Washington (CNN) – On the same day Congressional and White House negotiators met to broker a compromise on how to deal with the Bush-era tax cuts that are expiring at the end of the year, House Majority Leader Steny Hoyer announced that House Democrats would push ahead on a vote Thursday to permanently extend tax breaks just for those making $250,000 a year or less. Republicans argue tax cuts should be extended for everyone, including the wealthy.
Hoyer said the House bill would include permanent extensions of income tax rates for the middle class, plus tax breaks for married couples, the child tax credit, and the earned income tax credit.
The Maryland Democrat insisted that there was common ground between Republicans and Democrats on ensuring there are no tax increases for people making $250,000 or less and cited several polls showing the American public supports this approach. "We have agreement on that. There is not agreement on other aspects of issue, as you all know. But it is a shame that what we have agreement on is being held hostage by that on which we do not have agreement."
Hoyer maintained that moving forward with just a vote on the so-called middle class tax cuts would not interfere with the negotiations on the broader tax cuts, telling reporters Wednesday he spoke with the House Democratic negotiator in the talks, Maryland Democratic Rep Chris Van Hollen. "He and I both agree that this matter moving forward should not undermine negotiations on a compromise," Hoyer said.
Outgoing House Speaker Nancy Pelosi told CNN the vote was always part of the Democrats' plans and was intended to press the importance of their policy stand.
"To show our position very clearly that Democrats support tax cuts for the middle class. We think it is fairer thing to do and is necessary at this time in our economy," Pelosi said.
Hoyer emphasized that Democrats are following through on a commitment to avoid tax increases on the middle class. Republicans, he said, are the ones who decided in 2001 to let the tax cuts expire this year. "It is an effort to show, as we said before the election, that we were going to make sure the middle income working men and women of America did not have the consequences of the Republican sunset."
House GOP Whip Eric Cantor said in a statement the Democrats' plan is a "non-starter, and is completely contrary to the discussions that we had with the President yesterday at the White House. This is nothing more than political chicanery and undermines the President's ongoing discussions and efforts on tax rates."
Cantor said the tax cuts should be extended for everyone.
"We call on Speaker Pelosi and President Obama to stop the gimmicks and allow all members of the House – Republican and Democrat – to vote on legislation that would prevent tax increases for every American, "he said.
"House GOP Whip Eric Cantor said in a statement the Democrats' plan is a "non-starter, and is completely contrary to the discussions that we had with the President yesterday at the White House."
And what did beavis and butthead do after leaving the meeting with the president? The two-faced liars vowed to fillibuster every democratic intiative. They're nothing but liars and con men. So much for deficit reduction – the republicans are going to throw tantrums until the country accepts the $700 billion they're adding to the deficit for the additional tax cuts for the top 2%. Why can't they just accept the cut on $250,000 like the rest of us?
The GOP doesn't want unemployment benefits continued but want to continue the tax breaks for the wealthiest .012% of society - unreal. It makes me so happy to think that Paris Hilton can buy a brand new Mercedes and a $60K Hermes handbag every year for the next 10 years or so funded by the $700BILLION deficit we common folks will have to pay back. Disgusting thought ha?
Mr. President, It's okay to put up a fight. We really don't mind. The political discourse can't get any worse than it is now. Do what you think is best, and don't be so concerned with these crazy idiots (not the voters, but representitives) on the right. They're in it to be disruptives, because they really can't be held accountable. They have a following that just wants their leaders to get in the way of the right things to do. I am certain that your intellect can tell what's right for the country. These "other" guys have yet to prove that they can lead. I would lose respect for a mutt on the street if it let Eric Cantor influence its thinking!!!
This year the many of the largest and wealthiest companies are having their most profitable year on record, but this hasn't translated into jobs. And the Republicans want to continue to give these high-end wage earners a tax break ... Why?
The middle class people who voted and praised the bankrupt GOP who couldnt even handle their own money let alone the countries economical issues are probably starting to regret their decisions. I hope they learned that they cannot depend on FAUX News to give them actual facts or they would have saw this coming like the rest of us. It's a sad day when all reality, republicans will let the country fail in order to fight for the 2% that fill their pockets with cash. Obama has tried, since day one, to get both parties to work together. It didnt work. Republicans started their temper tantrums and democrats got defensive and started to fight back. If the Republicans would at least try and stop pretending like the American people are to stupid to realize they are NOT then I think the Dems might meet them half way. Until then, this is our economy and its a rough one. I only hope the President (political babysitter) can find a way to get this day care under control.
I agree, extend the tax cuts for the middle class. And Increase them on those making over $250,000 a year. The Republican think we are stupid. Those tax cuts cost us more than we gain such as 800000 job per month for almost the whole year of 2008. They cost of more than we gain. If the Republican try to block them, let them all expire. I don't think the President is going to win a second term anyway. So if he is not going to win a second chance, he should let all the Bush tax cut expire.
When will the average voter stop getting suckered by the GOP?
These "old white guys" were been hypocritical with the President because they know they do not have the votes to pass their RICH PEOPLE TAXES. So they were playing up with Obama at the white house. Good sense and great move Mr. Hoyer. You go ahead for us "poor people in America" and let the Republicans vote for "their rich allies" who provided them funds to run their 2010 campaign – and are looking for repayments.
Hey Hoyer; your cubille is being readied as well.
Republicans want tax cuts for the RICH , which means BIG TAX BREAKS for the likes of Boehner, Mitch McConnel, Eric Cantor, Cornyn, Pence and all the other FAT Republican cats in Washington who don't feel they should pay higher taxes like the rest of us!!!!
What idiot voted for these clowns? I hope you saved up, because you're about to feel the FINANCIAL PAIN once Republicans suck every penny out of you while laughing all the way to the bank!!!!!