Senate Dems to follow House on tax cuts
December 2nd, 2010
05:19 PM ET
10 years ago

Senate Dems to follow House on tax cuts

Washington (CNN) - Senate Democrats may soon follow the House Democrats lead and bring tax cut votes to the Senate floor.

According to Jim Manley, spokesman Senate Majority Leader Harry Reid, those votes could take place either Friday or Saturday.

Senate Democrats are talking about at least two votes. First, the bill the House passed today to permanently extend tax cuts only for those making $250,000 or less. And then New York Democratic Senator Chuck Schumer's idea to extend tax cuts for those making up to $1 million.

It's also possible Republicans may get a vote on their goal of extending all tax cuts for all tax brackets permanently.

None of these is expected to get the 60 votes needed to pass.

But, like the House, many Senate Democrats argue it's important to get on the record with their preferences and priorities before a tax cut deal is done. Several sources in both parties say Administration and Congressional leaders are getting closer to a broad agreement that includes a compromise to extend all bush era tax rates temporarily.

Filed under: Senate Democrats • Taxes
soundoff (54 Responses)
  1. Right Leaning Independent

    I can not wait for the Senate Repubs to send this bill to the trash heap!! All the Dems that believed in a fomer CNN story that the House passing the bill meant it was passed will cry themselves to sleep knowing that the big bad rich get to keep their hard earned money rather than giving it away to the poor folks – many whom are too lazy to get off their asses and work for a living... Heres a toast to the end of class warfare for the next two years... Now it is time to cut spending rather than taxing Americans to death!! It is gonna hurt so good..... Bye Bye entitlements....

    December 2, 2010 08:30 pm at 8:30 pm |
  2. Dan

    I'm not pegging myself as a republican or a democrat as politics are often insane on either side. I keep wondering how common sense got lost in todays politics. Why does everything have to be such a game? The country is headed for bankruptucy if it stays the course. The debt may already be unmanagable. Allowing those that have prospered in the current crisis to pay back more in taxes, to keep our economy from sinking, doesn't sound unresonable. Common Sense !

    December 2, 2010 09:06 pm at 9:06 pm |
  3. dwayne

    Republicans are determined to skyrocket deficit.

    December 2, 2010 09:09 pm at 9:09 pm |
  4. dwayne

    Thank you Democrates for tax cut vote today for middle class. – – THANKS

    December 2, 2010 09:13 pm at 9:13 pm |
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