Fair
50°
Crystal Lake, IL
Fair|Forecast »

Senate passes cuts for all but richest Americans

WASHINGTON — The Senate has debated, sniped and voted on the politically fraught issue of tax cuts, and next week it'll be the House's turn. Still, Americans won't know until after the November elections how much more of their paychecks will go to the government next year.

Turning both houses of Congress into a campaign stage on one of the defining issues of the presidential and congressional races, Republicans and Democrats are putting each other on record over which Americans, if any, should receive an extension of former President George W. Bush's income tax cuts.

The Senate opened the drama Wednesday with surprise debates and passage of a Democratic bill fashioned on President Barack Obama's proposal to extend the income tax cuts to all but the wealthiest Americans through 2013. It passed even though the measure stands no chance of surviving the Republican-led House. Meanwhile, the Senate rejected a GOP amendment to extend the cuts to all taxpayers. House Speaker John Boehner, R-Ohio, intends to bring up that measure in his chamber next week.

Story Archived

Only the most recent 7 days of articles are available for free. For articles older than 7 days there is a small fee for retrieval from our archive. If you are a registered member of the site, the content is free just by signing in below.

Please sign in with your Comment Member ID and password.

Did you purchase access?

Member ID:
Password:
Forgot Your Password?
Register to comment.

Purchase Access
To allow for flexibility, we offer a variety of options for purchasing articles:
Purchase options


Having trouble?

If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at archivedesk@shawmedia.com


Reader Poll

Which gaming system do you own?

Xbox
Wii
PlayStation
other
more than one