One Year Of Tax Hikes On The Rich Is Promptly Spent As $60 Billion Sandy Relief Aid Bill Passes

Tyler Durden's picture

After more than two months of political grandstanding, finally the $60 billion pork-laden Sandy relief aid bill has passed through the House in a 241-180 vote (with 1 democrat and 179 republicans voting no), with the vote passing courtesy of just 49 republicans who voted with the democrats. The reminder objected in protest "against a bill that many conservatives say is too big and provides funding for things other than immediate relief for New York, New Jersey and Connecticut" Politico reports. Specifically, the House approved a $50 billion relief bill, after several hours of contentious debate in which scores of Republicans tried unsuccessfully to cut the size of the bill and offset a portion of it with spending cuts. $9.7 billion had been already voted on January 4th for a flood insurance lending facility.The biggest winner today? Chris Christie whose anti-Boehner soapbox rant drama two weeks ago may have been just the breaking straw that forced the passage of this porkulus bill.

From Politico:

Republican and Democratic supporters of the bill argued throughout the day that everyone should support it, or run the risk of losing votes for future disaster bills that might help people in their districts.


"Florida, good luck with no more hurricanes," Rep. Frank LoBiondo (R-N.J.) shouted to any member who might oppose the bill. "California, congratulations, did you get rid of the Andreas Fault? The Mississippi's in a drought. Do you think you're not going to have a flood again?


"Who are you going to come to when you have these things? We need this, we need it now. Do the right thing, as we have always done for you."


Minority Leader Nancy Pelosi (D-Calif.) issued a similar warning to members who oppose the bill."


I hope that we can have an overwhelming bipartisan vote," she said. "I think that ideally… that would be the right thing to do.


"But as a practical matter, you just never know what mother nature may have in store for you in your region, and you would certainly want the embrace of the entire nation around you and your area, for your constituents, for your communities, for our country."

In other words, let's cut spending... but not when that spending may involve me being the benficiary. Incidentally, this is precisely why the US government will never, ever address the true cause of its insolvency: spending. Because doing so may mean being unable to rely on other, generous taxpayers when push comes to shove.

Scores of Republicans ignored these warnings and voted to either cut the bill or offset parts of it with cuts elsewhere. But there were not enough deficit hawks to overcome the many Republicans who favored the bill as it was presented, along with nearly every Democrat.

And yet another reason why the debt ceiling deal has no choice but to be enacted, with the usual theater, is the following:

The other big vote was on whether to offset the $17 billion baseline bill with a 1.63 percent cut to discretionary government programs. The sponsor of this language, Rep. Mick Mulvaney (R-S.C.), argued that while prior disaster bills did not have offsetting spending cuts, Congress is now operating in the context of a $16 trillion debt.


"The time has come and gone in this nation where we can walk in here one day and spend nine or 17 or 60 billion dollars and not think about who's paying for it," Mulvaney said.


But Mulvaney was rebuffed by House Appropriations Committee Chairman Hal Rogers (R-Ky.), who opposed the idea of subjecting discretionary programs to an across-the-board cut. That left Mulvaney asking all members why Congress can't find cuts to fund important disaster recovery aid.


"Just tell me what you are willing to do without," said Mulvaney. "Are we willing and able to do without anything so that these people can get this money this year?"


Mulvaney's amendment failed 162-258, as Republicans split on the proposal 157-71. The vote split GOP leaders, as Majority Leader Eric Cantor (R-Va.) voted for it, while Majority Whip Kevin McCarthy (R-Calif.) and Budget Committee Chairman Paul Ryan (R-Wis.) voted against it.

So, basically, there is nothing that the House was willing and able to do without. But yes: spending cuts.

Funny stuff.

And putting it all into context, $60 billion just happens to be the annual benefit from the Obama tax hikes on the rich. And just like that, the entire first year's budget benefit was spent in under 2 weeks.

Because if you tell them there is more money, they will gladly take it...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
monad's picture

Theft. Fuck you, congress!

Surely this is enough to lure Corzine out of his secret lair...

JPM Hater001's picture

Yeah, this is the earliest in the year I remember being sold out...

lolmao500's picture

Really? When republicans tea partiers ``took over`` in 2010, it took less than a day for them to turn on their promises.

knukles's picture

Tax and Fucking Spend Incarnate

max2205's picture

Must raise debt ceiling to pay for that which we committed too.

