Senate delays votes on extending Bush-era tax cuts

12/3/2010 | Politico (Washington, D.C.) · Hill, The

An agreement between Democratic and Republican senators to hold four votes on Bush-era tax cuts has fallen through, pushing any vote back to Saturday. Majority Leader Harry Reid, D-Nev., will start the procedure to debate a measure that would extend tax cuts for those earning less than $250,000 a year and a separate bill that would extend the cuts for those who earn less than $1 million annually. Although it appears neither proposal has enough votes to break a filibuster, Democrats are looking to use the votes to highlight their differences with Republicans, who want to extend all of the tax cuts.

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Politico (Washington, D.C.) · Hill, The