Senate Fails by Halfpenny
10/21/2011 // 2 Comments
October 20, 2011: $35 billion to keep teachers, firefighters, and first responders on the job failed in the Senate on a 50-50 vote. Tie-breaking votes in the upper house are anachronistic due to the Republican minority’s abuse of the filibuster, and this time the GOP leadership stated their moral objection to this legislation was that this bill would not increase the nation’s debt. The money would be allocated to the States but not be borrowed, in a plan reprehensible to the Republican caucus as the payment plan for this bill would increase taxes on income over a million dollars per year by HALF A PENNY.
Federal income tax on yearly income over one million dollars would have increased 1/2 of 1 per cent. First million, the important one, the “survival” million, no change. The second million and more…HALF A PENNY. If you happened to earn $1,000,001.00 this year you couldn’t pay it. WE DON’T MINT A COIN SMALL ENOUGH.
The last time Americans traded in this denomination was 1854. The President was Franklin Pierce, our 14th President. President Pierce’s cousin was the great-great grandfather of Barbara Bush, whose son George W. was our 43rd President, whose disastrous stewardship of our economy causes us now to seek his great-great-great grandfather’s coin.
Senate Republicans, whose party base is evangelical Christians, would be wise to see the hand of their fearsome god in this bizarre coincidence and pass this bill.
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I really respect what you’re providing here. Keep working that way. Take care!
Thanks Levitra…we’ll try and ‘keep it up’
–ed.