Obama And Republicans Agree On Tax Cut Extension BOHICA!!!! 6DEZ10

THIS IS BULL!!!! There is no sound financial reason to give in to the greed of the gop, the tea-baggers and their wealthy and corporate masters! There is no sound financial reason to reduce Social Security taxes for a year, the plan is financially sound and this will only cause harm and open the door for reduced benefits and a higher retirement age. There is no sound financial reason to extend the bush era tax cuts for the wealthiest 2% of the population, nobody has been able to offer proof these tax cuts have created any significant number of jobs over the past 2 years of this recession. And there is no moral justification for adopting the tax cuts on Social Security and extending the tax cuts for the rich when it is obvious doing so will damage the financial status of the Social Security program and tax cuts for the wealthy will add $700 billion to the deficit. Morality and sound financial policy DO support extending unemployment benefits, we have a responsibility and the ability to support those among us who are suffering. 
President Obama and the Democratic Party needs to stand firm against the selfishness and greed of the gop and tea-bagger proposals. The President needs to stop repeating the propaganda lines of the gop to dupe the poor and working class and middle class into accepting his planned financial capitulation and the Democrats in Congress need to remind him of candidate Obama, the man who gave us so much to hope for, and tell him NO, the greed of the gop and tea-baggers, their grab for power, their obstructionist politics, their manipulation and deception of the American people will not stand and their tax policies of robbing from the majority of Americans to pay off the rich WILL NOT STAND AND WILL NOT PASS THIS CONGRESS! E mail Pres Obama and tell him what you think at 
http://www.whitehouse.gov/contact 
and find your Representatives and Senators e mail addresses here
https://writerep.house.gov/writerep/welcome.shtml 
and here
http://www.senate.gov/general/contact_information/senators_cfm.cfm 
From NPR....

Brushing past Democratic opposition, President Barack Obama announced agreement with Republicans Monday night to extend expiring tax cuts for all Americans, renew jobless benefits and grant a one-year reduction in Social Security taxes for millions.
The emerging agreement also includes tax breaks for businesses that the president said would contribute to the economy's recovery from the worst recession in eight decades.
Obama said there were elements of the deal he personally opposed, including an extension of expiring income tax cuts at upper income levels and a more generous deal on estates. But he said he decided that an agreement with Republicans was more important that a stalemate that would have resulted in higher income taxes at all income levels on Jan. 1.
"Make no mistake, allowing taxes to go up on all Americans would have raised taxes by $3,000 for a typical American family and that could cost our economy well over a million jobs,'' he said at the White House.
Senate Majority Leader Harry Reid, D-NV, reacted curtly to the president's announcement.
"Now that the president has outlined his proposal, Senator Reid plans on discussing it with his caucus tomorrow,'' his spokesman, Jim Manley, said in a written statement.
One top Republican, Rep. Dave Camp of Michigan, was more positive. "This framework will allow us to extend all current tax rates and give economic recovery and job creation a chance,'' he said.
Democrats have repeatedly raised objections to including the upper-income in any plan to extend tax cuts enacted in 2001 and 2003 when George W. Bush was president. The Democratic-controlled House recently passed legislation to let the cuts lapse on incomes over $200,000 for individuals and $250,000 for couples. On Saturday, Republicans blocked an attempt by Senate Democrats to do the same.
Tax-cut deal reached between Obama, Republicans

By Shailagh Murray
Washington Post Staff Writer
Monday, December 6, 2010; 7:02 PM


President Obama and congressional Republicans agreed Monday to a tentative deal that would extend for two years all the Bush-era income tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months and cut payroll taxes for workers to encourage employers to start hiring.
The deal has been in the works for more than a week and represents a concession by Obama to political reality: Democrats don't have the votes in Congress to extend only the expiring income tax breaks that benefit the middle class. The White House estimates that the proposed agreement would prevent typical families from facing annual tax increases of about $3,000, starting Jan. 1.
Obama was able to extract an agreement from GOP leaders to support an additional 13 months of jobless benefits, a 2 percent employee payroll tax cut and extensions of several tax credits aimed at working families that were included in the stimulus bill.
The deal also would revive the estate tax, but it would exempt inheritances of up to $5 million for individuals and $10 million for couples. Democrats on Capitol Hill are strongly opposed to setting the cap at that high a level and to the 35 percent rate discussed by Obama and Republicans that would apply to the taxable portion of estates.
In brief remarks Monday evening, Obama said he was disappointed that the deal would extend breaks for the wealthiest households, but he warned Democrats not to make good on threats to allow all the cuts to expire, as an expression of the party's opposition to preserving the top-rate cuts. "Sympathetic as I am to those who would prefer a fight to compromise … it would be the wrong thing to do," the president said. "The American people didn't send us here to wage symbolic battles."
The White House is preparing for significant opposition from Democrats and will send Vice President Biden to meet with Senate Democrats on Tuesday. Later on Tuesday, House Democrats are scheduled to discuss the proposed deal.