Is Now The Right Time For Tax Cuts?
FROM CNN's Jack Cafferty:
President-elect Barack Obama and Congressional Democrats are working on a plan to offer businesses and individuals $300 billion in tax cuts. Forty percent of it would come from an emergency stimulus package that is expected to total in the neighborhood of $775 billion.
Mr. Obama wanted the stimulus package on his desk when he assumes the presidency in 2 weeks. But this is Congress he's dealing with, and now we're being told they can't possibly have anything ready for his signature before early February. Meanwhile the economy continues to suffer big time. And the predictions are that without help things will likely get a lot worse.
The tax cuts are supposed to be the incentive Republicans need to support the stimulus package which is supposed to create jobs, jump start the economy and eventually help to turn things around.
The largest piece of the plan comes from the campaign trail. Something Mr. Obama called "Making Work Pay" which promised tax cuts of $500 per person or $1,000 per family.
Economists remind us that the rebate checks that were sent out last year to get people spending didn't work, so who knows if this will.
Here’s my question to you: Is now the right time for additional tax cuts?
Interested to know which ones made it on air?
Gaza Conflict: Is Pres.-Elect Obama's Silence a Mistake?
FROM CNN's Jack Cafferty:
It's been ten days since Israel launched attacks on Gaza. Since then, President-elect Barack Obama has remained silent on the conflict.
As an excuse, Obama is sticking to what he said right after the election, that there's only one President at a time and therefore it's up to President Bush to comment. He was even asked about it today and continues to say that he won't say anything.
Two of Obama's closest lieutenants, Joe Biden and Hillary Clinton have also managed to remain silent. Meanwhile many U.S. politicians have backed Israel.
Obama's critics are saying he isn't doing himself any favors with his silence. The Guardian newspaper says that as each day passes hopes are diminishing that Obama will make a fresh start in U.S. relations with the Muslim world and that he is losing ground with Muslims and Arabs. Al-Jazeera television showed video of the President-elect vacationing in Hawaii juxtaposed with video from Gaza.
Here’s my question to you: Is President-elect Obama making a mistake by remaining largely silent on the situation in Gaza?
Interested to know which ones made it on air?
Did Sen. Reid Take an Unnecessary Cheap Shot at Pres. Bush?
FROM CNN's Jack Cafferty:
The Obamas have arrived in Washington, and the Bushes are on their way out. The inauguration is just a couple weeks away.
The Bush Administration is, of course, trying to go out on a high note.
But leave it to "Mr. Sensitivity," to throw cold water on that idea. Yesterday on "Meet the Press" Senate Majority leader Harry Reid called President Bush, "the worst president we've ever had." Sort of the pot calling the kettle black, I mean Reid is not exactly a day at the beach himself.
It's not the first time Reid has said stuff like this publicly. In the past he called President Bush "dangerously incompetent." Reid isn't holding back even as President Bush packs his bags to leave town. You wonder why there's so much partisanship and ill will in Washington?
Reid doesn't seem to regret any of his words either. In the interview he said he just calls things the way he sees them. What a charming fellow.
Here’s my question to you: Is Harry Reid calling President Bush, "The worst President we ever had," an unnecessary cheap shot?
Interested to know which ones made it on air?
@jackcafferty on Twitter
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