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March 11, 2004
US Senate -- the anti-California?
In Rebuff to Bush, Senate Raises Bar for Tax Cuts
The Senate dealt a surprising election-year rebuke on Wednesday to the White House goal of new tax cuts as it narrowly backed a new rule to require at least 60 votes to approve any tax cuts in the next five years.
Woah.
Four Republican senators — Lincoln Chafee of Rhode Island, John McCain of Arizona and Susan Collins and Olympia Snowe, both of Maine — joined Democrats in the 51-to-48 vote.
Mr. Bush has called on Congress to make permanent his tax cuts, which are scheduled to expire at the end of the decade. Republicans in Congress had already sidestepped action on his request this year, in an election campaign in which voters are concerned about the $478 billion budget deficit.
Posted by glyphic at March 11, 2004 01:21 PM
