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WH warns tax defeat could trigger new recession

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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:32 AM
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WH warns tax defeat could trigger new recession
WH warns tax defeat could trigger new recession

By CHARLES BABINGTON, Associated Press Charles Babington, Associated Press –

WASHINGTON – Raising the direst alarm yet, the Obama administration warned fellow Democrats on Wednesday that if they defeat the big tax-cut compromise detested by many liberals, they could jolt the nation back into recession.

President Barack Obama appealed anew for Congress to "get this done" and insisted that more congressional Democrats would climb aboard as they studied details of the $900 billion year-end measure. Several did announce support on Wednesday, but at least one said there still was "a mood to resist."

One Democratic opponent, Rep. Barney Frank of Massachusetts, forecast a result that would abruptly reverse Congress' voting pattern of the first two years of Obama's term: "It will be passed by virtually all the Republicans and a minority of Democrats." He said he would vote against it.

http://news.yahoo.com/s/ap/20101209/ap_on_bi_ge/us_tax_cuts


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MadamAB Donating Member (35 posts) Send PM | Profile | Ignore Thu Dec-09-10 12:34 AM
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1. Pulling out all the stops eh?
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amborin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:37 AM
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2. the proposed "deal" is bad enough; but these transparently cynical
scare tactics are an added layer of insult
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:38 AM
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Sounds like the "If we don't bail out the banks" (TARP) speech
The good ole "fear tactics" or the "politics of fear manual must have been left in the Oval Office when GW moved out.

I'm just waiting to here another "Yellow cake uranium" speech.
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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:38 AM
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3. Hope & Change is now Fear & Intimidation?
Edited on Thu Dec-09-10 01:25 AM by somone
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:38 AM
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4. THE SKY IS FALLING!! ........THE SKY IS FALLING!!
Using the old republican fear thread...............
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RegieRocker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:42 AM
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5. Give me a break!!!
If the Trillions of bailout didn't do it this won't either. Just print more fake money to make up for the lost revenue.
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pa28 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:46 AM
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6. And the bully pulpit is finally dusted off.
Ironically it's being used against Democrats.
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the redcoat Donating Member (510 posts) Send PM | Profile | Ignore Thu Dec-09-10 12:49 AM
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7. "If the rich don't get cuts, Iran will have WMDs"
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phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 01:23 AM
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8. America never actually "got out of" Bush's depression.
Recession, green shoots, whatever.
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