Hill Hallways: House Democratic Leader has 'serious reservations' about tax deal
December 7th, 2010
04:19 PM ET
12 years ago

Hill Hallways: House Democratic Leader has 'serious reservations' about tax deal

Washington (CNN) - Maryland Rep. Chris Van Hollen, a member of the House Democratic leadership, said Tuesday he has "serious reservations" about President Obama's tax cut agreement with Republicans.

Van Hollen, who represented House Democrats in tax cut talks with administration officials and Republicans, spoke to reporters as he headed into House Speaker Nancy Pelosi's office for an afternoon leadership meeting.

"I have serious reservations on this with particular reference to the estate tax provision which provided a huge bonus, $68 billion to the wealthiest estates," Van Hollen said.

Rep. George Miller, D-California, who was also on his way into the meeting, said of the tax cut deal, "I'm not happy with it."

Filed under: Chris Van Hollen • Hill Hallways • Tax deal
soundoff (27 Responses)
  1. GOP = Greed Over People

    I hope there are enough Dems to block it and then let the tax cuts expire.

    Then let the Reds just sit on their hands for the next 2 years with the Senate Dems threatening to filibuster ever tax cut.

    You get what you give..

    December 7, 2010 04:28 pm at 4:28 pm |
  2. Jacob

    Obama really is damned if he doesn't work with the GOP, and damned if he does work with the GOP...but lets face it, the GOP is screwing us all!

    December 7, 2010 04:29 pm at 4:29 pm |
  3. gt

    will some body ,any body stand up to the billionares and millions......

    December 7, 2010 04:37 pm at 4:37 pm |
  4. Cobb

    Then all you ballsy Democrats vote the deal down. Won't happen. You bunch of weak sisters didn't have the guts prior to the election and unless they are drinking heavily they don't have them now. They will stick to what they know best and thats talking trash and then making decisions based on getting re-elected.

    December 7, 2010 04:38 pm at 4:38 pm |
  5. DPD

    The 5 million exemption is a fair compromise. I am glad Republicans are standing firm on the estate tax.

    December 7, 2010 04:41 pm at 4:41 pm |
  6. Marie MD

    republikans, the new domestic terrorists, blackmailers and extortionists!!!
    If anyone still thinks the rethugs care about the middle class you must be rich or a member of the gop.

    December 7, 2010 04:42 pm at 4:42 pm |
  7. Four and The Door

    The Democrats are just playing politics again. Obama was exactly correct to agree not to raise taxes on any American citizen during this situation of high unemployment and economic uncertainty.

    The Democrats in congress have been ineffective at dealing with the recession and unemployment. It has cost America a great deal in both time and money. It's time to get the Federal Government on the side of economic recovery and that's what these agreements are based on. It's time to get serious about considering the American people in decisions in Washington.

    December 7, 2010 04:42 pm at 4:42 pm |
  8. angela

    Please Dems fillibuster everything that the repubs want. It's payback time.

    December 7, 2010 04:47 pm at 4:47 pm |
  9. Marko

    Isn't this interesting. To get $62 billion for unemployment benefits, we had to trade away "666" billion in tax breaks. I think that number tells the whole story. $458b for the extension of the Bush tax cuts, $120b for the payroll tax reduction and $88b for the lowering of the estate tax rates. Hmmmmmm, "666" I wonder what meaning that holds.

    December 7, 2010 04:47 pm at 4:47 pm |
  10. GOP Taliban Victim

    Deal implies compromise. Obama doesn't get anything out of this "deal" except extending unemployment insurance for a year.
    The GOP got everything they wanted and then some with the ridiculous estate tax. While the Dem's basically got nothing except for unemployment insurance...which does nothing to help balance the budget.

    December 7, 2010 04:49 pm at 4:49 pm |
  11. Squiggs

    As soon as this bill passes the republicans will start hammering Obama over the deficit. This is a stupid thing to do on 2 levels. I. it increases the deficit without any real benefit to everyday Americans. 2. It makes Obama look like a liar and very weak. If the middle class had to forgo a tax cut so that the rich couldn't get one then so be it. That is an arguement Obama and the Democrats could have one if they had the stomach to fight. Let the republicans get in the way of 2 million unemployed families having food to eat because they wanted to take care of the rich. Let the Repubicans explain how the mifddle class had their taxes go up because if the rich dosne't get anything then the middle class and poor dosen't get anything either. that is another argument the Democrats could have one. Instead they allow this bill which will damage them politically and the country economically get structured right out of the republican playbook. This country is hopeless with the republicans who only care about 3% of it and the democrats who are afraid of the other 97%.

    December 7, 2010 04:52 pm at 4:52 pm |
  12. Steve in North Carolina

    Sure..Obama finally does something to help the economy and the left wing loons don't like it. I guess they didn't get the message that the American people sent in November. They better get a clue or they are going to get another message in 2012.

    December 7, 2010 04:57 pm at 4:57 pm |
  13. John

    Why does everyone blame Obama? The Republicans are the ones destroying this country. They got us into this mess, and they are the ones blocking every effort to get us out of it.

    December 7, 2010 04:57 pm at 4:57 pm |
  14. Nancy Pelosi, the wicked witch of the west, the DemocRAT gift that just keeps on giving

    The clueless, incompetent DemocRATS want to destroy the economy even more than they already have by placing their hate filled class warfare BS over the good of the country. Even a third grader knows you don't raise taxes in an economy like this. Their prime directive is to redistribute the "wealth" at all costs. These Progressives want to do nothing but steal your money, steal your freedom and steal your elections!

