Friday, December 17, 2010

House sends tax-cut compromise to president


The house wants tax-cuts for all. All they need is the president to sign. The measure would extend tax cuts for families at every income level, renew jobless benefits for the long-term unemployed and enact a new one-year cut in Social Security taxes that would benefit nearly every worker who earns a wage. The vote was 277-148, with each party contributing an almost identical number of votes in favor (the Democrats, 139 and the Republicans, 138). Opposed were 112 Democrats and 36 Republicans.


This would be very nice if taxes would be cut for awhile. This would give people time to provide presents to their children over the holidays. The favor votes were very close in number which means that no one knows the solution to our economic problem.


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