thestatedtruth.com | December 16, 2010
The U.S. Congress passed an $858 billion bill extending for two years all Bush-era tax cuts, and now the measure goes to President Barack Obama for his signature. Majorities of both parties supported the bill. Voting in favor were 139 Democrats and 138 Republicans, while 112 Democrats and 36 Republicans voted against it. Eight lawmakers didn’t vote. The […]
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Tags: bush tax cuts, tax cuts
thestatedtruth.com | December 13, 2010
The $858+ billion bill to extend the Bush tax cuts has secured 60 votes in the Senate, the minimum needed to schedule a final vote. That tally effectively gives a green-light for the Senate to finish the debate and send the package to the House. Inquiring minds wonder what kind of pork was added to this monstrosity.
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thestatedtruth.com | November 30, 2010
Democrats have left themselves in a tough spot on the Bush tax cuts. After delaying the issue until after the election and then being trounced in that election, they find themselves with little leverage. If they cannot come up with a plan that can win 60 votes in the Senate, which means at least two […]
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thestatedtruth.com | September 28, 2010
September 28,2010 Stephen Ohlemacher Associated Press     WASHINGTON – A group of 47 House Democrats are telling party leaders they want to continue Bush-era tax cuts on investment income, breaking ranks with President Barack Obama and exposing divisions among Democrats over their party’s pre-election message about taxes. The lawmakers, led by Rep. John Adler, D-N.J., have […]
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Tags: bush tax cuts, tax cuts