(12/15/2010 8:00 PM EST) - The Senate has passed the Obama Tax Compromise. Both our Senators voted for passage.
OK...here are the facts behind the Obama Tax Cut Deal (now known as H.R. 4853). I'll let you decide if this is worth your money (or your kids' future).
First of all, here is what I'm basing this on: the Congressional Budget Office has published its Report on how much this will cost us. In short, this bill has a price tag of:
$892,852,000,000.00
over the next five years.
This means that, as soon as the President signs this bill, every living American - man, woman, baby - will owe $2,908.00...money that has to be eventually repaid. This comes to a cost of just under $600.00 every year through 2015. A family of 4 incurs $2,400.00 every year.
So, what is each of us paying for? Here is the breakdown in the costs for every individual American over each of the next 5 years:
Now, bear in mind that this is the cost for every American, whether working or not...better put that 2 year old to work!
Now, for this extra debt, a person making $60,000 per year gets nothing over what was received for the past ten years. Had the Bush tax cuts (which should now be labelled the OBAMA tax cuts) expired, that $60,000 income would have resulted in about $600.00 in higher taxes.
If you think this is a bad deal, you have only one option: LET YOUR ELECTED OFFICIALS KNOW! Here are the ways for West Haven residents to contact our Senators, Representative DeLauro...and the President:
Rep. Rosa DeLauro (D-3) (Click Link for email)
59 Elm Street, New Haven, CT 06510 Tel 203-562-3718
2413 Rayburn HOB, Washington, DC 20515 Tel 202-225-3661
Sen. Chris Dodd (D - CT) (Click Link for email)
30 Lewis Street, Suite 30, Hartford, CT 06103 Tel 800-258-6940
448 Russell Bldg, Washington, DC 20510 Tel 202-334-5341
Sen. Joseph Lieberman (I - CT) (Click Link for email)
One Constitution Plaza, 7th Floor, Hartford, CT 06103 Tel 800-225-5605
706 Hart Office Bldg, Washington, DC 20510 Tel 202-224-4041
President Barack Obama (D?) (Click Link for email)
The White House, 1600 Pennsylvania Avenue NW Tel 202-456-6213
Washington, DC 20500
Washington, DC 20500
These are the emails, phone numbers and addresses for voter comments only.
Make your voice HEARD NOW...or pay for your silence later.
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