Extension of the Bush Tax Cuts

  • Aired:  12/07/10
  •  | Views: 42,505

Extending the Bush tax cuts is the fresh injection of sameness that America's stagnant economy needs. (2:51)

( APPLAUSE )

>> STEPHEN: THANK YOU, LADIES

AND GENTLEMEN.

THANK YOU SO MUCH.

FOLKS, THANK YOU VERY MUCH.

WELCOME TO "THE REPORT."

THANK YOU FOR JOINING US.

THANK YOU.

PLEASE, NATION.

FOLKS, NATION, YESTERDAY THE

BUSH TAX CUTS WERE EXTENDED FOR

EVERYONE.

AFTER EIGHT WEEKS OF FIGHTING,

REPUBLICANS AND DEMOCRATS

FINALLY SHOWED BIPARTISANSHIP IN

THAT REPUBLICANS OFFERED

PARTISANSHIP, AND THE PRESIDENT

AGREED TO BUY IT.

OF COURSE, THE DOOM-CRYING

MATHLETES OUT THERE SAY THAT IN

JUST THE NEXT TWO YEARS ALONE,

THIS EXTENSION OF THE TAX CUTS

WILL ADD $501 BILLION TO THE

DEFICIT, BUT WILL IT REALLY?

I MEAN, RIGHT NOW THE DEFICIT IS

$1.3 TRILLION.

BUT IF YOU MAKE THE DEFICIT BIG

ENOUGH, EVENTUALLY WE'LL ONLY

SEE ZEROS.

NO DEFICIT.

AND, FOLKS, IF WE JUST KEEP

ADDING TO IT, EVENTUALLY IT WILL

REACH INFINITY, AND WE JUST TURN

OUR HEADS SIDEWAYS AND, BOOM,

IT'S AN EIGHT.

EIGHT.

THAT'S NOT MUCH.

I'LL PAY THAT OFF MYSELF.

HERE'S A SAWBUCK.

HERE'S A SAWBUCK.

OKAY.

KEEP THE CHANGE, AMERICA.

AND THESE TAX CUTS DON'T JUST

FIX THE DEFICIT, FOLKS.

THEY FIX THE JOB MARKET.

RIGHT, JOHN BOEHNER?

>> I THINK EXTENDING ALL OF THE

CURRENT TAX RATES WILL BE THE

MOST IMPORTANT THING WE CAN DO

TO HELP CREATE JOBS IN THE

COUNTRY.

>> STEPHEN: YES, DOING NOTHING

IS THE INJECTION OUR STAGNANT

ECONOMY NEEDS.

JIMMY, UNLEASH THE PROSPERITY.

THERE YOU GO, AMERICA.

THERE YOU GO.

THERE'S YOUR PROSPERITY,

AMERICA.

OH, AND WHAT'S THIS?

UH-OH.

OH.

THIS WAS MY BENEFIT FROM THE TAX

CUTS.

IT'S HARD TO TELL BECAUSE IT

JUST GOT DESTROYED ON THE

DISSENT, BUT MY BALLOON WAS MADE

BY LOUIS VUITTON.

( LAUGHTER )

( CHEERS AND APPLAUSE )

OH, WELL.

ALL OF THE JOKES FOR THE NEXT

MINUTE ARE ABOUT MY BALLOON.

( LAUGHTER )

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