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Old 01-02-2013, 11:52 AM  
Deberg_1990 Deberg_1990 is offline
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Senators Got 154-Page 'Fiscal Cliff' Bill 3 Minutes Before Voting on It





http://cnsnews.com/news/article/sena...utes-voting-it




The U.S. Senate voted 89-8 to approve legislation to avoid the fiscal cliff despite having only 3 minutes to read the 154-page bill and budget score.

Multiple Senate sources have confirmed to CNSNews.com that senators received the bill at approximately 1:36 AM on Jan. 1, 2013 – a mere three minutes before they voted to approve it at 1:39 AM.

The bill is 154-pages and includes several provisions that are unrelated to the fiscal cliff, including repealing a section of ObamaCare, extending the wind-energy tax credit, and a rum tax subsidy deal for Puerto Rican rum makers.

The bill avoids the fiscal cliff by making permanent the Bush tax cuts for individuals making less than $400,000 per year and couples making less than $450,000 and by putting off the automatic spending cuts (sequestration) from last year’s debt ceiling deal until March.

Technically, those Bush tax rates had expired at midnight on Dec. 31, 2012 and the spending cuts were scheduled to take place when the government reopened following the New Year’s Day holiday.
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Old 01-02-2013, 04:59 PM   #16
BucEyedPea BucEyedPea is offline
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Quote:
Originally Posted by Deberg_1990 View Post




The bill avoids the fiscal cliff by making permanent the Bush tax cuts for individuals making less than $400,000 per year and couples making less than $450,000 and by putting off the automatic spending cuts (sequestration) from last year’s debt ceiling deal until March.

Technically, those Bush tax rates had expired at midnight on Dec. 31, 2012 and the spending cuts were scheduled to take place when the government reopened following the New Year’s Day holiday.
As if anything is permanent from Washington DC.
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Old 01-02-2013, 05:01 PM   #17
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Old 01-02-2013, 09:18 PM   #18
A Salt Weapon A Salt Weapon is offline
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Should be an impeachable offense, the whole lot of them should be serving time for stealing public funds. A ****ing joke what congress has become, or who knows maybe its been this way from the beginning.
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