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Tax Bill Passes Test Vote In Congress
The drama in Congress is over... so warm up the printers. Because
the $5 trillion in extra debt needed to fund just the incremental budget
deficit over the next decade as a result of the tax extension vote sure
is not going to fund itself. Reuters reports that a critical test vote
of the tax bill has passed by a margin of 214-201. And as the market
decides to use this pretext for another shake out ahead of tomorrow
critical opex, expect to see a surge, or a plunge... something, as long
as all the stops are triggered.
From Reuters:
An
$858 billion tax cut package brokered between President Barack Obama
and Republicans cleared a key test vote in the House of Representatives
on Thursday, after hours of delays.By a vote of 214-to-201, the measure won the majority needed to clear a
procedural hurdle needed for passage. The legislation would extend for
two years the Bush-era tax cuts that are due to expire on January 1.The Senate overwhelmingly approved the bill on Wednesday. A vote on a
Democratic bid to alter the measure by boosting the estate tax, and a
vote on final passage, are expected within hours.
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So zerohedge.com has been down for a while.
Kinda quiet 'round these parts.
It's still down via DNS. I had to go with the IP address:
188.126.66.68
Good thing I made a note of it????
WTF?
lol! Us Bobs are the only fuckers who know whats up!
Well Bob, I used zerohedge.org instead of .com.
I wonder whats going on.
Creepy. Was it something we said?
Lemme see: Was it "DHS can suck my ass"? Ya never know. Wish we could call DHS Customer Service--aren't those fuckers supposed to be working for us?
I dunno. Tyler just posted something since our dialogue but the front door of the site still isn't working.
Looks like the genuine liberal Representatives are either making a political gesture wrt the estate tax or taking a real stand.
Senate warned them they had to either swallow it whole or forget about it. Should be interesting. Looks like it's time to tune into MSNBC for the "progressive" dirt.
Please use zerohedge.org for a while. The other website DNS is having what appears to be terminal issues
Terminal in the same sense as wikileaks, me wonders?
My balls are having terminal issues.
I are confused yet again.So taxes are what's causing the deficit problem, i.e. not enough taxes? Seems like cutting the SPENDING side of the equation might work better towards reducing the deficit?