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Thread: Democratic accomplishments under Obama (without Republican support)

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    Democratic accomplishments under Obama (without Republican support)

    http://rescuetruth.com/politics/42-d...ot-know-about/

    25 Tax Cuts Passed By Obama & Democrats

    Individuals


    1. “Making Work Pay” tax credit
    2. Earned Income Tax Credit increased
    3. Increased Eligibility for Refundable Portion of Child Credit
    4. “American Opportunity” Education Tax Credit
    5. First-time Home Buyer Credit
    6. Temp. Suspension of Taxation of Unemployment Benefits
    7. Tax Credits for Energy-Efficient Improvements to Existing Homes
    8. Sales Tax Deduction for Vehicle Purchases
    9. Premium Credits for COBRA Continuation Coverage for Unemployed Workers
    10. Economic Recovery Credits to Recipients of Social Security, SSI, RR Retirement, and Veterans Disability Compensation Benefits
    11. Computers as Qualified Education Expenses in 529 Education Plans
    12. Plug-in Electric Drive Vehicle Credit
    13. Tax Parity for Transit Benefits
    14. Health Coverage Tax Credit Expansion

    Small Business

    1. Extension of Enhanced Small Business Expensing
    2. 5-Year Carryback of Net Operating Losses for Small Businesses
    3. Extension of Bonus Depreciation
    4. Exclusion of 75% of Small Business Capital Gains from Taxes
    5. Temporary Small Business Estimated Tax Payment Relief
    6. Temporary Reduction of S Corporation Built-In Gains Holding Period from 10 Years to 7 Years

    Other Business

    1. Advanced Energy Investment Credit
    2. Tax Credits for Alternative Refueling Property
    3. Work Opportunity Tax Credits for Hiring Unemployed Veterans and Disconnected Youth
    4. Delayed Recognition of Certain Cancellation of Debt Income
    5. Election to Accelerate Recognition of Historic AMT/R&D Credits

    Fun Fact: 1/3 of the $862 billion stimulus was for tax cuts, something Republicans claim to support … although they still stand against stimulus. I suppose it depends on who gets the tax cuts.
    Women’s Rights

    * Lilly Ledbetter Fair Pay Act
    o Protection against pay discrimination
    o Restores interpretation of Title VII of Civil Rights Act that protected women and other workers

    Financial Rights

    * Credit CARD Act
    o Prevents retroactive rate increases
    o Requires companies to provide 45 days notice before changing rates and other contract provisions
    o Additional restrictions placed on fees
    o Prevents companies from taking advantage of students
    o Ends unfair double-cycle billing practices
    * Financial reform bill
    o Establishes Consumer Financial Protection Bureau which seeks solely to ensure financial institutions are being fair to consumers, and improvement in the simplicity in contracts
    o Prevents taxpayer bail out of financial institutions
    o Allows the GAO to audit the Federal Reserve
    o Various mortgage and derivatives reform, etc.

    Education

    * Student loans[1]
    o Ends “socialistic” federal subsidies to banks and other financial institutions (Interestingly, Republicans are okay with the kind of socialism that redirects taxpayer money to banks and other financial institutions.)
    o Eliminates unnecessary “middle-man” in student loan process, which placed financial burden on taxpayers while banks took in profits
    o Annual student loan payment capped at 10% of income
    o Saves an estimated $61 billion over 10 years

    Health Care

    * Children’s health insurance bill[2]
    o CBO said bill will allow states to cover more than four million uninsured children by 2013, in addition to seven million already covered
    o Requires states to provide dental and mental illness coverage to children
    * Tobacco regulation
    o Provides graphic warnings on tobacco use risks
    o Restricts advertising to prevent marketing to minors
    * Health care reform
    o Insurers cannot cancel coverage when a person gets sick
    o Requires health insurance corporations to cover preexisting conditions
    o Eliminates lifetime limits
    o Allows insurance purchase across state lines
    o Allows young adults to stay on parents’ health insurance policy until 26

    Crime & Civil Rights


    * Hate crime legislation[4]
    o Provides protection for gay, lesbian, bisexual and transgender people
    * Tribal Law and Order Act
    o Provide additional means to reduce high rates of violent crime, including rape & sexual assualt within Native American reservations
    o View the rescuetruth.com post on the Tribal Law and Order Act

    Other

    * The Edward M. Kennedy Serve America Act
    o Expands service and voluteer opportunites
    o Benefits education, health care, energy, etc.
    * Stimulus
    o Cash for Clunkers successfully contributed to 680,000+ vehicle sales in summer 2009
    o Largest clean energy investment ever made
    * Reduced deficit by $122 billion[5]
    * Reduced federal spending by 2%[5]

    What didn’t get passed because of Republican obstructionism?

    * Health Care for 9/11 Emergency Responders
    * DISCLOSE Act (transparency in elections, specifically campaign financing)
    * Don’t Ask Don’t Tell repeal
    * Removal of $75 million cap on oil spill payouts
    * Elimination of tax incentives for companies shipping American jobs overseas, and creation of tax incentives to businesses bringing jobs home

  2. #2
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    Hey Sarge, I think you misunderstood the 'WhatthefuckhasObamadonesofar' thread.
    Check it out again...

    What the fuck has Obama done so far?

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    Quote Originally Posted by Inkslinger View Post
    Hey Sarge, I think you misunderstood the 'WhatthefuckhasObamadonesofar' thread.
    Check it out again...

    What the fuck has Obama done so far?

    Oh, haha. I didn't actually click the link. Whoever came up with that did a good job. But anyway, maybe some righties can refer to this thread when they start questioning the Democrats' accomplishments. Thanks.

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    There are some real lu lus in ther:

    Reduced federal spending by 2%

    what a joke that one is.

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    Proud deplorable Bigot Outdraw Poker Champion, Colinks :Swap Champion
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    Quote Originally Posted by justoneman View Post
    There are some real lu lus in ther:

    Reduced federal spending by 2%

    what a joke that one is.
    At least its not some biased lefty sight huh JOM? I mean this is rescuetruth. I mean with truth in the name at least they would never try to take sides would they!!

    I think the righty side could come up with a list very similar only it would look entirely different!

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    Quote Originally Posted by metheron View Post
    At least its not some biased lefty sight huh JOM? I mean this is rescuetruth. I mean with truth in the name at least they would never try to take sides would they!!

    I think the righty side could come up with a list very similar only it would look entirely different!
    So Obama spends a trillion dollars and somehow manages to cut the Federal spending by 2%. Its a miracle!! They have resuced the truth.

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    Is the assertion here that no Republican voted for any of those bills?

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    Quote Originally Posted by metheron View Post
    At least its not some biased lefty sight huh JOM? I mean this is rescuetruth. I mean with truth in the name at least they would never try to take sides would they!!

    I think the righty side could come up with a list very similar only it would look entirely different!
    At least you're not some biased moderator, right?....oh wait, never mind.

    What does the source have to do with anything? It's not opinion, it's fact. Do you dispute the list? Care to prove that the Democrats didn't accomplish that much?

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    Quote Originally Posted by bla bla View Post
    Is the assertion here that no Republican voted for any of those bills?
    We all know that Republicans gave minimal support to all of those bills. The truth hurts doesn't it? You see that long list of accomplishments and realize that Republicans stood on the sidelines while Democrats managed the country.

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    Quote Originally Posted by justoneman View Post
    There are some real lu lus in ther:

    Reduced federal spending by 2%

    what a joke that one is.
    That's all you have? Desperation isn't a good color for you. You don't wear it well.

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