Obama To Propose Massive Tax Cuts

Posted by | January 4, 2009 23:00 | Filed under: Top Stories

Let’s see the cons go after him on this one.  Up to $310 billion in tax cuts will be proposed for businesses and the middle class as part of a stimulus package.


Senate Republican Leader Mitch McConnell voiced concerns about how quickly Democrats may try to push a stimulus package and what spending proposals may be included in it. He also suggested federal funds be loaned rather than given to states.


But McConnell said Obama could ultimately win broad Republican support if Republicans are provided a fair opportunity to shape it.

Other priorites will include:

*Allow the government to negotiate companies’ prices for drugs covered under Medicare’s health program for the elderly.

* Overhaul U.S. immigration policy by tightening border security while giving some illegals a path toward citizenship.

* Reverse a U.S. Supreme Court decision that made it tougher for workers to sue for pay discrimination.

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Copyright 2009 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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