Washington (CNN) -- House Democrats voted Thursday against considering the tax package that President Barack Obama negotiated with Republicans, raising questions over the president's influence in his own party.
Later, Senate Majority Leader Harry Reid, D-Nevada, released the first version of legislation to implement the negotiated deal and said the Senate would vote Monday to open debate on it. The Senate version made public by Reid was largely the same as the deal announced by Obama, but it added extensions of some tax breaks intended to spur green energy investment, such as ethanol use.
However, the vote by the House Democratic caucus was a defiant rejection of both the agreement on tax and benefit measures, as well as what many Democrats in the chamber perceived as being marginalized in the talks by the White House.
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Later, Senate Majority Leader Harry Reid, D-Nevada, released the first version of legislation to implement the negotiated deal and said the Senate would vote Monday to open debate on it. The Senate version made public by Reid was largely the same as the deal announced by Obama, but it added extensions of some tax breaks intended to spur green energy investment, such as ethanol use.
However, the vote by the House Democratic caucus was a defiant rejection of both the agreement on tax and benefit measures, as well as what many Democrats in the chamber perceived as being marginalized in the talks by the White House.
More at link...
Your taxes will have to rise some anyway JUST TO ADDRESS THE ADDITIONS TO THE DEFICITS AS A RESULT OF THE SHRUBS TAX CUTS FOR THE RICH AND A INVASION/OCCUPATION THAT WAS KEPT OFF THE BOOKS. Here are some more basic explanations as to the error in your logic: