Most Republicans want to extend all of the cuts, saying that any increase in taxes will hold back the economic recovery.
Obama and Democratic leaders are proposing to extend many of the cuts but say tax breaks for top earners should expire to help pare down growing national deficits. Click on an option to compare...
Source:
http://www.washingtonpost.com/wp-srv/special/business/comparing-the-tax-plans/?wpisrc=nl_natlalert
Unpleasant watching the Senate lately.
The DISCLOSE Act came up; every single Senate Republican joined together to block the bill from even getting a vote. A package of incentives and tax breaks for small businesses looked to be in good shape, but every single Senate Republican joined together to knock that down, too. 20 obviously qualified judicia
Source:
http://www.washingtonmonthly.com/archives/individual/2010_07/024976.php
Today, President Obama lashed out at the Senate GOP for continuing to block an extension of unemployment benefits.
Obama said, "They've got no problem spending money on tax breaks for folks at the top who don't need them and didn't even ask for them; but they object to helping folks laid off in this recession who really do need help.�
