Tags: Tax | Cuts | durbin | christmas

Sen. Dick Durbin Sees Tax Cuts by Christmas

Tuesday, 14 Dec 2010 07:38 AM

The No. 2 Senate Democrat says he believes the overwhelming margin by which the Senate advanced legislation maintaining Bush era tax cuts means the legislation finally will clear Congress, likely by Christmas.

Assistant Democratic Leader Dick Durbin of Illinois tells CBS' "The Early Show" that the 83-15 tally by which the measure cleared a major procedural vote will help facilitate its passage in the House as well, where Democratic opposition has been more fierce.

Durbin said "I think the House takes notice" of a lopsided Senate vote and predicted the bill would be "done by Christmas." Durbin also said he understands opposition to the bill from liberal Democrats outraged over substantial relief given the wealthy in estate tax provisions. He said, "In the spirit of the season, it does say 'God Bless Tiny Tim and Donald Trump.'"

President Barack Obama has pleaded with Congress to clear the legislation after he worked out a compromise with Republicans, saying its badly needed to give a boost to middle class taxpayers and the economy.

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