December 2nd, 2010
03:59 PM ET
4 years ago

House passes tax cut extension

Washington (CNN) - With Republicans steadfast in supporting an indefinite extension of all Bush-era tax cuts, Democrats in the House and the Senate moved Thursday to limit the reductions, in full, only for families making $250,000 a year or less.

Senate Majority Leader Harry Reid announced on Thursday night that he was told a single unnamed Republican scuttled an agreement over a plan for several tax-related votes. Despite that, Democrats would go ahead and weigh in Saturday only on the two bills that many of their members supported.

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Filed under: House • Taxes
soundoff (28 Responses)
  1. Marcus

    Yo Morgan, what is the 'everything else that wastes money'? Schools (OK, read 'Education')? Roads & Bridges & Infrastructure? National Defense perhaps? Be more specific please.
    Fact – There are waste of taxpaying money.
    Solution – Denounce whoever does that and make their political/administartivel careers to go to an end.
    Fake Solution – End up the program in which money was wasted because of the waste itself, and not because (for example) the reason behind the existence of the program is gone or ended.

    December 2, 2010 05:22 pm at 5:22 pm |
  2. Jake

    John "come on in said the spider to the fly" Boehner and Colonel Mitch "third reich business comes first" McConnell must
    be turning various shades of red and orange in their anger right about now.

    December 2, 2010 05:24 pm at 5:24 pm |
  3. Sue

    Never underestimate the genius of President Obama. He didn't make it to the Presidency by not outsmarting the Republicans.

    December 2, 2010 05:29 pm at 5:29 pm |
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