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Congress Sends Tax Cut Bill to President Obama

(Dec. 17) - The House voted 277 to 148 Thursday to temporarily extend the Bush tax cuts, continue unemployment benefits for 13 months and approve a series of smaller tax credits, cuts and extensions.

House Moves Toward Final Passage of Tax-Cut Deal

WASHINGTON (Dec. 16) -- Acting with uncommon speed, Congress moved toward final passage Thursday night of sweeping, bipartisan legislation to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years. The measure also will cut Social Security taxes for...

Senate Passes Package Extending Tax Cuts

WASHINGTON (Dec. 15) -- The Senate Wednesday overwhelmingly passed a sweeping tax package that would save millions of Americans thousands of dollars in higher taxes while also reducing their Social Security taxes and extending jobless benefits. The $858 billion package now goes to the House, where many Democrats are...

Tax Cut Deal Advances in Senate

WASHINGTON (Dec. 13) -- Far-reaching legislation to avert a Jan. 1 income-tax increase for millions won overwhelming support in a Senate test vote on Monday, backed by an uneasy and unusual alliance between the White House and lawmakers in both parties. Even before the vote was complete, President Barack Obama said the...

Obama Predicts Tax Deal With GOP Will Pass

(Dec. 10) - Even though furious House Democrats rejected a White House deal with Republicans over extending Bush-era tax cuts, President Obama predicts any tax legislation that makes it through Congress will stay true to the existing "framework" of the compromise.

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THE HUFFINGTON POST

bush tax cuts News From the Web

12/02/10 Truth about the Bush tax cuts Source: Concord Monitor - Concord NH For eight years Democratic leaders and the media have been condemning the "Bush tax cuts for the rich."