Senate to vote on “Sense of the Senate on Shared Sacrifice”

posted at 5:27 pm on July 5, 2011 by Tina Korbe

Senate Republicans were appalled last week when they learned Senate Majority Leader Harry Reid (D-Nev.) had scheduled no budget-related work for this week, given that the Senate supposedly sacrificed its Fourth of July recess just to address the debt and deficit.

Today, Reid responded to Republican criticisms — but surely not in the way Republicans would have wanted. He abandoned a vote on a resolution pertaining to the president’s military action in Libya and instead brought forward for consideration the following “Sense of the Senate”:

SECTION 1. SENSE OF THE SENATE ON SHARED SACRIFICE.

(a) Findings- Congress makes the following findings:

(1) The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year.

(2) Over the past 10 years, the median family income has declined by more than $2,500.

(3) Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals.

(4) Over the past quarter century, four-fifths of the income gains accrued to the top 1 percent of individuals.

(b) Sense of the Senate – It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.

Obviously, this sort of symbolic, political, partisan move is not the sort of substantive deficit-cutting and budget-creating work Sen. Jeff Sessions (R-Ala.), ranking member of the Senate Budget Committee, and others have called for — but it is the umpteenth indication that Democrats aim to increase taxes in whatever debt ceiling deal they strike.


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What a buffoon. Just can’t get any more UNserious than that.

petefrt on July 5, 2011 at 5:31 PM

Petulant brat.

massrighty on July 5, 2011 at 5:31 PM

But, same CEOs will support Obama, fools.

Schadenfreude on July 5, 2011 at 5:31 PM

What are Democrats sacrificing?

Not taxing ‘The Rich’ at 120%?

Colbyjack on July 5, 2011 at 5:32 PM

breathtaking

kerncon on July 5, 2011 at 5:33 PM

Great let Nancy Pelosi give 50 percent of her income to Uncle Sam. I’m okay with that.

txmomof6 on July 5, 2011 at 5:33 PM

(3) Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals. These individuals also pay forty percent of all federal income taxes.

drewwerd on July 5, 2011 at 5:34 PM

Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals.

Funny, no mention of the disproportionate contribution those people are already making in their list of “findings”.

Scrappy on July 5, 2011 at 5:34 PM

Thanks Navada.

jawkneemusic on July 5, 2011 at 5:34 PM

What is the democratics’ obsession with CEO salaries? Envy or what? All these CEOs that the democratics love to hate and that make those big bucks would fit into one of little Bammie’s fundraisers. They don’t matter that much.

slickwillie2001 on July 5, 2011 at 5:36 PM

The sense of the voters of this country is NO NEW TAXES as evidenced by the 2010 election. Obama calls for all parties to come to the table ready to compromise and Harry Reid in his typical partisan mode pulls this crap out of his hat. Well Harry, put your hat back on or we’ll make sandwich out of what you’re pulling out of it, one that you can eat.

stefano1 on July 5, 2011 at 5:36 PM

What an embarrassment. Stop trying to steal more money from people.

The democrats will never stop spending. Never. Their entire party is built around making people dependent on them.

They will never stop.

darwin on July 5, 2011 at 5:37 PM

In fact, I think all 535 members of Congress and the entire Executive Branch needs to write a voluntary check this week by Obama’s deadline of an additional 20% of their adjusted gross income. It only seems fair.

txmomof6 on July 5, 2011 at 5:37 PM

What is the Sense of the Senate on what those new tax rates should be???

WashJeff on July 5, 2011 at 5:37 PM

How about: “It is the sense of the Senate that any agreement to reduce the budget deficit should require the Senate Dems to submit a friggin budget!!!!!!!!!”

PackerBronco on July 5, 2011 at 5:39 PM

NONSENSE OF THE SENATE ON SHARED SACRIFICE

fify, Harry.

Lone Star on July 5, 2011 at 5:39 PM

If you confiscated %100 of the personal income of everyone in the top two tax brackets it would not equal the budget deficit for this year.

This isn’t about revenue, Charlie. It’s about fairness.
Barack Obama

Brian1972 on July 5, 2011 at 5:39 PM

The big salaries that the evil CEOs make are better left in their hands to stimulate the economy as they see fit, than to turn X% of it over to the federal government that will waste two-thirds of it through corruption and inefficiency and then award the rest to their political patrons for future votes.

slickwillie2001 on July 5, 2011 at 5:39 PM

The top 5% pay 59% all all taxes.

The top 50% pay 98% of all taxes.

I think we need some tax justice in the US.

