GOP Senators push for more tax cuts, dispute claim that stim is an infrastructure bill

[Danno 1,228]

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Senator Charles E. Schumer, Democrat of New York, said that Senate Democrats were interested in considering Republican proposals to do more to help the sputtering housing market, including instituting a $15,000 tax credit for all home buyers.

"One of the Republican proposals is to raise the $7,500 tax credit we give to new home buyers, raise it to up $15,000 and do it for all home buyers," Senator Schumer said on CBS's "Face the Nation." "That's something that we look favorably upon."

...

Senators of both parties also said on Sunday that they expected a significant amount of additional money — about $20 billion to $30 billion — to go toward infrastructure spending on such things as roads and bridges. Senator Schumer also said he supported an additional $5 billion for mass transit spending.

I don't like a credit for home buyers. For two reasons primarily:

It pushes off the painful adjustment the home market needs to go through. The market got itself into this situation, it will eventually get itself out, but only in time.

For metro areas, unless the credit is restricted to condos, it will continue pushing low density urban development which other programs have done in the past. Which in turn makes other programs like public transportation much less efficient, and make us much more reliant on cars.

Wow if this isn't a "Soviet Planners", flash back moment.

[Dan J 277]

More.

Senator Charles E. Schumer, Democrat of New York, said that Senate Democrats were interested in considering Republican proposals to do more to help the sputtering housing market, including instituting a $15,000 tax credit for all home buyers.

"One of the Republican proposals is to raise the $7,500 tax credit we give to new home buyers, raise it to up $15,000 and do it for all home buyers," Senator Schumer said on CBS's "Face the Nation." "That's something that we look favorably upon."

...

Senators of both parties also said on Sunday that they expected a significant amount of additional money — about $20 billion to $30 billion — to go toward infrastructure spending on such things as roads and bridges. Senator Schumer also said he supported an additional $5 billion for mass transit spending.

I don't like a credit for home buyers. For two reasons primarily:

It pushes off the painful adjustment the home market needs to go through. The market got itself into this situation, it will eventually get itself out, but only in time.

For metro areas, unless the credit is restricted to condos, it will continue pushing low density urban development which other programs have done in the past. Which in turn makes other programs like public transportation much less efficient, and make us much more reliant on cars.

Wow if this isn't a "Soviet Planners", flash back moment.

Anything the government does will change or influence patterns of development and investment. If we have the choice of what development we want to influence, why not take a more sustainable and efficient path to development instead of just contributing more to urban sprawl.

Public transit systems are only really good with sufficient population density. Otherwise they will end up being underutilized as people will be turn away by its inefficiency. Developing public transportation is good overall direction for our country to take, but it shouldn't be coupled with programs that in essence will make public transportation less efficient.

[peejay 327]

Sen. Kyl is a horse's #######. He's one of the immovable hardliners of the GOP and one of the reasons why the Party has lost its grip.

Just 2 years ago in 2006 he jumped on board the Teddy Kennedy illegal alien amnesty along with that senile old fool McCain. Maybe he has learned a thing or two since he decided to jump in bed with the ultra-Left. If your hardline meter is calibrated on anything to the right of Teddy boy you might be on to something, but....

Hey, I'm a conservative that believes the infrastructure of the US has been neglected for years. Let's upgrade the vital infrastructure of our country and put unemployed Americans to work building our country's future. I'm against disguising legislation that is just a boondogle to redistribute wealth and pander to liberal feel good causes but does nothing long term to add value to our country and economy. Throwing crumbs to the masses and make-work projects are boondogles. If we are going to spend this massive amount of money and shoulder this level of debt we should expect some sort of added value return to the American people. If spending this kind of money doesn't do that, then open a soup kitchens and let the bad times pass.

I'm damned glad the opposition refuses to roll over. The last election was not a landslide or a mandate. It was a loss in faith in how things were going all around on a multitude of issues. Changing times require a different way of thinking, but it is not a blank check for anyone. When our leaders are wrong we all pay the price.

Edited February 2, 2009 by peejay

[Danno 1,228]

More.

Senator Charles E. Schumer, Democrat of New York, said that Senate Democrats were interested in considering Republican proposals to do more to help the sputtering housing market, including instituting a $15,000 tax credit for all home buyers.

"One of the Republican proposals is to raise the $7,500 tax credit we give to new home buyers, raise it to up $15,000 and do it for all home buyers," Senator Schumer said on CBS's "Face the Nation." "That's something that we look favorably upon."

...

Senators of both parties also said on Sunday that they expected a significant amount of additional money — about $20 billion to $30 billion — to go toward infrastructure spending on such things as roads and bridges. Senator Schumer also said he supported an additional $5 billion for mass transit spending.

I don't like a credit for home buyers. For two reasons primarily:

It pushes off the painful adjustment the home market needs to go through. The market got itself into this situation, it will eventually get itself out, but only in time.

For metro areas, unless the credit is restricted to condos, it will continue pushing low density urban development which other programs have done in the past. Which in turn makes other programs like public transportation much less efficient, and make us much more reliant on cars.

Wow if this isn't a "Soviet Planners", flash back moment.

Anything the government does will change or influence patterns of development and investment. If we have the choice of what development we want to influence, why not take a more sustainable and efficient path to development instead of just contributing more to urban sprawl.

Apparently people like.. no, LOVE urban living because even with commute time they chose it most of the time.

Who are you and the central planners to force people into housing they don't want?

These planns for mass transit, road ways and others such development should "follow" the people not force the people beyond what is unavoidable.

