- Aug 26, 2007
- Reaction score
- San Antonio Texas
- Political Leaning
Growing reservations among Democrats about letting tax rates rise for wealthy Americans are making it more unlikely that Congress will decide what to do about the looming expiration of Bush-era tax cuts before November's election.
Democratic leaders are set to return to Washington on Monday determined to send a populist message with a bill that lets the tax cuts expire for couples making $250,000 or more, while renewing them for people who earn less. Republicans want to extend the tax cuts for everyone.
Rank-and-file Democrats, however, are split. Earlier this summer, four members of the Senate Democratic caucus expressed concern about letting the rates for upper-income Americans rise to previous levels—independent Joseph Lieberman of Connecticut, and Democrats Ben Nelson of Nebraska, Kent Conrad of North Dakota and Evan Bayh of Indiana
FOXNews.com - Rift Over Tax Cuts Widens Among Democrats
I thought they had a "plan" for this, what happened to the plan man?
Also, side note, this pisses me off, both sides should be slapped repeatedly for letting it get this bad:
The divisions within their party make it unlikely that Democrats can craft a bill that could gain the 60 votes needed to pass the Senate.