Tax Cut Extension Survives House Vote, Boehner’s Ire
According to a clearly disapproving Rep. John Boehner, the House of Representatives’ vote Thursday in favor of keeping tax cuts for people earning less than $250,000 a year was tantamount to “chicken crap.” However, that didn’t affect the outcome, with most House Democrats joining forces to make the most of their majority while it lasts. –KA
Wait, before you go…Los Angeles Times:
The final vote was 234-188, with 20 Democrats joining a nearly unanimous block of Republicans against the plan.
The vote in Congress’ lame-duck session was a symbolic one boosted by Democrats, still in the majority, who sought to force Republicans to vote against a tax cut.
Republicans, who want an extension of the lower rates at all income levels, framed the vote as one that would raise taxes on small-business owners who create jobs.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
There are currently no responses to this article.
Be the first to respond.