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Re: “Socially conscious options

Republicans may seek to exploit that anxiety by proposing bills to freeze current tax rates. As Congress returned from a five-week recess, McConnell proposed legislation to make the Bush-era cuts permanent, saying Democrats had enlarged government over the last two years and "now they want the tax hike to pay for it all."
"There is ample evidence that a bipartisan majority of the House would support a clean bill to ensure that no American faces a tax increase in this difficult economic environment," House Minority Whip Eric Cantor (R., Va.) said Monday.
Democrats have a card to play as well. Should Congress fail to act, the reductions will expire for everyone, opening Republicans up to accusations that they killed a tax cut because it did not benefit the wealthiest Americans.
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Posted by chenhongjuan on 10/11/2010 at 11:26 PM

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