Tax cuts have, historically, required both political and economic maneuvering. (Truthout.org/flickr)
The White House/GOP deal to extend both the across-the-board Bush-era tax cuts and unemployment benefits passed the Senate yesterday. Next stop: the House of Representatives. But unlike the Senate, the House's members on both sides are further out on the fringes, making a "yea" vote for the deal more difficult to garner. Takeaway Washington correspondent Todd Zwillich joins us to look ahead at the wrangling to come.
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Comments [1]
so the President and the Democrats in the Senate sold out to billionaires and the wimps in the House are next. Whatever happened to the teabaggers and social "conservatives" , the 1.3 trillion dollar deficit, the 14 trillion dollar national debt, the 420 billion annual interest payments will shoot up with the additional 1 trillion dollars we will be owing China. And how many jobs will be created?
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