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Developments in just the last hour may change the way that Republicans and conservatives look at the math, though. Harry Reid has scheduled two votes on Saturday: 1) A vote to extend tax cuts to people making $250,000 per year or less, and 2) A vote to extend tax cuts to people making more than a quarter million dollars. How exactly are Republican Senators going to play that one? Vote no on both bills, and be held responsible for everyone's taxes going up? Vote yes on both bills, and watch a likely Democratic defeat of the bonuses for billionaires? Or will they pull some stalling tactic out of their asses, and just let the tax breaks expire for everybody? Any way you slice it, the Repubicans' use of the party of no behavior probably won't work here. I don't say this often, but I'm proud of my Senator, Harry Reid right now.
Reid Says Senate Will Vote Saturday on Two Democratic Tax Plans
The U.S. Senate plans to vote Dec. 4 on two Democratic proposals to extend Bush-era income-tax cuts, Majority Leader Harry Reid said tonight. . .
Read more at: Bloomberg Businessweek