To the Point
The Tax Battle Isn't Over
House Democrats today voted to block debate on the trade of tax cuts for unemployment benefits that the President worked out with Republicans. Vice President Biden reportedly calls it a "take or leave it" deal, but party liberals insist the Administration gave too much and got too little.
House Democrats today voted to block debate on the trade of tax cuts for unemployment benefits that the President worked out with Republicans. Vice President Biden reportedly calls it a "take or leave it" deal, but party liberals insist the Administration gave too much and got too little. Others say it's really a second stimulus -- even bigger than Stimulus One -- that will boost the economy in time for the next election. With two-thirds of Americans in favor of its major provisions, would it be Obama's demise or salvation? What are its chances of passing?