    December 7, 2010 04:59 pm at 4:59 pm |
  15. Doug

    But...I thought the Bush tax cuts only benefitted the wealthiest Americans? Thats what the Dems have been telling me for years. Why are they so concerned about the cuts expiring if they only benefitted the wealth millionaires that we are all supposed to hate? Let the cuts expire, and let the lie be exposed when EVERYONE's paychecks get smaller.

    December 7, 2010 05:11 pm at 5:11 pm |
  16. Rick in OP

    Poor Democrats!

    The Democrats still have overwhelming majorities in the House and Senate as well as a Democratic President. And they are still whining about being “pushed” around by a Republican minority?

    Barack Obama is making Jimmy Carter look like George Washington.

    December 7, 2010 05:13 pm at 5:13 pm |
  17. David E. Newton

    Stick with it, Rep. Van Hollen. Congress needs to turn down this outrageous giveaway to the very, very wealthy at the expense of ordinary citizens in the country!

    December 7, 2010 05:13 pm at 5:13 pm |
  18. hal

    People might think it is strange, but I hope the estate tax doesn't include people who have a million dollars from an estate. My in-laws are definitely middle class- but they are strict with their money- yankee blood line! When they pass on- they will have over 1 million from stocks, bonds, summer home (they built it on their own) and home. Why should their money go to the government? They wanted to pass it down to their children and grand children. This is a good case of keeping your money and investing it....if the Democrats had their way....we would give half of it back....no fair!!

    December 7, 2010 05:17 pm at 5:17 pm |
  19. Jaywing

    Let's see, the wealthest 2% of Americans watched their incomes increase over 8 years by 79% because of the Bush tax cuts. The rest of us watched our incomes become stagnant or drop. The rich we supposed to develop jobs with their tax cuts. They didn't - they simply hoarded it. The GOP wants to save the top tier tax cut for the wealthy - to create jobs? It doesn't work. What it has done and will continue to do is strangle the economy and especially the middle and lower classes. The GOP are out for rich and only the rich. As far as they're concerned, the rest of us can go to hell.

    December 7, 2010 05:21 pm at 5:21 pm |
  20. Lisa P

    This isn't a compromise, it's a capitulation. The Democrats need to stand firm: no extension of the regressive Bush tax cuts for people making over $250,000 (though I would take $1,000,000 as a compromise position), estate tax should go back in effect as previously planned. The people who have benefited the most from our economy - who continue to benefit even now when it's hard times for most of us - *must* pay for the government that keeps our economy running and our country safe. If the Democrats give in on this principle now we might as well say good-bye to America, the country Of the People, By the People and For the People, and hang out our Banana Republic: Open for Business shingle.

    I feel strongly about this. I would rather see all the tax cuts expire (at a cost to me of about $700 a year) than continue the ridiculous economic farce for the rich even one more day.

    As for unemployment benefits: see how long the Republican Scrooges last against all the Democratic and half the Republican voters. People are already furious about Republican obstructionism on this issue. There is no way the Congressional Republicans can stand the political fallout of not voting for extension - Obama gets nothing he wouldn't get anyway in return for selling out his base. A very bad deal!

    December 7, 2010 05:21 pm at 5:21 pm |
  21. Nancy Pelosi, the wicked witch of the west, the DemocRAT gift that just keeps on giving

    David E. Newton
    Stick with it, Rep. Van Hollen. Congress needs to turn down this outrageous giveaway to the very, very wealthy at the expense of ordinary citizens in the country!

    letting people keep their own money ia a "giveaway"? Oh yeah, you dopes think others' money is yours or the governments first.

    "ordinary citizens" in the USA PAY NO TAXES!! They incur no expense idiot. But their gravy train from somebody else hard work may take a hit. I shed no tears for them.

    December 7, 2010 05:22 pm at 5:22 pm |
  22. Jaywing

    hal, whoever is handling your account is an idiot. they'r feeding you a lot of bull crap. You can easily protect your inheritance by wise management and planning. And, by the way, you have to thank the Democrats for that. They changed the inheritance laws, not the GOP. Get your facts straight and for god's sake get a better estate planner.

    December 7, 2010 05:25 pm at 5:25 pm |
  23. Rickster

    Hey Chris........you lost the election. And by the standard that was set by Barry himself, that means you have to come along on the ride but you have to sit in the backseat and be quiet.....I believe that's pretty much what President Incompetent said after the previous election.

    December 7, 2010 05:29 pm at 5:29 pm |
  24. GOP Taliban Victim

    Republo-Crat > we never really had much of a 2 party system. It's always the Republicans calling the shots and Dem's always being complicit and agreeing with almost everything they want...Iraq War, Patriot Act, Bush Tax Cuts. As soon as the looney Right-Wing nuts start labeling them as Commies, the Dem's cave.

    December 7, 2010 05:30 pm at 5:30 pm |
  25. Gaylon Barrow THE UNBIASED THRUTH!

    Read the comments above so you can really see just what the African Americans and White AAs know about Obama's agenda to bring this country to disaster. You can tell they know nothing of the intentions of Obama. Just read the below facts of the mess he has got the U.S. in. How do we get out. We can't stand two more years of Obama. The United States national debt is $11.4 trillion dollars and increase since he took office of over $9 trillions dollars. It is expected with the programs he has already installed and his budget he will double this debt in the next two years alone. He is a man gone wild with no consequences as to the welfare of this country. AMERICANS WAKE UP. DON'T LET HIM STAND AT THE PODIUM AND LIE HIS WAY TO FINISH OFF THIS COUNTRY. IMPEACH THIS MAN NOW.

    December 7, 2010 05:34 pm at 5:34 pm |
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