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Thursday, December 09, 2010

House Dem Caucus Votes To Reject Tax Compromise


In a non-binding vote Thursday, the House Democratic Caucus voted to reject the president's tax compromise.
This is significant in the sense that it shows how many House Democrats are angry about the compromise with Republicans to temporarily extend the cuts for the highest earners, but it is not binding in regards to legislation that goes to the floor.
House Majority Leader Steny Hoyer of Maryland, who controls how legislation comes to the House floor, said on Morning Joe today that Democrats need to back the President's deal.
But sources tell NBC News that with enough GOP support, there are enough moderate Democrats and rank and file Democrats to reach 218 in the House.
UPDATE: NBC's Chuck Todd reports that House leaders still intend to bring the tax bill up for a vote as long as the Senate passes the legislation.

3 comments:

  1. The elites final orders will be to END ALL TAX CUTS.

    Don't we all know this deep down?

    Isn't the political process just a sharade?

    Don't we expect the government to RAISE all of our taxes - poor and rich equally?

    Right?

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  2. 12:14 no crazy person the dems were set to pass tax cuts for everyone in the country that makes less than $250k last week but it was the REPUBLICANS who shot that down

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  3. 2:39 It wasn't tax cuts they just weren't going to raise taxes. Now Obama is agreeing that the current tax law A.K.A. the Bush tax cut left in place will create jobs. All in all if the Dems didn't wait until the last minute on deciding what to do more jobs might have been created all ready. If their planning on raising taxes on business it will cause job loss the farce of calling it tax cuts for the rich falls on deaf ears.

    ReplyDelete

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