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Tax Cut on Hold?


Posted: Dec 16, 2010

Seems l.ike there's a problem. It was breaking news on the one channel but I couldn't get the details. Watch for news on this.

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Here's the Story So Far - Backwards Typist

[ In Reply To ..]

The massive tax cut package that passed the Senate Wednesday has suddenly gotten held up on the House side as representatives squabble over procedural issues. 


The House was originally expected to debate and vote on the tax cut package as early as Thursday afternoon, albeit with some potential changes. The plan was to first hold a vote on an alternative proposal that would raise the estate tax above what Republicans want. If that failed, the House was scheduled to vote instead on the Senate-passed bill. 


But before any of that could happen, the so-called "rule" -- the legislative device that has to be approved before a bill can come to the floor -- was pulled. 


The rule would have allowed for three hours of debate and a vote on the estate-tax alternative. The fact that it was pulled suggests the House does not have the votes to pass it, even though the chamber may have the votes to pass one of the tax packages. 


As a result, the tax cut package is stuck in limbo as the procedural wonks figure out what to do next. 


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