Tax Justice!!!!!!!

darwin on July 5, 2011 at 5:40 PM

Sense of the (Democratic) Senate

Contradiction in terms?

Colbyjack on July 5, 2011 at 5:41 PM

Just more BS from Harry and company!

GFW on July 5, 2011 at 5:41 PM

How about a “Sense of the People” that the Senate should man-up and do their jobs or just resign?

cthulhu on July 5, 2011 at 5:41 PM

Tax Justice!!!!!!!

darwin on July 5, 2011 at 5:40 PM

Don’t bother calling The Justice Brothers, it ain’t their kind of justice.

Brian1972 on July 5, 2011 at 5:42 PM

What a colossal waste of time. Don’t put out a budget, don’t take up real matters of state, don’t name a post office, but create more class envy. Notice how this hate has changed from big oil, coal, doctors and pharma to the big rich. Typical prog plan to create an evil and attack it.

Kissmygrits on July 5, 2011 at 5:42 PM

It is the Sense of the People that Democrats are Senseless.

Roy Rogers on July 5, 2011 at 5:43 PM

Wouldn’t it be nice if there was come common sense of the Senate.

Stephen Macklin on July 5, 2011 at 5:43 PM

The Justice Brothers in Wisconsin

Brian1972 on July 5, 2011 at 5:44 PM

The United Socialists States of Amerika.

USSA.

portlandon on July 5, 2011 at 5:44 PM

The GOP is gonna get clobbered in this round because, again, there is ZERO PR management on our side. Idiots.

Apologetic California on July 5, 2011 at 5:45 PM

Well unfortunately this class warfare plays well with the “folks.” Everyone wants to tax the other guy.This is the platform the Democrats are going to run on…

sandee on July 5, 2011 at 5:46 PM

(b) Sense of the Senate – It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.

At what point does targeting a specific group for an increase in taxes rise to the level of a bill of attainder?

Also, should such legislation pass, I would imagine that some members of the congress (to say nothing of the current president) earned more than $ 1,000,000.00 last year.

massrighty on July 5, 2011 at 5:47 PM

The United Socialists States of Amerika.

USSA.

portlandon on July 5, 2011 at 5:44 PM

The Supreme Court of the United Socialist States of Amerika is proud to welcome our new Chief Justice Jesse Jackson, and newly confirmed Associate Justice Al Sharpton.

No Justices, No Peace!

Brian1972 on July 5, 2011 at 5:47 PM

(1) The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year.

Hey Dems, what about athletes, entertainers, etc.? Why aren’t you complaining about their private property too? *crickets*

(2) Over the past 10 years, the median family income has declined by more than $2,500.

This is a slight of hand. Is the size of the American family growing or shrinking? If it’s shrinking, then there are less contributors and there will be less “family” income.

This is all just “politics of envy” claptrap. These Leftists that have taken over the Dem party are indeed throwback Neo-Luddites. Unreal. They do wish to govern as we were a third world country.

visions on July 5, 2011 at 5:49 PM

And this will help or solve ………..?

Cindy Munford on July 5, 2011 at 5:49 PM

What is the democratics’ obsession with CEO salaries? Envy or what? All these CEOs that the democratics love to hate and that make those big bucks would fit into one of little Bammie’s fundraisers. They don’t matter that much.

slickwillie2001 on July 5, 2011 at 5:36 PM

Well unfortunately this class warfare plays well with the “folks.” Everyone wants to tax the other guy.This is the platform the Democrats are going to run on…

sandee on July 5, 2011 at 5:46 PM

Yeah, unfortunately a lot of people I know still see this as a problem.

redeye on July 5, 2011 at 5:49 PM

The GOP is gonna get clobbered in this round because, again, there is ZERO PR management on our side. Idiots.

Apologetic California on July 5, 2011 at 5:45 PM

Indeed; the RNC should be spending all they have to get the word out on the R position on this. ALL of the current R leadership should be holding pressers. It’s time for a publicity stunt or two by those we have placed in office.

massrighty on July 5, 2011 at 5:49 PM

How about we change it to something along the lines of

The Senate finds:

The median net worth of members of Congress is $xxx million dollars

Congress is responsible for 100% of all of the national debt accrued to this point.

Sense of the Senate – It is the sense of the Senate that any agreement to reduce the budget deficit should require that those in congress contribute the most money towards such a goal.

clement on July 5, 2011 at 5:50 PM

Reid is citing statistical income brackets as opposed to real flesh & blood individuals who move in & out of these brackets…

mjbrooks3 on July 5, 2011 at 5:51 PM

Shared sacrifice? That means everyone should pay at least a token’s worth of Federal Income taxes.

