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House OK's budget plan with tax hikes

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 05:14 PM
Original message
House OK's budget plan with tax hikes
http://www.rawstory.com/news/mochila/House_OK_s_budget_plan_with_tax_hik_03132008.html

House Endorses Budget That Would Raise Taxes Sharply While Increasing Domestic Programs

ANDREW TAYLOR
AP News

Mar 13, 2008 17:00 EST

The House has approved a budget blueprint that would raise taxes for millions of Americans by $683 billion over the next five years. It would also give generous increases to domestic programs.

The Democratic-written plan would bring the federal budget back into the black by letting all of President Bush's tax cuts expire at the end of 2010. It passed the House on a 212-207 vote with Republicans unanimously opposing it.

Across the Capitol, the Senate endorsed extending some tax cuts aimed at low-income workers, married couples and people with children.

All three presidential candidates returned to the Senate to cast votes on the plan.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

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DemocratInSoCal Donating Member (402 posts) Send PM | Profile | Ignore Thu Mar-13-08 05:23 PM
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1. LOL!!!
This will NEVER, EVER, EVER get signed by King george.

I'm willing to bet all my Gold investments on it.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 05:25 PM
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2. Letting all of President Bush's tax cuts expire is not the same as TAX INCREASES. Ending the gorging
of the rich is not the same as raising taxes on working people.
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 05:34 PM
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3. Why do they do this when they know they don't have the votes but
they say they can't possibly IMPEACH because they , all together now, Don't have the votes....
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 05:35 PM
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4. now Rawstory is repeating Republican propaganda
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