House Expected to Pass Fiscal Cliff Bill in Late Night Session

Tuesday, 01 Jan 2013 09:07 PM

By Newsmax Wires

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
A source close to the House leadership tells Newsmax that Speaker John
Boehner has the votes to pass the Senate compromise tax bill.

The vote will take place Tuesday night and has bipartisan support from the Republican and Democratic caucus.

The Senate bill makes the Bush tax cuts permanent, except for high income earners making over $400,000 a year or couples making $450,000.

Grover Norquist of Americans for Tax Reform has said he supports the
deal, noting its renews 84 percent of the revenue saved by the Bush tax cuts.

If the Republicans would not agree to the compromise bill, all of the Bush
tax cuts would remain expired.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Gizzi: Obama Ignores Rep. Sanford on Ending Cuban Travel Ban

Wednesday, 17 Dec 2014 22:12 PM

The White House never briefed nor gave advance notice to the congressman who first introduced legislation that contained . . .

GOP Blasts Obama Move: 'We Did Not Help the Cuban People'

Wednesday, 17 Dec 2014 21:20 PM

Republicans Wednesday broadly slammed President Barack Obama's plan to resume diplomatic relations with Cuba after more  . . .

Van Susteren: Why Didn't Obama Help Marine Jailed in Mexico?

Wednesday, 17 Dec 2014 20:46 PM

Fox News host Greta Van Susteren says she is mystified that President Barack Obama did not give Andrew Tahmooressi, a Ma . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved