This specific action extends the Bush tax cuts to the top bracket for another two years, at a huge cost and at a huge increase in the deficit and debt. Obama's original proposal was to extend the tax cuts for all but the very top earners. The Republicans said no, showing once again who their true constituency is.
How is allowing people to keep more of what theye arn increasing the deficit? This makes absolutely no sense. And I don't know about you, but i can assure you that no welfare recipient ever paid me to write custom software for them.
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