a while back I suggested that the republicans just re-extend the bush tax cuts.. then let Obama and the senate deal with being blamed for the tax increase
but I guess I didn't count on the media burying the lead..
the passed it in August.. and it has sat since... all the senate has to do is pick it up.. and pass it... and there is no cliff for another year..
but I guess I didn't count on the media burying the lead..
The Republican-controlled House passed legislation on a 256 to 171 vote that would extend the 2001 and 2003 Bush tax cuts on income, capital gains and dividends through 2013.
Republicans were joined by 20 Democrats in voting for the proposal, which would extend the tax cuts for all income levels.
The bill has no chance of advancing in the Senate, which is controlled by Democrats
For all the votes over the past few weeks, Congress is in the same place it has been all year. Unless lawmakers act, the Bush tax cuts – which President Barack Obama extended in 2010 – will expire on Dec. 31. At the same time, a two percentage point payroll tax cut will lapse and the estate tax will hit a broader range of families at a higher tax rate.
the passed it in August.. and it has sat since... all the senate has to do is pick it up.. and pass it... and there is no cliff for another year..