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Senate GOP Blocks Democrats on Middle Class Tax Cut

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PTF On April 24, 2017

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Indiana,
#1New Post! Dec 04, 2010 @ 20:21:44
Senate GOP Blocks Democrats on Middle Class Tax Cut

Patricia Murphy
Capitol Hill Bureau Chief


Republican senators, joined by a handful of moderate Democrats, led a filibuster Saturday to block consideration of two Democratic proposals to permanently extend the expiring Bush tax cuts for all but the highest earners.

In a rare weekend session, senators voted 36 to 53 against moving to a House-passed bill that would have extended the Bush-era tax reductions for everyone making less than $250,000, as well as the first $250,000 of income for higher earners. That was seven votes short of the three-fifths majority (60) needed to break the filibuster. Four Democrats-- Joe Manchin of West Virginia, Jim Webb of Virginia, Ben Nelson of Nebraska, and Russ Feingold of Wisconsin-- voted with the Republicans to block action on the bill, as did Sen. Joe Lieberman, an independent from Connecticut.

Later, by a 37 to 53 vote, the Senate also stopped consideration of "the Millionaires' Tax," a bill that would have extended the Bush tax cuts for every American making less than $1 million per year, while returning income taxes to 2001 levels for everyone making more than $1 million annually. Democratic Sens. Richard Durbin of Illinois, Tom Harkin of Iowa, Jay Rockefeller of West Virginia and Feingold, along with Lieberman, voted with the Republicans.

President Obama said he was "very disappointed" in the Senate votes, but he added that what happened Saturday "cannot be the end of the discussion" on tax relief. He vowed to continue working for a compromise with the Republican side. "I'm confident we can do it," he said.

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>> This is not the way to get things underway.The GOP Senate(good guys)are looking out for all,not a select few for extending Bush's Tax Cut program.
There were few good Democrats seeing the light and help fight against this dude's Demos wrecking machine.
The healing has begun ! <<
Willi On August 21, 2018




northinmind,
#2New Post! Dec 04, 2010 @ 21:40:30
Quote:
tax reductions for everyone making less than $250,000, as well as the first $250,000 of income for higher earners.
Quote:
Later, by a 37 to 53 vote, the Senate also stopped consideration of "the Millionaires' Tax," a bill that would have extended the Bush tax cuts for every American making less than $1 million per year,
Quote:
President Obama said he was "very disappointed"

i am also very disappointed.
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