Wednesday, December 9th, House Democrats passed a tax extenders bill that includes a permanent TAX increase on investments, moving it from a 15% rate to 35%, that discourage job growth.
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Madame Speaker, death should not be a taxable event. Death should not force the sale of family farms or the dissolution of small businesses. The fear of death should not be a reason for Americans to hire a battery of accountants and lawyers to find legal ways to reduce the bite of the estate tax. After a long wait, we are about to realize that goal. Set in motion by a law passed by the Republican Congress earlier this decade, there will be no death tax in 2010 thats just 29 days away. The ...
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The Obama stimulus has not worked, we are at 10.2 % unemployment. Camp suggests freezing government spending except for shovel-ready infrastructure projects and defense spending, enacting pending trade agreements to create 250000 jobs, and to not implement any new taxes as the Democrats aim to do. We need to enable banks to lend to small businesses to enable job creation.
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US has the second highest corporate tax rate at 39 %, which has been identified as the most harmful tax for long term growth.
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CAMP:" Republicans are offering a better alternative: a 2% increase in doctor Medicare payments in each of the next four years that is fully paid for, primarily by implementing real medical liability reform a proven way to cut wasteful health spending. It is telling that our Democrat colleagues prefer to pile hundreds of billions of dollars in new debt on our children instead of standing up to their friends in the trial lawyer lobby. "
Tags: doctor fix deficit health care GOP ways and means dave camp white house spending
cnbc's "Kudlow & Company"
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Despite 10.2 % unemployment and 12 trillion in US debt, Treasury Secretary Geithner states to the Joint Economic Committee " IF YOU LOOK AT ANY MEASURE OF CONSUMER AND INVESTOR CONFIDENCE TODAY, IF YOU LOOK AT ANY MEASURE OF THE STRENGTH AND STABILITY AND HEALTH OF THE AMERICAN ECONOMY IF YOU LOOK AT ANY MEASURE OF CONFIDENCE IN THE FINANCIAL SYSTEM, IT IS SUBSTANTIALLY STRONGER TODAY THAN WHEN THE PRESIDENT OF THE UNITED STATES TOOK OFFICE."
The health insurance reforms in the Republican bill will significantly reduce health care premiums, insure millions of Americans, guarantee those with pre-existing conditions have access to quality, affordable health care. And, we do all of this without raising taxes, without spending $1 trillion we dont have, without cutting Medicare and without putting some new Health Czar in between doctors and patients, which is what the Democrat majority does in their government takeover bill....
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Camp: "I THINK THE REAL PROBLEM WITH THIS BILL IS IT REALLY PUTS GOVERNMENT IN BETWEEN PEOPLE AND THEIR DOCTORS. IT DOESN'T LOWER THE COST CURVE. IT ACTUALLY RAMPS IT UP. MASSIVE TAX, MASSIVE GOVERNMENT INTERVENTION"
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