Wednesday, December 15, 2010

Budgetary Kabuki

Color me confused at the moment. After the House Democrats freaked out about allowing the top tax bracket to remain as it is, rather than jumping the tax on the so called wealthy, Democrats in the Senate decided that millionaires need unemployment insurance. The measure to eliminate millionaire benefits was brought as a small token to pay for the continuation of the tax cuts and the extension of unemployment benefits. And it was small, very small, saving an estimated $100 million over the next ten years. Was it purely theater, absolutely. But it is fun to see Democrats now standing up for millionaires.
Also note that Jon Tester voted with the Republicans against the measure. I am beginning to think that Jon needs to get a name change. After all, for the next two years he is going to be called "endangered Democrat" Tester. But after 2012 he can go back to just plain Jon.
Or "the former Senator."

No comments: