Pages

Friday, December 17, 2010

President to Sign Tax Law



House of Representatives Dec. 18, 2010 - Vote Tally
House of Representatives Dec. 18, 2010 - Vote Tally
Video Playlist
Washington, DC
Friday, December 17, 2010
The President is set to sign in to law the Middle Class Tax Relief Act of 2010 (H.R. 4853) later this afternoon. Despite opposition from some Democrats, the House worked late into the evening Thursday, passing it by a vote of 277-148.
The measure, negotiated by President Obama and Senate Republicans, will allow tax cuts for all income levels to continue for two years and extend unemployment insurance benefits for jobless Americans for 13 months.
House Minority Leader John Boehner (R-OH) vowed to push for a bill next year that would fund the government at 2008 levels during a press conference held earlier today. He praised the Senate for dropping plans last night to pass a package of spending bills, known as the omnibus. The incoming House Speaker also talks about the Republican majority’s agenda for the 112th Congress and other economic measures.

No comments:

Post a Comment