iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Senate Passes Cuts for All but Richest Americans

“WASHINGTON (AP) — The Senate has debated, sniped and voted on the politically fraught issue of tax cuts, and next week the House is likely to do it all over again. Still, Americans won’t know until after the November elections how much more of their paychecks will go to the government next year.

House Speaker John Boehner said Thursday that his Republican-led chamber is “more than willing” to make Democrats vote on thePresident Barack Obama’s plan to extend former president George W. Bush’s tax cuts for all but the wealthiest Americans. He also is bringing up the GOP’s proposal to extend the tax cuts for everyone.

The outcome is almost certainly stalemated until the November elections, so leaders of both houses of Congress are turning the House and Senate into campaign stages on one of the defining issues of the presidential and congressional races.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. Scavenger

    The grandstanding senators didn’t pass anything other than their own gas.

    • 0
    • 0
    • 0 Deem this to be "Fake News"