Bush Tax Cuts: Fears Mount Of White House Cave On Top Priority
First Posted: 12- 2-10 03:44 PM | Updated: 12- 2-10 06:43 PM
http://www.huffingtonpost.com/2010/12/02/bush-tax-cuts-cave_n_791215.htmlWASHINGTON -- Democrats and Republicans tentatively agreed late Thursday to hold four "test votes" on Friday to see who holds the balance of power and what the final details of a tax-cut compromise will be, a top leadership aide tells HuffPost.
The four:
-- the House-passed bill, which caps the tax cut extension for families at the first $250,000 in income.
-- another bill, sponsored by Sen. Chuck Schumer, to cap the cuts at $1 million.
-- a bill from GOP leader Mitch McConnell, to permanently extend all the cuts.
-- a forth -- the key one -- still being finalized and probably calling for a two-year extension of all cuts.
The test votes will be "fake filibusters" -- ones to see if any measure can get 60 votes. Senate Democrats may meet as a caucus to discuss the plan tonight.
The schedule of Friday votes is the result of direct talks between Democratic Leader Harry Reid and McConnell late today. "We need to see where we all stand," said the aide.