
Majority Whip Dick Durbin (D-IL) “said Monday he expects the Senate to vote on a measure to extend some of the 2001 and 2003 Bush tax cuts before Congress adjourns in early October to campaign for the mid-term elections,” Market News International reports.
Speaking on Bloomberg TV, Durbin said a Senate vote to extend the middle class portion of the Bush tax cuts is likely to occur within "the next two weeks."
Senate Majority Leader Harry Reid has also said he expects the Senate to vote on extending at least some of the Bush tax cuts before Congress leaves Washington to campaign for the Nov. 2 mid-term elections.
Durbin did not spell out the exact procedure that will be used to vote on tax cuts in the Senate.
He signaled clearly that any attempt to pass the full Bush tax cuts, including those for the wealthy, would be blocked by a Democratic filibuster.
Durbin said he is “very confident there are not 60 votes in the Senate to extend the entire Bush tax cut regime.”
(credit image – daylife/associated press)
great news! let’s hope that they have the balls to actually stick to it!!