Stimulus jockeying begins in earnest

February 9, 2009

Over the weekend, the chances for a stimulus package relatively soon improved greatly. A group of Senators met on Saturday to devise that legislative body's answer to the previously passed House bill.

But there's much work to be done. And it looks like the original deadline of having a measure signed by Obama by the Presidents Day holiday probably won't be met.

The reason: There's still lots of political sniping going on, not only between Democrats and Republicans, but also within the parties. Some of the down-and-dirty details are chronicled in U.S. News' Political Bulletin.

Now I'm not saying that politicians need to act or react based upon opinion polls, but a Gallup survey conducted late last week is interesting. The polling group found that most Americans lay the blame for the legislative gridlock so far on Republicans.

Stimulus gallup poll (2)Gallup graphs courtesy of Politico.com

As Politico's Glenn Thrush notes, "One poll isn't the story, but this seems to cut significantly against the Dems-in-trouble storyline" that some in the GOP have been pushing.

Update 11:10 a.m. CT: More pro Obama stimulus poll numbers out today. Details in Washington Post blog 44.

The Republicans also seem to have lost, at least for now, the backing of a traditional constituency.

Elsewhere on Politico, David Rogers reports that Sen. Arlen Specter (R-Pa.), in announcing his support of the Senate stimulus package, "pointedly read from a Chamber of Commerce endorsement. The National
Association of Manufacturers has also weighed in, telling Republicans
that votes on the bill  'including potential procedural motions' may be
considered for designation as key votes in NAM's scoring of their
legislative record."

Again, our lawmakers shouldn't govern based upon which way public opinion winds are blowing. But we do have, theoretically, a representative government, which means that the men and women on Capitol Hill serve, as the saying goes, at our pleasure.

It's time to quit using our down and almost out economy as a purely political tool. Every day, more Americans of every political persuasion are losing life savings and jobs. Members of Congress need to step up now or they, too, can join the unemployment ranks.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • If Congress, on either side of the aisle, wanted to make a useful and popular change in the federal tax laws it would be to stop taxing unemployment compensation. Benefits are typically so temporary and small, taxing them seems petty and callous.

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