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Obama tax break deal clears Senate with George LeMieux and Bill Nelson voting in favor

AP: "The Senate has passed a sweeping tax package that would save millions of Americans thousands of dollars in higher taxes for the next two years while also reducing their Social Security taxes and extending jobless benefits.

"The $858 billion package now goes to the House, where many Democrats are unhappy with a provision that allows estates as large as $10 million to pass to heirs tax-free. Democratic leaders, however, say they expect the bill to ultimately pass and become law. A wide array of tax cuts enacted under President George W. Bush is scheduled to expire on Jan. 1 … just two weeks away … affecting taxpayers at every income level. The bill, which was passed by the Senate on a 81-19 vote would extend the cuts for two years."

Nelson called the projected cost -- $858 billion -- of the legislation "a bitter pill to swallow," but added that "I doubt that there is anybody in this chamber that wants the alternative."

LeMieux said the bill was "not without significant failings. In exchange for avoiding a tax increase, Washington’s politics-as-usual style of brokering has produced a bill that adds billions in deficit spending," he said.

Comments

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KnightroFTW

unlike LeMieux, i still hope this bill fails.

Kelly

This bill's a horrible deal, and LeMieux even said so himself, but he voted for it anyway. Why didn't he show some guts and vote NO like we asked him to?!

Bruce P.

because him and Nelson don't care about the deficit when it comes down to it, Kelly. they'll always choose more spending because it gives them more power. they're just no-good politicians.

Linda S

Terribly disappointed in Bill Nelson. How anyone with any sense can vote for this is beyond my comprehension. No one in Washington really cares one hoot for the American people, only if they can get elected again and they base all of their voting on the "next" election. I'm done voting ...... they win!

George Fuller

The only time you can count on real bi-partisanship is when it comes to spending OUR money!

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