Senate Vote Boosts Obama’s Tax-Cut Bid
That pronounced blast of disapproval from the left-leaning ranks in the House of Representatives last week may not be enough to blow President Barack Obama's tax-cut proposal down, as the Senate gave it a strong vote of confidence Monday.
That pronounced blast of disapproval from the left-leaning ranks in the House of Representatives last week may not be enough to blow President Barack Obama’s tax-cut proposal down, as the Senate gave it a strong vote of confidence Monday.
Your support matters…Los Angeles Times:
The Senate could send the package to the House by midweek and then turn to remaining legislative priorities, including a nuclear arms reduction treaty with Russia, a repeal of the ban on openly gay military personnel and a youth immigration bill.
Still, House Democrats have yet to relent in their opposition to the tax-cut deal between the White House and GOP leaders, and they are expected to demand changes to the bill’s estate tax provision, which liberal lawmakers say is skewed to the wealthy.
Yet, as the Senate voted 83-15 to clear a key procedural hurdle, it became increasingly obvious that altering the package in either chamber could delay final votes and jeopardize other top goals before the Democratic-controlled Congress comes to a close at the end of the year.
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
Editorial Cartoons
Media
As mainstream outlets continue to focus on inflation, consumer sentiment about the economy remains staggeringly low.
Opinion
Staunch capitalists like Gurner tell us every day they want more exploitation and precarity for people just trying to get by.
Ear to the Ground
The administration says the moves will safeguard renters and promote rental affordability.
Business & Economy
The cost of living might be rising faster for them.
Asia Pacific
In India, Pakistan, and Sri Lanka, religious politics has led to economic disaster.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.