Senate returns sixty billion to war bill after cuts
The Senate rejected more than twenty billion in House domestic spending within a sixty billion war funding bill for Afghanistan. It would fund the troop surge and war operations while preserving aid for veterans, disaster relief, and foreign aid, with no House-backed jobs grants.
MENTIONED IN THIS ARTICLE
Washington
D.C
Senate
House
Barack Obama
Afghanistan
U.s.-Mexico
Joe Lieberman
White House
Obama
Tennessee
Rhode Island
Iraq
Renewal of Bush tax cuts could be only temporary
The debate over renewing Bush era tax cuts centers on permanence versus temporary extensions. Democrats split on making middle and lower income relief permanent, while Republicans push for all cuts to persist. If temporary, critics warn of future middle class tax hikes and rising federal debt. The plan's price tag ranges from 2.5 to 2.9 trillion dollars over the next decade, depending on which provisions are extended.
MENTIONED IN THIS ARTICLE
Washington, D.C
Barack Obama
Obama
George W. Bush
Rep
Sander Levin
D-Mich
House
Ways and Means Committee
Levin
Bush
Tax Policy Center
Washington
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