Reply #59: Senate Republicans firm on tax cuts for rich

[Joanne98]

Source: Reuters

Senate Republicans have enough votes to block President Barack Obama's plan to extend tax cuts for the middle class while allowing those for the rich to expire, a spokesman for the Senate Republican leader said on Monday.

Republicans on Monday scrambled to regroup on the tax issue ahead of November 2 congressional elections after House of Representatives Republican Leader John Boehner appeared to open the door for a possible compromise.

Don Stewart, spokesman for Senate Republican Leader Mitch McConnell, said Senate Republicans are united on the issue. "There are no Republicans who support a tax hike," he said.

Obama raised the stakes last week when he accused Republicans of "holding hostage" middle class tax cuts to save lower tax rates for the top two income groups.


Read more: http://www.reuters.com/article/idUSTRE68B1SH20100913