Something forgotten

Under Senate rules, tax cuts inserted into budget legislation must receive 60 votes to become permanent. Otherwise, the breaks must expire after 10 years.

Passed 58 to 33, the 2001 the tax cuts received the support of a dozen Senate Democrats, while Republicans Sens. John McCain of Arizona and Lincoln Chafee of Rhode Island opposed them.



October 1, 2010 - Posted by | Uncategorized

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