November 19th, 2010
10:58 AM ET

House and Senate Democrats plan tax cut votes after Thanksgiving

Deirdre Walsh, Dana Bash and Ted Barrett

Washington (CNN) – Democratic leaders in the House and the Senate have decided to move ahead with votes after Thanksgiving to extend the Bush tax cuts for those making $250,000 or less.

These decisions come hours after Democratic leaders met at the White House with President Obama, where several sources say they talked extensively about the tax cuts. Until now, how or whether Democrats would proceed on the thorny issue of extending the Bush era tax cuts was unresolved.

In the House, Majority Leader Steny Hoyer told CNN that Democratic leaders have scheduled a vote. "At least that will be available for members to have a vote on," Hoyer said.

What is still unclear is if that House vote would extend so-called middle class tax cuts permanently, or just on a temporary basis.

In the Senate, Majority Leader Harry Reid said he plans to vote on the middle class tax cut extension most Democrats want, but he will also allow Republicans to hold a vote on what they are demanding: a permanent extension of all Bush-era tax cuts.

Full story on the CNN Political Ticker

Filed under: 360° Radar
soundoff (One Response)
  1. lou

    As the holiday season approaches I only hope that each senator and representative cry when their children are happily opening toys and gifts while many of their constituents have no money for food or clothing due to inaction before the brake down in our economy and refusal by them to extend unemployment payments. There are no jobs, what do you want them to do?
    They are willing to work but no one no one will hire them?!
    They are moving back in with their children and losing their homes that they worked so hard to pay for.
    They are in long lines seeking medical help with out insurance with out hope.
    Isn't American a wonderful place to live in???
    How much better would America be if the " Tax cuts" were money in the treasury and jobs were available in the USA!

    November 20, 2010 at 2:46 am |