I had to laugh at Claire Mc on Hardball tonite. compromise! shared sacrifice! compromise! Only fair! Only logical! Only commone sense.

If the dems are means testing Medicare then the reps should compromise by raising taxes on the rich!

ie, if dems take from the rich on Medicare, the reps must also take from the rich on taxes!!

It’s only fair!

LOL

MaggiePoo on July 5, 2011 at 5:51 PM

ndeed; the RNC should be spending all they have to get the word out on the R position on this. ALL of the current R leadership should be holding pressers. It’s time for a publicity stunt or two by those we have placed in office.

massrighty on July 5, 2011 at 5:49 PM

The GOP look so blindsided and dumb when Democrats pull stunts like these. They absolutely are sleepwaling into this like the Hochul race. The GOP has no response besides whine and look like utter d!cks. Always defensive, never offense.

Apologetic California on July 5, 2011 at 5:52 PM

Obama, Reid, and Relosi won’t be satisfied until we catch up with Sweden.

Remember the author of Pippi Longstocking getting a bill for 102% of her income?

http://en.wikipedia.org/wiki/Pomperipossa_in_Monismania

The good news:

The story, a satirical allegory about a writer of children’s books in a distant country, led to a stormy tax debate and is often attributed as a decisive factor in the defeat of the Swedish Social Democratic Party – for the first time in 40 years in the elections later the same year.

fred5678 on July 5, 2011 at 5:54 PM

Harry Reid may go down as the absolute worst Majority Leader ever, in the United States Senate. He hasn’t passed a budget in 2 years, he refuses to debate the issues of the day, and only can come up with insignificant votes that are purely political.

With the Democrats, it’s always form over substance and Harry Reid and his fellow leaders, are living proof of that. I actually don’t believe Chuck Schumer is any better. Have you seen one bit of substance coming from Chuck Schumers mouth?

Vote Republican and only be called a racist one more time.

bflat879 on July 5, 2011 at 5:55 PM

Delay, delay, delay, the Democrats aren’t even attempting to pretend to care. They are so transparently playing politics, waiting for the last minute to force a crisis, that they must have reassurances from the MSM that they’ll have their back, but the MSM is already hanging on a ledge with regard to their credibility.

FloatingRock on July 5, 2011 at 5:57 PM

F-

Del Dolemonte on July 5, 2011 at 6:00 PM

Reid: “When the top 1% of taxpayers pay 100% of all taxes, my job will be done.”

In 2008, the top 1 percent of tax returns paid 38.0 percent of all federal individual income taxes and earned 20.0 percent of adjusted gross income, compared to 2007 when those figures were 40.4 percent and 22.8.

The top-earning 5 percent of taxpayers (AGI over $159,619), however, still paid far more than the bottom 95 percent. The top 5 percent earned 34.7 percent of the nation’s adjusted gross income, but paid approximately 58.7 percent of federal individual income taxes.

fred5678 on July 5, 2011 at 6:01 PM

Shared Sacrifice = everyone pays their own share, i.e. a flat tax.

No more freeriders at the bottom.

Common Sense on July 5, 2011 at 6:07 PM

I think the best response for the Republicans is for the entire caucus to vote “present” on this one.

Steven Den Beste on July 5, 2011 at 6:07 PM

At what point does targeting a specific group for an increase in taxes rise to the level of a bill of attainder?

Also, should such legislation pass, I would imagine that some members of the congress (to say nothing of the current president) earned more than $ 1,000,000.00 last year.

massrighty on July 5, 2011 at 5:47 PM

Can you say waiver?

Ditkaca on July 5, 2011 at 6:10 PM

Sense of the Public…..guess, Harry, which mattress it is in.

Sincerely,
Us

Limerick on July 5, 2011 at 6:16 PM

Sense

and Harry Reid shouldnt be mentioned in the same sentence as they obviously have nothing to do with each other.

canditaylor68 on July 5, 2011 at 6:23 PM

Thank you Nevada for sending this buffoon back to Washington for 6 more years.

Obama’s right. I’m skipping on future trips to Vegas.

grahsco on July 5, 2011 at 6:32 PM

Do they even CARE how COMMUNIST this sounds???