A full years marginal tax increase gone, poof! Now what

Zer0head's picture

 when the tax bill passed and Boner was re-elected, the congressional  (if there ever was one) Tea Part became a footnote, dems and reps are the same and now they don't even try and hide it.

TruthInSunshine's picture

People should realize that the Porkapocalypse like this, much of which will flow to things totally unrelated to "the storm of the century that was a million times worse than Katrina," and that will also conveniently allow people of great means to rebuild their coastal homes, despite not having property insurance that would allow them to otherwise do so (thanks, oh generous taxpayers, as Chucky "Fuck Flyover Country" Schumer would say) that is doing the nation in, by death of trillions in papercuts, is equally the fault of both parties.

Or has anyone missed how these types of bloated, pork over-laden appropriation bills pass with "just enough" votes of the "opposition party?"

What an incredible "whew!" moment it must be when the votes are tallied, with CONgress scum waiting anxiously for the final vote count, to find out that the latest in CONgressional lard-ness  has passed in a squeaker...with the "opposition" party then claiming the moral high ground for "opposing it." /s

Harbanger's picture

Big Govt is expensive.  So we tap anyone working for higher taxes, what else. .  We are well beyond tax increases making a difference, but that won't stop Obama and the Democrats from playing their class warfare socialist meme.  Obama has absolutely no desire to reduce spending, in fact he's trying to expand Govt spending as fast as possible.  The system is just running on pure debt until doesn't. 

natty light's picture

Just like California Measure 30 money: Poof!

markmotive's picture

Tax the poor, save the rich!

Hilarious - Conan O'Brien slams AIG's new 'ad for America'

Go Tribe's picture

Money is god today, so why's everyone surprised that the government worships so religiously?

nmewn's picture

The Tea Party (as you must know) is a faction.

"Mulvaney's amendment failed 162-258, as Republicans split on the proposal 157-71. The vote split GOP leaders, as Majority Leader Eric Cantor (R-Va.) voted for it, while Majority Whip Kevin McCarthy (R-Calif.) and Budget Committee Chairman Paul Ryan (R-Wis.) voted against it."

From the crevices of my mind I recall this...

Pool Shark's picture



Great video nmewn: Waxman gets pwned! (I'll bet he still doesn't understand the difference between a bond holder and an unsecured creditor.

btw, We had a big frost here over the weekend in California; I lost a few plants; WHERE'S MY DISASTER RELIEF???!!!

[might as well just go ahead and write checks to everyone...]

Spider's picture

At least Congress is consistent.  That's good...right?

lolmao500's picture

Consistent in their treason yes, the only thing they are not is the degree. The more time passes, the more treasonous they get... so I guess that they would be consistent on that too... the rate at which they become more treasonous.

DeadFred's picture

But is dT/dt a constant or is it also accelerating?

thexperience's picture

it is accelerating to the point of escape velocity...enjoy the ride!

The Gooch's picture

Yes! No!

They ALL love pork.

max2205's picture

It's really a NE secret stimulus bill

Thanks for voting O in.

Xibalba's picture

Meanwhile we should start another WAR in Africa.  I dunna, maybe Mali for instance.  They've got natural resources to offset the costs, right?

knukles's picture

DefDep (Afrocom) announced the other day they'd be active in 35 African countries in 2013... training, and troopies may return fire on enemy (undefined term) to protect themselves.


Falconsixone's picture

It's all pork from a pig that's turned to dust. Leave it the way it is to match the rest of the new world order up.

espirit's picture

By the time the pork is taken off the top and the major players paid, the 50 billion won't even scratch recovery efforts.

Just wait until the screaming starts over what's left.

PGR88's picture

Why don't you put blame exactly where it lies?

Dingleberry's picture

This hurricane was obviously sent by God to give Jersey and Wall Street a much needed enema.  

francis_sawyer's picture

It takes $85 billion [per month] of JOOBUX, at last count [printed out of thin air] to keep the Ponzi running [& the beneficiaries siphoning PHYZZ off the top in the process]... I'm supposed to be worried about this?

fonzannoon's picture

You just nailed it FS. Who gives a shit. I am the first one to yell at everyone in NY that they should not live next to the fuckin water. But you know what? Fuck it. If you are going to give a trillion a year to a bunch of bankers then hook up everyone else too in some way. Let's ride this ponzi into the sunset. The faster the better.

francis_sawyer's picture



My only regret [& error] is to have called them 'JOOBUX'...

