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Reply #3: Senate tried to pass middle class only tax cut on Saturday. It failed. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 09:41 AM
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3. Senate tried to pass middle class only tax cut on Saturday. It failed.
Republicans blocked it. That's the background. If he had the votes for middle class only taxcuts, that is what he would prefer. But he doesn't.

It sucks but that is the reality of the Senate.

It is probably worth noting that the entire package is 800 to 900B. Out of that money, 75B goes for the taxcuts to the top 2%. That is less than 10% of the total package. Some DU'ers seem to think the whole 900B is being given to the top 2%. Most of the money is for middle class and below tax cuts, earned income tax credit, etc.

The top 2% tax cut part pisses me off and I am glad Dems in the house are giving him some hell about it.
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