Minorcan Maven on July 5, 2011 at 6:39 PM

If you see a grasshopper, dingy is a poster child for one from the picture. Acutally if can get the video of a slug doing it’s thing dingy, the d’s, and bho is there. Slug along, leave a nice little slime and you go eat the veggies, and no trace of you but the slime. At our house, we spray the little beggers to crater them. America, we need a Major spray in dc.
L

letget on July 5, 2011 at 6:42 PM

Enough pretense . . . these people are communists and they need to be voted out of office en masse. The milquetoast Republicans must stop their timid soft shoe and tell the people exactly what is happening to this once great Republic. Is their a single living politico with any guts?

rplat on July 5, 2011 at 6:59 PM

I note that shared sacrifice does not include Congressmen and staffers sharing the same health insurance and pension plans that the rest of the country does. Nor do they require Congress to fly commercial flights, give up foreign travel on the taxpayers’ dime or give up huge liquor allowances.

obladioblada on July 5, 2011 at 7:03 PM

(3) Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals.
(4) Over the past quarter century, four-fifths of the income gains accrued to the top 1 percent of individuals.

And what percentage of the population has been in the “top 1% of individuals” (whatever standard they’re using here)? Lots of individuals have rotated in and out of that group over the past quarter century.

Harry Reid is a pig and I can’t believe Nevada elected him again.

disa on July 5, 2011 at 7:15 PM

“Sense of the Senate on Shared Sacrifice”

How about the Senselessness of the Senate?

disa on July 5, 2011 at 7:16 PM

Shared Sacrifice = Tax the Rich

generouse on July 5, 2011 at 7:27 PM

The corrupt Harry Reid strikes yet again.

We’d need a domestic hemp industry to make enough rope to deal with all the traitors.

Adjoran on July 5, 2011 at 8:07 PM

Shared Sacrifice = Tax the Rich

which exclude me, my political colleagues, my union friends and my rich Democratic supporters.

DinobotPrime on July 5, 2011 at 8:08 PM

We’d need a domestic hemp industry to make enough rope to deal with all the traitors.

Adjoran on July 5, 2011 at 8:07 PM

After we’re done, we could party with the rest of the hemp!

massrighty on July 5, 2011 at 8:09 PM

How much is Air Pelosi and her hubby worth again? I agree, take it all away, take het government retirement plan, take her government health care plan, take her property, take her family’s wealth…take it all….then be back to me when you’ve proven you’re ready to be serious.

KMC1 on July 5, 2011 at 8:14 PM

What’s next?
“Sense of the Senate on if you were a tree what kind of tree would you be”?

mrt721 on July 5, 2011 at 8:35 PM

When will the voters of Nevada retire this walking corpse-man?

Key West Reader on July 5, 2011 at 8:52 PM

What is the democratics’ obsession with CEO salaries? Envy or what?
slickwillie2001 on July 5, 2011 at 5:36 PM

Seems like they are obsession with CEO salaries because they (democratics) believe they (democratics) should have that job.
Unfortunately they are incompetent boobs who couldn’t manage a head of lettuces.

Kinda like MSNBC, CNN obsession with FNC. The incompetent boobs at MSNBC, CNN bag on FNC do to FNC ratings. That’s much easier to do than actually upping their game to compete with FNC.

Unfortunately for MSNBC, CNN their obsession with FNC has driven viewers to FNC. The smart viewer figured out they could save time in their day/night by only watching one of them, why would someone watch MSNBC to find out what was said on FNC when they can just watch FNC.

Congress, rather than upping their game to competent, bag on competent CEO’s.

At lest that’s my first guess.

DSchoen on July 5, 2011 at 9:57 PM

At what point does targeting a specific group for an increase in taxes rise to the level of a bill of attainder?
massrighty on July 5, 2011 at 5:47 PM

How can you use a term like “bill of attainder” without a graphic telling us dolts what that means!

DSchoen on July 5, 2011 at 10:27 PM

How can you use a term like “bill of attainder” without a graphic telling us dolts what that means!

DSchoen on July 5, 2011 at 10:27 PM

1. I have faith in my fellow conservatives.
2. I assume bing, for those who don’t know what it is.
3. I got your sarc, even without the tag.

massrighty on July 5, 2011 at 10:33 PM

4. I have a higher opinion of you than David Brooks does.

massrighty on July 5, 2011 at 10:34 PM

THANK YOU NEVADA!

GarandFan on July 5, 2011 at 11:55 PM

My corporation is making record profits, the execs are making money hand over fist at record levels in terms of income ratio vs their average employee…and they are sending half our jobs to the Czech Republic in the next 2 years. I may not have a job in 2013, and it’s going to be hard finding a new one because all the rat bastards are doing it. I’m pretty much down with skinning the lot of them. Got a complaint with that? Well come on down to your local burger joint to tell me about it, I’ll probably be flipping the burgers in 2014. Like most of the rest of America’s IT workers.

quikstrike98 on July 6, 2011 at 4:16 AM

(1) The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year.

