The GOP managed to lose another "safe" seat, this time in Mississippi:
The AP calls a tight race for Democrat Travis Childers in Mississippi, a win for the DCCC and a symbolic win for Obama, the GOP bogeyman of choice in the conservative Mississippi district, and a very bad sign for House Republicans.I'm guessing the GOP will lose another net 30 or so seats in November at the current pace. John McCain doesn't give Republicans any reason to go to the polls. Enjoy your lower tax rates - you won't have them for long.
And, if you're making big bucks, they're already out to get you:
WASHINGTON - House Democrats are proposing a tax surcharge on millionaires to pay for a big increase in education benefits for veterans of the war in Iraq, lawmakers said Tuesday.
The plan, if accepted by rank-and-file Democrats, would clear the way for a vote Thursday on a long-stalled war funding bill that would pay for military and diplomatic operations in Iraq and Afghanistan into next spring.
Conservative "Blue Dog" Democrats blocked a vote last week over Democratic leaders' attempts to add an additional $51.8 billion over the next decade for veterans education to the $183.8 billion war funding tab. They insisted on finding a way to pay for the new benefit without simply adding to the deficit.
"What we're talking about is a one-half percent income tax surcharge on incomes above $1 million," said Rep. Mike Ross, D-Ark., a leader of the Blue Dog group. "So someone who earns $2 million a year would pay $5,000. ... They're not going to miss it."
So, what level does Ross think the millionaires will start to miss their money? You don't get to become millionaires by throwing away $5,000 here and there.
This is just the ugly beginning of what's to come.
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