General Discussion
Showing Original Post only (View all)CALL CONGRESS RIGHT FUCKING NOW!11!!1!! [View all]
Seriously.
Senate Dems balk at ending Bush-era tax rates on wealthy without a deficit deal
By Alexander Bolton
The Hill
A growing number of Senate Democrats are signaling they are not prepared to raise taxes on anyone in the weak economy unless Congress approves a grand bargain to reduce the deficit.
At least seven Democratic senators have declined to rule out supporting a temporary extension of the Bush-era income tax rates, breaking with party leaders who have called for letting the rates expire for people earning more than $1 million per year.
That gives Senate Republicans a chance to push a temporary extension similar to the deal Minority Leader Mitch McConnell (R-Ky.) struck with President Obama in December of 2010.
Democrats running for reelection, such as Sens. Jon Tester (D-Mont.) and Joe Manchin (D-W.Va.), have declined to endorse their leaderships call for a tax increase on wealthy families.
The rest: http://thehill.com/homenews/campaign/233389-senate-dems-balk-at-ending-bush-tax-rates-for-wealthy