Public transit systems are only really good with sufficient population density. Otherwise they will end up being underutilized as people will be turn away by its inefficiency. Developing public transportation is good overall direction for our country to take, but it shouldn't be coupled with programs that in essence will make public transportation less efficient.

So let me see, you have a dream that everyone will use mass transit ... and if people don't follow your expensive "Urban planning" plans... by golly, we'll make em!

What do you wanna bet, a-whole heck of a lot more-people wanna have a... house with a yard with enough open space around them to walk their dog with out a poop-glove...

than what you're insisting on?

[Dan J 277]

More.

Senator Charles E. Schumer, Democrat of New York, said that Senate Democrats were interested in considering Republican proposals to do more to help the sputtering housing market, including instituting a $15,000 tax credit for all home buyers.

"One of the Republican proposals is to raise the $7,500 tax credit we give to new home buyers, raise it to up $15,000 and do it for all home buyers," Senator Schumer said on CBS's "Face the Nation." "That's something that we look favorably upon."

...

Senators of both parties also said on Sunday that they expected a significant amount of additional money — about $20 billion to $30 billion — to go toward infrastructure spending on such things as roads and bridges. Senator Schumer also said he supported an additional $5 billion for mass transit spending.

I don't like a credit for home buyers. For two reasons primarily:

It pushes off the painful adjustment the home market needs to go through. The market got itself into this situation, it will eventually get itself out, but only in time.

For metro areas, unless the credit is restricted to condos, it will continue pushing low density urban development which other programs have done in the past. Which in turn makes other programs like public transportation much less efficient, and make us much more reliant on cars.

Wow if this isn't a "Soviet Planners", flash back moment.

Anything the government does will change or influence patterns of development and investment. If we have the choice of what development we want to influence, why not take a more sustainable and efficient path to development instead of just contributing more to urban sprawl.

Apparently people like.. no, LOVE urban living because even with commute time they chose it most of the time.

Who are you and the central planners to force people into housing they don't want?

These planns for mass transit, road ways and others such development should "follow" the people not force the people beyond what is unavoidable.

Public transit systems are only really good with sufficient population density. Otherwise they will end up being underutilized as people will be turn away by its inefficiency. Developing public transportation is good overall direction for our country to take, but it shouldn't be coupled with programs that in essence will make public transportation less efficient.

So let me see, you have a dream that everyone will use mass transit ... and if people don't follow your expensive "Urban planning" plans... by golly, we'll make em!

What do you wanna bet, a-whole heck of a lot more-people wanna have a... house with a yard with enough open space around them to walk their dog with out a poop-glove...

than what you're insisting on?

Not even close.

If you can afford it, you should be able to do what you want. If you want to live out of the city and commute in every day, good for you. Don't expect the government to provide subsidies or development to make such a choice more affordable.

Do people always get what they want?

[Danno 1,228]

More.

Senator Charles E. Schumer, Democrat of New York, said that Senate Democrats were interested in considering Republican proposals to do more to help the sputtering housing market, including instituting a $15,000 tax credit for all home buyers.

"One of the Republican proposals is to raise the $7,500 tax credit we give to new home buyers, raise it to up $15,000 and do it for all home buyers," Senator Schumer said on CBS's "Face the Nation." "That's something that we look favorably upon."

...

Senators of both parties also said on Sunday that they expected a significant amount of additional money — about $20 billion to $30 billion — to go toward infrastructure spending on such things as roads and bridges. Senator Schumer also said he supported an additional $5 billion for mass transit spending.

I don't like a credit for home buyers. For two reasons primarily:

It pushes off the painful adjustment the home market needs to go through. The market got itself into this situation, it will eventually get itself out, but only in time.

For metro areas, unless the credit is restricted to condos, it will continue pushing low density urban development which other programs have done in the past. Which in turn makes other programs like public transportation much less efficient, and make us much more reliant on cars.

Wow if this isn't a "Soviet Planners", flash back moment.

Anything the government does will change or influence patterns of development and investment. If we have the choice of what development we want to influence, why not take a more sustainable and efficient path to development instead of just contributing more to urban sprawl.

Apparently people like.. no, LOVE urban living because even with commute time they chose it most of the time.

Who are you and the central planners to force people into housing they don't want?

These planns for mass transit, road ways and others such development should "follow" the people not force the people beyond what is unavoidable.

Public transit systems are only really good with sufficient population density. Otherwise they will end up being underutilized as people will be turn away by its inefficiency. Developing public transportation is good overall direction for our country to take, but it shouldn't be coupled with programs that in essence will make public transportation less efficient.

So let me see, you have a dream that everyone will use mass transit ... and if people don't follow your expensive "Urban planning" plans... by golly, we'll make em!

What do you wanna bet, a-whole heck of a lot more-people wanna have a... house with a yard with enough open space around them to walk their dog with out a poop-glove...

than what you're insisting on?

Not even close.

If you can afford it, you should be able to do what you want. If you want to live out of the city and commute in every day, good for you. Don't expect the government to provide subsidies or development to make such a choice more affordable.

Do people always get what they want?

What subsidies are you talking about... paved roads to commute on?

I hardly call that Subsidies considering all the road tax and other fees that are paid by every driver.

Mass transit on the other hand is somewhat of a rip-off to every one except they ones who use it. Those who use it pay only a fraction of what it costs to build and or operate even a simple Bus system.

In fact if Mass transit had to be self supporting, no one would use it because it would be too costly.

I'm not against Mass transit, in certain demographics, but I can tell you, in my city it is a expensive catering service to those who can't seem to save up enough money to by a second hand car.

Even so, rarely are the buses even half full, typically less than a quarter.