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As for business and America's wealthy, they never had it so good, at the expense of middle and lower income households. They're struggling to survive during hard times, burdened by a government-business cabal under both parties, lavishing handouts to Wall Street and other corporate favorites while proposing austerity for working Americans, a topic several earlier articles addressed:
A Hopeful Sign
On December 9, CNN reported that "House Democrats voted Thursday not to bring up (Obama's tax proposal) in its current form," Rep. Chris Van Hollen (D. MD) saying:
"This message today is very simple: That in the form that it was negotiated, it is not acceptable to the House Democratic caucus. It's as simple as that. We will continue to try and work with the White House and our Republican colleagues to try and make sure we do something right for the economy and right for jobs, and a balanced package as we go forward."
The vote came a day after Vice President Biden said any changes would unravel the deal. Rep. Peter DeFazio (D. OR) said: "They said take it or leave it. We left it." He explained that technically the caucus resolution is non-binding, but he believes Speaker Pelosi "will follow the wishes of her caucus."
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