I should have been MORE ACCURATE in describing them as ['DOLLARS' which print themselves ~ due to some unknown & androgynous phenomenon]... It's gotta be some nano-tech kinda thing that nobody has ever heard of before...

My bad [if I'm wrong]... As with MOST things... I'm the first in line to gather up a group and hit the first notes of 'KUYBAYA' & sing away the issue... That usually solves the world's problems... ECKS - pecially on INTERNET BLOGS...

espirit's picture

Just call them DOLLAHS.  Same as moolah.  But a long way from being Real Dollars. 

Colonel Klink's picture

I believe the proper term is Juden Fetzen.

Never One Roach's picture

Fonz...I am beginning to be as pessimistic as you. My neighbor down the street is on the credit card hole for over $65k and hasn't paid any of them in what does he do? Goes to the home improvement store which promptly (incredibly!) hands him yet another credit card which he uses to redeocrate his entire house...

....then he tells all of them to take a hike!

Fewer and fewer give a heck at every level.

fonzannoon's picture

I have my friends and family all telling me I am pessimistic....Now I have people on Zerohedge of all places telling me they are beginning to be as pessimistic as me....Holy shit I better start taking some happy pills....Thanks Never one that really puts things in perspective for me LOL. Never one don't go down my road. Hang in there man.

I always thought it was not so much optomism or pessimism as it is reality. Bring up math and people shut down. I try to live in reality. But shit maybe I am off in the deep end.

The funny thing is I believe that if we get a reset we at least have a chance to start over and things can get better. So that makes me an optomist or a pessimist? I give up....



francis_sawyer's picture


I'm happy as shit...

I bought another tube of Ag ASE's today... I'll only be sad when my boat springs another fucking leak...

fonzannoon's picture

@ Francis Sawyer..I am pretty happy myself. Good for you man. Enjoy your time man. I heard somewhere that on a long enough timeline....

Completely and totally unrelated...anyone seen Slewie?

knukles's picture

Holy Be-Jesus, just the other morning I was sittin' listenin' to a bunch of my buds yakin' over coffee and I thought the same thing.
Please, where are those blue pills?

I'm happy but not delusional.  Well they'd say I'm fuck nut bat shit crazy, which the say all the time then tell me they'd wished they'd listened... some recompense for a bat shit crazy man...

Eyes Wide Shut Incarnate

francis_sawyer's picture

Dog knows where I'd be without other 'peeps'... Whether or not they think I'm batshit crazy... Only the JEWS [on this site] think I should be sent to the gas chamber... [Which is ODD, because I don't feel the same way in reverse... I only think they should stop being SHITS & stop trying to hold the world economy hostage because they're a bunch of fucking greedy pricks]...

Raynja's picture


i always enjoy reading your posts, you tell it like it is.

optimism and pessimism are just delusions for the weak of mind, they have no place in truth.

fonzannoon's picture

Thanks Raynja, I am a big fan of a lot of people on here. Knukles brought me the waterboys "fishermans blues". I can't listen to that loud enough. Awesome song.

joego1's picture

Water boy blues, cool! Check out my sons band "The Bucky Walters"

DeadFred's picture

Catchy music best danced to the west coast swing.

CrimsonAvenger's picture

Favorite song ever: This is the sea. That's the one I have to crank.

francis_sawyer's picture

Slewie will be back... He misses us dearly...


BTW [I posted this on a different thread today]... Anecdotally ~ I was (as mentioned above), IN the coin shop today... EARLY ~ like minutes after they opened... There was only one other dude in there at that moment... He was actually EXCHANGING about 10 AGE's for about a monster box worth of 10 oz. Ag bars...

No comment ~ just sayin'... [because a transaction like that isn't like buying a pack of Juicy Fruits]...

Zer0head's picture

I thought slew was back in the hole for a probation thing

francis_sawyer's picture

Naw ~ I highly doubt it...


Tyler is "OZ" [the great  powerful]... He never TOOK nothin' from the TIN MAN...


zorba THE GREEK's picture

We need to help those poor people that had $5,000,000 homes on the beach rebuild their

homes and add a heated indoor pool.

Go Tribe's picture

As long as you don't bitch and complain all the time, you're fine. Nobody likes a whiner.

Shevva's picture

When the Rome and British Empries collapsed it was like a very big wet brown fart not a sudden explosion. The good old US is just starting to realise it's pants might not be big nough to hold the shit thats about to happen.

Be opptimistic that the pants will hold if I was you.