Federal House members passed legislation, which will have to be coordinated with Senate legislations already approved, to continue dividend and capital gains rates through the end of the decade.

It's time we stop doing these two years extensions. If the tax cut is a good idea, it's good idea forever. Every time the Republicans try and extend they get beat up anyway, why not just extend for good and take the beating once and for all?

Forbes article

Detriot News suggests that the Republicans tried to pass a spending cut bill to cut about half of the money that this tax reduction will "cost" the budget. I disagree with the entire assumption that a tax cut "costs" the government anything. They didnt have the money, and werent using it wisely, theres no cost to them. They just need to function like a small business and zero base budget on what they got last year.

If they got 1 trillion dollars in 2005, they should only be able to spend 1 trillion in 2006. Is this so simplistic?