Simpson, Labrador split votes on tax cut bill

Idaho’s two congressmen split their vote on the American Tax Relief Act that averted the so-called fiscal cliff.

Republican Rep. Mike Simpson voted for the compromise bill that made the Bush tax cuts permanent for families making less than $450,000 annually. Republican Rep. Raul Labrador voted against the bill that already had passed the Senate with the support of Idaho’s two Republican Sens. Mike Crapo and Jim Risch.

“While I remain a strong proponent of a more comprehensive approach to solving our nation’s long-term fiscal crisis, this bill is a critical piece of legislation that lowers taxes for nearly every taxpayer,” said Simpson. “The unfortunate reality is that under current law every taxpayer was hit today with a tax increase. The bill we passed blocks those tax increases for nearly all Americans.”

Labrador said he wasn’t sure either party is serious about addressing the federal budget deficit.

“This was a difficult vote, but as far as I am concerned the Biden-McConnell deal is worse than no deal at all,” Labrador said. “It temporarily ends the debate but does nothing to solve the problems that our country faces.”

Among its provisions the bill protects individuals making less than $400,000 and families making less than $450,000 from the tax increases contained in current law, passed a permanent patch to the Alternative Minimum Tax which was set to impact up to 30 million Americans, provides a $10 million per couple exemption from the estate tax, keeps Medicare payment to providers at the current rate and extends unemployment benefits through 2013.

“The passage of this bill does not diminish the fact that Congress and the White House must remain committed to a much larger and more comprehensive package of deficit reduction measures in the very near future,” said Simpson. “That package must include significant reductions in discretionary spending and major reforms to both entitlement programs and our outdated tax code.

Simpson has been part of a bipartisan coalition seeking a 10-year $4 trillion deficit reduction and tax reform package.

“These reforms should be aimed not only at reducing our deficit in significant ways, but at creating a pro-growth tax code and putting entitlement programs on a much stronger path toward solvency for both current and future retirees,” Simpson said.

Labrador said this compromise that did not include budget cuts undercuts efforts to get to real deficit and debt relief. But he still hoped the two sides could work together.

“Families across the country have had to learn how to do more with less but Washington has not been willing to do the same,” Labrador said. “Both parties and the president need to put partisan politics and tactics aside and actually make meaningful decisions that will fix our fiscal mess.”

Simpson vs Labrador

Simpson talks in statesman- like terms and voice.

Labrador sounds like a Tea Party conflicted drone. Link these two Labrador thoughts: he isn't sure if either pary is serious about deficit reduction but he still hopes the two sides could work together.

And then there's his idea that throwing the country back into a recession with no law at all is better than this law which SImpson clearly explains is a temorary relief for most citizens.

Yep

Simpson sounds real pretty as he screws the country further in debt, Deep Thinker. http://thehill.com/blogs/on-the-money/economy/275095-cbo-fiscal-cliff-deal-carries-4-trillion-price-tag

Thank you, Rep. Simpson.

I appreciate that you made a tough vote on legislation that was necessary, even though it is less than what you wanted.

Simpson Must GO!!!

Join me in sending Simpson home! I will do whatever I can to ensure this is his last term!

Alan Simpson left long ago.

What's Wyoming got to do, got to do with it?

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Apple users, run the Gig of RAM your PC needs to have and read the dumb tech white papers, wrinkle your forehead and buy more food and toilet paper with the difference. The internet is a piece of junk anyway and your cats know this.

Shocking!

Absolutely shocking!

Even more so-seeing the actual OO ID again! Welcome

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Apple users, run the Gig of RAM your PC needs to have and read the dumb tech white papers, wrinkle your forehead and buy more food and toilet paper with the difference. The internet is a piece of junk anyway and your cats know this.

Nothing but a liberal......

Simpson cares about the "people" of Idaho about as much as I care for that arrogant corrupt pig. The only thing he has ever done for the "people" of idaho is try and give away a big chunk of our most pristine wilderness area to get his own name on a National Forset in th middle of the state.
He nothing but an anti gay, anti abortion lib! I know you have to be a mormon to win any of these seats, but are there really no real conservaticve mormons out there?
Good for Labrador- keep fighting the good fight!
SIMPSON SUCKS....WAKE UP IDAHO !!!!!!!!

Watch it-he can route your canal (dentist)

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Apple users, run the Gig of RAM your PC needs to have and read the dumb tech white papers, wrinkle your forehead and buy more food and toilet paper with the difference. The internet is a piece of junk anyway and your cats know this.

Labrador = FAIL

Congressman, what is your solution? Lock up the entire country or compromise? Oh yeah, Compromise is not acceptable. Please people, please retire Raul. He continues to embarrass Idaho.

governance vs. idealogoical waste of time

Sorry Raul...you have to learn the one lesson most the the Tea Party guys fail to get. Be part of a solution (no matter how distasteful you find it) and stay focused on the bigger picture getting the Federal Deficit addressed. Now most taxpayers are at least not pawns for the press and the cliff has returned to a steep grade with running away truck lanes perhaps we can keep the pressure on these clowns to address the tax code, entitlements and and the rest we can not live with. The Limbaugh mentality really only represents a tiny number conservatives, who are resigned to fight about everything. On the other side Barry taking credit for anything here is a joke...what a lack of leadership. This is still a failure...the bank just did foreclose...yet.
60 days is not long...we still have to CUT spending and CUT it a lot...which is painful to most...sorry.

Thanks Mike

for your intelligent vote. It supports the compromise needed in government, and pragmatic solutions to real problems, rather than blind ideological blather. All should note that this bill is only the first step of many needed to resolve federal budget issues. Spending is too high - but will take more time to resolve.

A vote in favor of this bill was a vote to avoid a train wreck. Too bad about Labrador - he just doesn't get it.

Thanks, Rep. Simpson

Although I would liked to have seen the tax rates return to what they were in the 1990s, I appreciate Rep. Simpson's pragmatic vote. Simpson's conservative pragmatism will move this Congress forward to resolving issues and away from paralysis caused by idealogues on both sides. If more Republicans adopt his approach, the GOP will once again become competitive. Because of the Tea Party, Republicans have lost the Senate and lost seats in the House as well.

You have got to be kidding me

So for all of those of you supporting Mike Simpson's vote for this deal & criticizing Rep. Labrador's NO vote, please remember this when the debt climbs to $20,000,000,000,000 by the end of President Obama's second term and the interest payments alone on that debt will be $640,000,000,000 per year assuming interest rates do not increase between now and then. Even a 1% increase in interest rates would add another $200,000,000,000 per year making the interest expense close to $1 Trillion per year. This bill assures all adult Americans that we have, in fact, just handed our children a debt they can NEVER repay. With only 113,000,000 tax payers and assuming your children won't be losers and will, in fact, be tax payers, their share of just that interest payment will be $500 per month for the rest of their lives. That assumes no additional debt is added BEFORE or AFTER the end of the next Obama term. Thanks for trying Rep. Labrador.