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xxxsdesdexxx

(213 posts)
1. What exactly does the short-term fix include?
Sat Dec 22, 2012, 04:46 PM
Dec 2012

I might be forgetting something, or several things, but I thought it was only the following:

- Extend Bush-era tax cuts for all income below $250,000.00 for Married Couples
- Extend Bush-era tax cuts for all income below $200,000.00 for Individuals
- Extend unemployment benefits (affects 2 million Americans)
- Increase capital gains tax from 15% to 20%
- AMT (Alternative Minimum Tax) Patch
- Push back Sequestration to a later date

The deal might also include raising the "Debt Ceiling" for 2 years or so


Take a look at Senate Bill 3412. [link:http://thomas.loc.gov/cgi-bin/bdquery/z?d112:SN03412:| This is the bill that already passed the senate and that the president keeps asking the House of Representatives to pass.

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