Senate to Vote on Middle Class Tax Relief Act
By: David Holets | October 19, 2011
On Dec. 13, 2010, the Senate agreed in a procedural vote (83-15) to limit debate on a substitute amendment (S. 4753) to a House-passed bill (H.R. 4853) drafted to extend a number of expired and expiring tax provisions. The bill could be voted on by the Senate as early as Wednesday night, Dec. 15. The Congressional Budget Office has officially scored the bill as costing $857.8 billion over 10 years.
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Tags: Barack Obama, Bush Tax Cuts, Expensing, Extenders, Legislative Issues, Tax Research Credit, Research Credit, Obama, Fixed Assets, Fiscal Commission |
President Obama Announces Deal on Tax Reform
By: David Holets | October 19, 2011
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