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Wednesday, July 25, 2012

Senate GOP vote against 99% on tax cuts

This just goes to show all of us that when it comes to the class warfare in this country, the majority usually don't matter because with this congress, money talks.

Senate passes Democratic tax plan, rejects GOP version
By Ted Barrett and Alan Silverleib
CNN
updated 6:47 PM EDT, Wed July 25, 2012

The Senate passed a Democratic plan to extend Bush era tax cuts and rejected a Republican proposal Wednesday.

STORY HIGHLIGHTS
NEW: Obama praises Senate vote while top Republicans blast it
Senate passes a Democratic tax plan while rejecting the GOP alternative
GOP wants to extend Bush-era tax cuts for all; Democrats want $250,000 income ceiling
Neither plan is expected to win full congressional approval

Washington (CNN) -- The U.S. Senate on Wednesday passed a Democratic plan to extend the Bush-era tax cuts for middle income Americans while rejecting a Republican alternative to continue all of the cuts -- twin votes that help to crystallize the position of the two parties on a critical issue heading into the fall campaign.

The Democratic proposal passed in a sharply polarized 51-48 vote, while the Republican plan was defeated 45-54.

Vice President Joe Biden, the constitutional presiding officer of the Senate, was on hand to cast a tie-breaking vote if necessary.

Strategists on both sides of the aisle acknowledge that neither plan has a chance of passing both the Democratic-controlled Senate and the Republican-controlled House of Representatives. GOP leaders in the House have indicated they have no intention of bringing the Democrats' plan to a vote.
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