Play it again, Sam!

Tea Partied House Republicans, recently, voted to deregulate banking institutions by repealing a key provision in the Dodd-Frank anti-bailout legislation.  Their repeal reduces the amount that Wall Street Banks would have to put up for a future financial crisis and will ensure that taxpayers will have to bailout Wall Street Banks (again)!

On the positive side, the US Senate narrowly passed a Democratic plan to extend expiring tax breaks for “all American families making less than $250,000 per year “with those making above $250,000 paying higher taxes in 2013!

Here's the catch!   The bill will most likely fail when it’s brought before the Republican House majority  since House leaders Boehner and  Cantor, already, announced their plans to have their foot soldiers pass a summer vote to extend tax cuts for the wealthy and increase taxes for middle class and poor families  (again)!

If Republican House representatives would just  pass  President Obama’s Jobs Bill, middle class and poor families could afford to organize a discount travel pool; get on a plane; fly to Casablanca and avoid paying Tea Partied Republican tax hikes like somebody else we  all know– here's looking at you kid!

GOTTA VOTE
http://www.gottavote.org/en/

SOURCES:

House Republican Serve the Banks by Voting To Repeal Key Anti-Bailout Provision
http://thinkprogress.org/economy/2012/04/19/467404/republicans-repeal-anti-bailout/

CHART: House GOP Budget Cuts Taxes for the Rich, Raises Taxes on the Poor

http://thinkprogress.org/economy/2012/04/12/463694/gop-budget-raises-taxes-on-poor/

Bush Tax Cut Extension: House Republican Leaders Plan Summer Vote

http://www.huffingtonpost.com/2012/05/25/bush-tax-cut-extension_n_1546703.html

US Senate approves tax cut for middle class, not wealthy

http://www.brecorder.com/taxation/181/1221233/