Thursday, December 2, 2010

The House Passes Tax Cuts for Middle Class 234-188


Well, here we go as 'The Mess in Congress' series continues. Today the House passed the Democratic bill to extend middle-class tax cut.
Here's more:
The House has passed a bill to extend middle-class tax cuts while letting those for the wealthy expire, even as talks continue on extending the cuts for everyone.

The bill is a political maneuver to satisfy Democratic supporters who oppose extending tax cuts for the wealthy. Even if the bill passes the House, it has no chance in the Senate, where Democrats need Republican support to pass a tax bill.
Sweeping tax cuts enacted under former President George W. Bush expire at the end of the year. A small bipartisan group of lawmakers and Obama administration officials continued negotiating Thursday on a deal that could extend all the tax cuts, at least temporarily.
The House passed the Democratic bill by a vote of 234 to 188.
The Senate is next, let's see what happens.

source

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Viktor is a small town southern boy living in Los Angeles. You can find him on Twitter, writing about pop culture, politics, and comics. He’s the creator of the graphic novel StrangeLore and currently getting back into screenwriting.