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December 17, 2010

Obama Ratifies Bush Tax Cuts As Liberal Policy

He signed on the line that is dotted.

President Obama signed into law the most significant tax bill in nearly a decade Friday, a day after overcoming liberal resistance in Congress to continue for two more years tax breaks enacted under president George W. Bush and to provide a fresh federal boost for the tepid economic recovery.

The downsides: There is still pork in the deal that must be cut out as well as funds to implement ObamaCare. (It's possible that won't be an issue at some point this year.) And now that the tax deal is done and the Omnibus spending bill is defeated, to be replaced by a one-page continuing resolution for a month, that frees up the Senators, including our very own Brown, McCain, Collins, and Snowe, to start working their mischief on other matters.

Like the Dream Act -- a vote which may come tomorrow, and may pass.

DREAM is in fact amnesty, and, as Kaus argues, a deliberately complex amnesty which will create, by design, all sorts of corner-cases and hard cases that will push people towards a simpler solution (i.e., full and total amnesty).


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posted by Ace at 04:55 PM

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