House Expected to Pass Fiscal Cliff Bill in Late Night Session

Tuesday, 01 Jan 2013 09:07 PM

By Newsmax Wires

Share:
  Comment  |
   Contact Us  |
  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.

Share:
  Comment  |
   Contact Us  |
  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.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

'Humbled' NBC Cameraman Recovers from Ebola

Tuesday, 21 Oct 2014 20:02 PM

A U.S. photojournalist said Tuesday he was grateful to be alive after the hospital treating him declared him now free of . . .

New York Says It’s Ebola-Ready, Health Workers Aren’t So Sure

Tuesday, 21 Oct 2014 18:27 PM

Millicent Gist, a receptionist at Montefiore Medical Center in the Bronx, was surprised to hear her facility was an offi . . .

Former President Clinton Stumps for Quinn, Durbin

Tuesday, 21 Oct 2014 16:45 PM

Former President Bill Clinton became the latest high-profile Democrat to back the re-election bids of Gov. Pat Quinn and . . .

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