Republicans Targets 20% Corporate Tax rate – 15% Short of Trumps Original Plan

Reports are coming out that Republicans are planning on cutting Trump’s original federal tax plan from 35% to 20%. But the plan remains fluid according to Republicans, who spoke on the condition of anonymity to describe sensitive negotiations. However, they said the template is taking a more definite shape ahead of a planned rollout next week by the “Big Six” negotiators from the White House, Senate and House.

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House Healthcare Votes: Historic healthcare overhaul passes House

House Healthcare Votes: Historic healthcare overhaul passes House – The House healthcare votes 220-215 that marks the first such victory in decades of efforts to expand insurance coverage. The bill wins a lone GOP vote and loses many Democrats, pointing to challenges awaiting in the Senate.

After months long of debate, the House of Representatives finally passed the historic health care reform legislation late on Saturday evening. The House passes historic health care reform legislation with 220 members of Congress including one Republican, Rep. Joseph Cao of Louisiana voted in favor of health care reform, advancing the legislation by the slimmest of margins. Thirty-nine Democrats voted against the bill, along with 176 Republicans.

Health Care Reform Bill Passes House

President Barack Obama later released a statement on the passing of the Health Care Reform Bill

Tonight, in an historic vote, the House of Representatives passed a bill that would finally make real the promise of quality, affordable health care for the American people.

The Affordable Health Care for America Act is a piece of legislation that will provide stability and security for Americans who have insurance; quality affordable options for those who don’t; and bring down the cost of health care for families, businesses, and the government while strengthening the financial health of Medicare. And it is legislation that is fully paid for and will reduce our long-term federal deficit.

Thanks to the hard work of the House, we are just two steps away from achieving health insurance reform in America. Now the United States Senate must follow suit and pass its version of the legislation. I am absolutely confident it will, and I look forward to signing comprehensive health insurance reform into law by the end of the year.

Obama Home Depot discussion on cash for caulkers!

Obama Home Depot discussion on cash for caulkers! President Obama will be hosting a discussion about his new home retrofitting proposal at a Home Depot store in the Washington D.C. area. The event will be invitation only, and will focus on “the economic impacts of energy saving home retrofits.” According to the White House press release, the President intends to “solicit ideas” from members of the labor, manufacturing and small business communities.

Last week, Obama asked Congress to create incentives for homeowners who make their property more energy efficient, a proposal he said would prod job creation, stimulate consumer spending and ease greenhouse-gas emissions.

“Insulation is sexy stuff. Here’s what’s sexy about it: saving money,” Obama said in remarks at a suburban Washington Home Depot Inc. store.

The president’s so-called “cash for caulkers” proposal is part of the White House’s plan to address the high unemployment rate and fight global warming ahead of President Obama’s trip to the Copenhagen climate-change summit later this week. The proposal would provide federal tax incentives to people who insulate their homes or purchase new energy-efficient appliances.

Lawmakers could include the measure in jobs legislation now being crafted.

“We want them to do it soon,” Obama said.

The President characterized the proposal as a quick way to put people back to work while saving money and cutting emissions.

The Alliance for American Manufacturing urged Congress to give products made in the U.S. preference in the proposal, an idea that could heighten the political debate.

“If the federal government provides home owners with incentives to purchase products stamped ‘Made in Mexico’ or ‘Made in Japan’ or ‘Made in China,’ will factories workers in America be called back to work? In most cases, energy-efficient appliances and retrofitting products manufactured overseas do not rely on American-made steel, rubber, glass, and other key inputs.”

Obama’s remarks follow the release of a report from Vice President Joe Biden that projected that the administration’s clean-energy policies would create 700,000 green jobs.

Health Care Reform Pros and Cons

Health Care Reform Pros and Cons – Do you also want to know the Health Care Reform Pros and Cons? Of course you do. You might be asking yourself, What Does The Health Care Bill Mean to Me? Here are answers for the million dollar question, What Does The Health Care Bill Mean to Me, Followed by Health Care Reform Pros and Cons.

Barack Obama health care reform bill has finally been passed, thinking of the endless possibilities that this Legislation can do to millions of Americans who are uninsured. See below for the details on this Health Care Reform Pros and Cons and on the answer to What Does The Health Care Bill Mean to Me.

Health Care Reform Pros:

  • Insurance for Everyone – This Health Care Bill will be able to help every person in the country to get an insurance that they can afford.
  • Pre-existing Conditions to be Covered –
  • Lower Prescription Costs
  • Equal Coverage for All
  • No financial Burden on Our Children
  • Care for the Elderly
  • Medical Malpractice Reform

Health Care Reform Cons:

  • The cost
  • Possibility of Health Care Providers Increasing Coverage Rates
  • Providers May Refuse to Accept Public Insurance

Now for the remaining question on the What Does The Health Care Bill Mean to Me?

