Senate to Pass $858 Billion Bush-Era Tax-Cut Measure
This article is for subscribers only.
The U.S. Senate is poised to pass President Barack Obama’s $858 billion proposal to extend Bush-era tax cuts for all income levels, cut payroll taxes and extend expanded jobless benefits.
The chamber took up the measure today and will consider three amendments before final passage. The amendments would require a two-thirds supermajority for adoption.