"We are headed towards fiscal disaster."
— Rep. Bobby Scott, 12.17.10
"Obamanomics is more like Reaganomics."
— Rep. Jessee Jackson, Jr. 12.10.10
"This measure does not create a single job or stimulate the economy in any way."
— House Majority Whip Jim Clyburn, 12.16.10
•• read more on the unofficial blog on the CBC at CREW OF 42
•• read more on the unofficial blog on the CBC at CREW OF 42
Twenty-four Members of the Congressional Black Caucus Say No to Tax Deal
Twenty-four members of the Congressional Black Caucus voted against Pres. Obama’s tax deal with the Republicans. Many cited the huge price tag. The bill will cost 900 billion dollars. More than the Stimulus bill, more than TARP. Other members felt the President should have and could have secured a better deal with the other side and that the legislation sets the Democrats up to be confronted with massive spending cuts to social programs over the next two years.
The list of NO votes includes House leadership member Jim Clyburn, current CBC Chair Barbara Lee, incoming CBC Chair Emanuel Cleaver, Obama-buddy and longtime supporter Elijah Cummings, Ways and Means members John Lewis and Charlie Rangel, Budget Committee members Bobby Scott and Gwen Moore and the most senior member of the CBC on House Appropriations, Jesse Jackson, Jr.
"This bill adds more than $800 billion to the deficit over two-years – more than the cost of TARP and more than the cost of the Stimulus Bill. It costs about the same over two years as the 10-year cost of the Health Care Reform bill, which we paid for," wrote House Budget Committee member Bobby Scott this morning.
The 24 members: Corrine Brown of FL, Alcee Hastings of FL, Sheila Jackson Lee of TX, Bobby Scott of VA, Bobby Rush of IL, Don Payne of NJ, Emanuel Cleaver of MO, Maxine Waters of CA, Jesse Jackson , Jr. of IL, G.K. Butterfield of NC, John Conyers of MI, Ed Towns of NY, Elijah Cummings of MD, Carolyn Kilpatrick of MI, Marcia Fudge of OH, Barbara Lee of CA, John Lewis of GA, Jim Clyburn of SC, Yvette Clarke of NY, Bennie Thompson of MS, Donna Edwards of MD, Keith Ellison of MN, Gwen Moore of WI, and Charlie Rangel of NY.
•• read more on the unofficial blog on the CBC at CREW OF 42