Which is less than the income for America’s top 500 athletes and media personalities, including Harry Reid.

(2) Over the past 10 years, the median family income has declined by more than $2,500.

Most of it in the last 2 years.

(

(3) Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals.

30% of the taxes are probably paid by them.

(4) Over the past quarter century, four-fifths of the income gains accrued to the top 1 percent of individuals.

9/10ths of the taxes were probably paid by them.

(b) Sense of the Senate – It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.

They’re free to “contribute” more if the like.

elfman on July 6, 2011 at 7:31 AM

Can’t Republicans play their own bit of mischief by proposing amendments to the resolution? Like about 3 or 4 thousand resolutions?

olesparkie on July 6, 2011 at 8:04 AM

You don’t get it, do you? I’m a believer in the free market, but the free market, just like a republic, cannot function properly without ethical players who exercise self-restraint and good citizenship. Once upon a time CEO’s would turn down raises, knowing they were bad for morale–and they’d read the Biblical injunction “thou shalt not muzzle the ox that treadeth the grain.” i.e. don’t be making 30 times more than your average employee, for God’s sake. Our system is dysfunctional. Your average modern graduate of the Warton School of Business thinks “ethics” is a 4 letter word. Record profits? Multiple vacation houses? Still not enough. Offshore all those jobs to cheaper foreign workers, and to Hell with our countrymen, right? Happy 4th of July, the people paying 9/10s of your taxes are throwing their fellow citizens out of work, in a mass practice of high-tech treason.

quikstrike98 on July 6, 2011 at 8:31 AM

(1) The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year.

And how much have Government Staffers’ wages increased in 10 years?

tgillian on July 6, 2011 at 8:45 AM

And how much have Government Staffers’ wages increased in 10 years?

They didn’t go up 19 percent in one year, I can guarantee you that. I don’t know that we can legislate the problem away, as it’s a problem of ethics and morality–namely, our elites in both government and private industry have absolutely none of either.

quikstrike98 on July 6, 2011 at 9:15 AM

They didn’t go up 19 percent in one year, I can guarantee you that. I don’t know that we can legislate the problem away, as it’s a problem of ethics and morality–namely, our elites in both government and private industry have absolutely none of either.

quikstrike98 on July 6, 2011 at 9:15 AM

So we might be able to legislate this “problem” away? CEO reimbursement is typically tied to company performance. Corporations were slammed in 2009, doing better the year of this comparison.

elfman on July 6, 2011 at 10:47 AM

So we might be able to legislate this “problem” away? CEO reimbursement is typically tied to company performance. Corporations were slammed in 2009, doing better the year of this comparison.

Have you seen the figures on executive compensation vs compensation of the average American worker since 1970??? Executive compensation is orders of magnitude higher than their workers, going up on a geometrical progression. There is no corporate performance which warrants this, it’s just members of the board scratching each others’ backs. When the last CEO of my corporation retired, he had run the company into the ground, laid off thousands, allowed it to be bought out, then became Number One on MSNBC’s (yeah I know) “Hall of Shame” for executive golden parachutes, getting a 5 million/year retirement, another million/year “consulting fees”, a paid corporate jet, paid corporate limo, paid country club fees…oh yeah, and that same quarter they took the water cooler out of our office saying it “cost too much.” That was a knee slapper, tell me another one.

quikstrike98 on July 6, 2011 at 11:01 AM

So we might be able to legislate this “problem” away? CEO reimbursement is typically tied to company performance. Corporations were slammed in 2009, doing better the year of this comparison.

By the way, I note you don’t say anything about their continuing offshoring of jobs? As I say, I’ve always been a believer in the free market, but I’ve come to realize that for it to be a functional system, the players have to have a functional ethical framework. Maybe you haven’t been paying attention to the Wall Street scandals, Enron, I could go on and on. The execs are no more your friends than the Senators and Congresscritters on Capitol Hill who keep insisting that we’re not out of money, just so they can get re-elected. Our society in general is broke–and a lot of American workers are going out of jobs so that corporate America can get fatter paychecks. This isn’t good for the companies either, by the way. Recruiting underpaid, sub-par foreign workers to increase the bottom line is resulting in shoddy delivery of service to the American consumer. That doesn’t matter…increase the bottom line, get that fat bonus, jump ship before the company goes to Hell…

quikstrike98 on July 6, 2011 at 11:06 AM