House passes bill to extend Bush tax cuts

The House of Representatives passed a bill to permanently extend Bush tax cuts on incomes between 200,000 dollars and 250,000 dollars, USA Today reported.

20 Democrats opposed excluding the wealthy from further tax relief, and three Republicans supported the bill, Politics Daily reported.

The bill was not designed for individuals or families making more than 250,000 dollars, USA Today reported.

However, the bill was not expected to clear the Senate, where the Republicans have the majority, Politics Daily reported.

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This page contains a single entry by mitic001 published on December 2, 2010 3:30 PM.

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