Wednesday, July 25, 2012

BREAKING NEWS:: United States Senate votes on Bush Era Tax Cuts bills

BREAKING NEWS: United States Senate votes on Bush Era Tax Cuts bills.

FAILED - Republican Tax Cut Proposal - SB 3413, 3401 - Extends 2001 & 2003 tax cuts for ALL taxpayers for one year; dividends and capital gains tax relief.

Northeast Region Vote Breakdowon: (45-54)

Aye: Toomey (PA), Ayotte (NH),

Nay: Blumenthal (CT), Gillebrand (NY), Warner (VA), Collins (ME), Menendez (NJ), Casey (PA), Webb (VA), Shaheen (NH), Brown (MA), Kerry (MA), Schumer (NY), Lieberman (CT), Lautenberg (NJ)
PASSED Democratic Tax Cut Proposal - SB 3412, 3313 - Extends tax cuts for first $200,000 (individuals)/$250,000 (households) of earned income for all tax payers (aka - Middle Class tax cuts).

Northeast Region Vote Breakdown: 51-48

Aye: Blumenthal (CT), Casey (PA), Gillebrand (NY), Kerry (MA), Lautenberg (NJ), Menendez (NJ), Schumer (NY), Shaheen (NH), Warner (VA),

Nay: Ayotte (NH), Brown (MA), Collins (ME), Lieberman (CT), Snowe (ME), Toomey (PA), Webb (VA)

Obama's middle class tax cut extension passes.

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