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Nelson And Lincoln Vote To Permanently Extend Bush Tax Cuts, Massively Increase Deficit

Posted in Main Blog (All Posts) on August 6th, 2010 4:40 am by HL

Nelson And Lincoln Vote To Permanently Extend Bush Tax Cuts, Massively Increase Deficit

ben_nelson_0Last month, as the Senate was gridlocked by a Republican filibuster of a bill to extend much-needed unemployment benefits to millions of out-of-work Americans, Sen. Ben Nelson (D-NE) stood with the GOP against the extension. Nelson claimed that his concerns about the deficit overrode his support for the extension; he voted against the bill that finally passed 60-40.

Later that week, Nelson came out in support of an extension — “for now” — of the Bush tax cuts for the wealthiest Americans, which adds many billions more to the deficit than the unemployment insurance extension. In fact, extending the Bush tax cuts for one year alone would add $115 billion to the deficit, compared to the “relatively tiny budgetary cost of $33 billion” for the extension of UI benefits.

Today, though, Ben Nelson provided further evidence that he is a deficit peacock — someone who claims to be concerned about the deficit but isn’t actually interested in taking serious steps toward a balanced budget. Before the final vote on the states’ aid bill that passed today, Sen. Jim DeMint (R-SC) offered two amendments that would, in effect, permanently extend the Bush tax cuts. David Dayen has the results:

Before passing the state fiscal aid bill, Democrats actually gave Jim DeMint two votes on tax rates. He wanted to add massively to the deficit – literally trillions of dollars – by freezing in place the tax rates on individuals and “small businesses” that we have now, and which make us one of the most lightly-taxed industrialized nations on the planet. And look at this: Democrats rejected the measure entirely. On both votes, only Ben Nelson [and Sen. Blanche Lincoln (AR)] crossed the aisle to vote with all Republicans [except deficit hawk George Voinovich (OH)]

Nelson and Lincoln (who also claims to be concerned about deficits) apparently don’t mind spending $3.1 trillion over the next ten years to pursue ineffective tax cuts for the wealthy. Perhaps they should have listened to their colleague, Sen. Max Baucus (D-MT), who said of DeMint’s proposal, “that’s not serious. Is that a stunt? Yes, it’s a stunt. Is it a gimmick? Yes, it’s a gimmick. Is it serious? No, it’s not serious.”

DeMint is particularly “not serious” when it comes to paying for his extraordinarily expensive amendments. Both came “with instructions to offset as necessary through spending reduction,” Senate-speak for “we’ll worry about the cost later.”

Charlie Eisenhood

Cross-posted on The Wonk Room.

Despite touting the 14th amendment on, RNC says it?s open to repealing parts of it.

On its website, the Republican National Committee proudly boasts of the GOP’s role in passing the 14th amendment in 1866. “The original purpose of the 14th Amendment was to defend African-Americans from their Democrat oppressors in the post-Civil War South,” the site states. Now, however, the RNC says it’s open to repealing the portion of the 14th amendment that allows anyone born in the U.S. to automatically become a U.S. citizen. Politico reports:

Doug Heye, a spokesman for the RNC, said there’s nothing contradictory about wanting to alter the amendment.

“Passing it was a huge issue and beside the point of what’s happening today. In 2010, we know that birthright citizenship is potentially being abused,” Heye said. “Supporting an idea and being critical of that idea being abused are not mutually exclusive.”

A senior GOP aide added: “The question is whether foreign nationals intentionally having children here to claim benefits and access to the country is a small exception or a larger problem that we see in illegal immigration as well as tourist visas. If it is a large problem then ignoring the debate because we’ve never had it before is pretty foolish. It really is a vexing policy question.”

In today’s Washington Post, columnist E.J. Dionne chastises Republicans by endangering their “party’s greatest political legacy by turning the 14th Amendment to our Constitution into an excuse for election-year ugliness.” He points to Sen. Lindsey Graham’s (R-SC) claim that immigrants come to the U.S. to “drop a child” in order to “anchor” themselves to the country and asks, “Drop a child? How can a strong believer in the right to life use such a phrase?”

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