This is a great opportunity to be able to get the insurance that you cannot afford, if you have problems with the Pre-existing conditions, This Heal Care bill will be helping you out on that, The main goals of this is to provide insurance to all people in the country.

Fire Nancy Pelosi!

Fire Nancy Pelosi! Fire Nancy Pelosi is one of the trending searches today as Americans were urged to unite by Republican National Committee Chairman Michael Steele. Michael Steele wants to fire Nancy Pelosi after HR 3590 passed!

Upset with Pelosi and HR 3590, Republican National Committee chairman Michael Steele has called for voters to fire Nancy Pelosi, and has taken to the GOP web site, as well as to online petitions in order to try and further his agenda. The Republican National Committee has organized an online “money bomb” with the target of raising just over $400,000 in the next forty hours to help defeat Pelosi.

It’s not a surprising act by Steele after the House of Representatives decided to pass HR 2950, and a typical response from the Republican Party during these trying times. Rather than address the concerns of someone from his party yelling out Bart Stupart a ‘baby killer’ during the House debate, he decided to go back on the attack, just a day after Republican sponsored Tea Party rallies that threw homophobic and racist remarks at Representatives.

When Michael Steele issues a statement, people tend to really listen to what he has to say. He speaks for the entire Republican Party, and after the vote on HR 3590 took place, he had some really choice words for not just House Speaker Nancy Pelosi, but for voters and President Obama as well.

“It is time to fire Nancy Pelosi and send a message to President Obama that it’s time to stop their partisan liberal agenda of government takeovers and start working for Americans to create jobs and grow our economy.”

But the big question is, What Michael Steele intends to do about one of his representatives shouting out ‘baby killer’ during an official session of the House?

Bart Stupak Called A Baby Killer Video!

Bart Stupak Called A Baby Killer Video! Watch the controversial Bart Stupak Called A Baby Killer Video. During the long-day House debate, Rep. Bart Stupak (D-Mich.) was called a “baby killer” apparently by Republican members of Congress.

In an effort to disrupt the bill, the House Republicans introduced a “motion to recommit” that would have reintroduced the abortion amendment cosponsored by Rep. Bart Stupak (D-Mich.) and Rep. Joseph Pitts (R-Pa.).

Pro-life Bart Stupak rose to speak against the amendment saying that it was nothing more than an effort to deprive 32 million Americans of health insurance. Democrats rose to applaud the much-maligned Stupak.

“It’s your bill!” shouted several chastened members from the GOP side, as the chamber descended into chaos. Once order was restored, a GOP member then shouted at Bart Stupak: “Baby killer!”

“Who said that?!” demanded a Democrat.

The shouter was not identified, but one reporter in the gallery thought it was Rep. John Campbell (R-Calif.). It was not, he told reporters in the Speaker’s lobby as the vote on the amendment, which eventually failed by a vote of 199-232, was still going on.

“It was on the floor, but it wasn’t very far behind me,” Campbell told reporters. “But it was definitely on the floor, but it wasn’t me. I don’t think it’s appropriate at all.”

Campbell told reporters that it sounded as if it was said with a Southern accent. Rep. David Obey (D-Wisc.), who was presiding over the floor when the anonymous Republican member made the outburst, told reporters he knows who the offending lawmaker is but won’t name names.

“Members have a right to make an idiot of themselves once without being exposed.” says Obey.

Bart Stupak Called A Baby Killer Video

2011 Budget | President Obama 2011 Budget Proposal

2011 Budget | President Obama 2011 Budget Proposal

President Obama made his 2011 budget proposal today. At $3.8 trillion, it won’t trim deficits in the near future, but will focus on longer-term deficit reduction. Below are the 2011 Budget Details as Proposed:
$3.8 trillion total budget for fiscal year 2011 (it starts October 1)

Defense

  • $159 billion for wars in Pakistan and Afghanistan
  • $43.6 billion for Homeland Security
  • 20% more for Department of Veterans Affairs

Economy

  • $100 billion to combat unemployment and create jobs
  • A small business tax credit is in the works to encourage increased wages and hiring

Taxes

  • $2.6 trillion revenue from taxes and other sources (18% more than 2010)
  • Tax cuts will remain for those making less than $250,000/year
  • Other tax cuts will expire December 31
  • The Making America Work tax cut will remain
  • Capital gains tax for new small business investments will end
  • Multinational corporations will pay $122 billion more on earnings they make overseas

Education

  • $28 billion for the Elementary and Secondary Education Act (that’s 12% more than 2010)
  • $17 billion more for Pell grants.

More components

  • A big bank fee
  • No more subsidies for gas, oil, and goal producers
  • A 3-year spending freeze
  • Slashing or paring down 120 government programs (including the Army Corps of Engineers, 27 education programs, NASA, and more)

Based on Wall Street Journal:

Mr. Obama plans to rely on a new debt commission, created by executive order, to come up with recommendations on how to meet his promise to bring the figure down to the equivalent of 3% of GDP by 2015, according to budget analysts briefed on the proposal.