, millions of jobs lost, gasoline went to over $4.00 gallon, and Bush got rid of the uptick rule letting the wealthy sell the stock market short more easily which caused the marked to go down to 6,700, while the middle class was left holding the bag. The Republicans put us in a depression and Obama and the dems have done a great job trying in holding back the disaster from getting worse. I hope and pray the American people don't put the Republicans back in power again. Lord help us!

    September 26, 2010 12:04 pm at 12:04 pm |
  14. annie s

    Lieberman stating "we didn't get much of anything done" is quite pathetic considering he's one of the reasons we didn't!

    September 26, 2010 12:12 pm at 12:12 pm |
  15. Mike in Texas

    What jobs have the wealthy created since the Bush tax cuts? No one can site any evidence, because there is none. Companies keep saying that without certainty they don't want to hire.

    Ok.....here is certainty. Don't extend the tax cuts to the highest earners. Let them expire. That is certainty.

    If you extend tax cuts to all for a short period of time, companies will still use the uncertainty card.

    If you make the tax cuts permanent to all, there isn't going to be a huge hiring boom.

    Demand for your goods or services creates jobs not tax cuts.

    September 26, 2010 12:14 pm at 12:14 pm |
  16. dominickspez

    and Lieberman should take a run for President in 2012-noone else on either side of the aisle has the credibility with the public he has.

    September 26, 2010 12:21 pm at 12:21 pm |
  17. donjohnson

    Man, posters on CNN are really dumb. You keep stating that extending the tax cuts will add to the deficit. That type of logic is what got us into the mess in the first place. First of all, spending is the problem. Second, entitlement. With regards to taxes, when will enough be enough? While Bush was definitely responsible for the a good bit of the problems that persist today, the dems have been in control for 4 years now. This "last 8 years" nonsense is complete lunancy. Step 1: take responsibility.

    September 26, 2010 12:23 pm at 12:23 pm |
  18. Walter

    There is no justification for making the tax cuts permanent for anyone. We have a $1+ trillion defiict, so these tax cuts just borrow from the future. We shoud extend all the tax cuts for 1-2 years to allow the economy to recover then allow them all to expire. Demicrats attempts to make the cuts permanent for "middle class families" is just pathetic vote buying.

    September 26, 2010 12:26 pm at 12:26 pm |
  19. GI Joe

    These DINOs, along with their corporatist friends (R), just want this to come up again in the Presidential election.

    They will NOT create jobs except in China and India.

    September 26, 2010 12:26 pm at 12:26 pm |
  20. Larry

    This crook usually has the inside scoop on the Republican back room dealings

    Republicans are disgusting

    September 26, 2010 12:30 pm at 12:30 pm |
  21. Kim

    This guy is the biggest FLIP FLOP I have ever seen.

    September 26, 2010 12:32 pm at 12:32 pm |
  22. Kim

    This guy has one agenda, Destroy America !!!
    Kick this guy out and bring new Blood, Talent and or may be a " CAVE MAN"

    September 26, 2010 12:33 pm at 12:33 pm |
  23. Anna

    This guy has one agenda, Destroy America !!!
    Kick this guy out and bring new Blood, Talent and or may be a " CAVE MAN"

    September 26, 2010 12:35 pm at 12:35 pm |
  24. charles

    He is another polital prostitute and opportunist. The infrastructure is in disrepair, the nation is engaged in senseless expensive wars to which this guy and all his republican friends have been suporting. They are calling on the Bush tax cuts for the rich while advocating to trim the budgets for education and the poor. Where are they going to get this money from. Paying the taxes is a civic duty. The only thing i can agree with him is the government is wasting alot of money, the only difference is on how it is spent or to who it is wasted on. democrats should know that overspending on social welfare to the poor will not help this nation and it only makes the people poorer and lazzy. Republicans should know that rewarding there millitary friends by waging wars and oil companys is not the way to go.

    September 26, 2010 12:35 pm at 12:35 pm |
  25. MikeG

    Hopefully after the elections of 2012, we won't have to put up with lieberman anymore.
    May he go down to a stunning DEFEAT!!!!!

    September 26, 2010 12:39 pm at 12:39 pm |