December 13th, 2010
11:18 AM ET

Senate set to debate tax plan compromise

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2010/POLITICS/12/13/tax.deal/c1main.obama.gi.jpg caption="A senior White House adviser says it is time to move forward with the compromise." width=300 height=169]

CNN Wire Staff

Washington (CNN) - Senators are expected to open debate on the tax compromise reached by President Barack Obama and Republicans Monday, but House Democrats will likely try to change the deal, one of their leaders said.

Rep. Chris Van Hollen of Maryland, who heads the Democratic Congressional Campaign Committee, told reporters that the package will get a vote in the House despite a threat by House Democrats last week to prevent it from reaching the floor.

"What form the bill comes to the floor in is something that's under discussion and debate," Van Hollen said, later adding that the House "will have an opportunity to work its will, but there will be, as I say, discussions as to the form it takes when it arrives for that vote."

The Senate will be the first to consider the tax package, which would extend tax cuts from the Bush era for another two years while also funding unemployment benefits for another 13 months and enacting a one-year payroll tax reduction intended to bolster a sluggish recovery from the economic downturn.

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soundoff (2 Responses)
  1. Annie Kate

    The Congress should not be allowed to adjourn for the holidays until at least some of this bill is passed – the unemployment extension for sure. Too many people will be doing without this Christmas if the benefits are not extended. While Congress takes its time on this bill, people are suffering and do not have the time to wait on Congress to put on their usual show.

    December 13, 2010 at 10:34 pm |
  2. stewart

    There is a new sheriff in town and they are lovingly called the Republicans rich buddies. If I had any faith in the ability for our congress to help this nation it was lost in the back room deal making last week. For some reason our elected officials have thrown the American people overboard and jumped into the pockets of the highest bidder. Where do we go from here?

    One Voice

    December 13, 2010 at 1:19 pm |