Thursday, August 2, 2012

Economy - Voice of America: US House Approves Extension of All Bush-Era Tax Cuts

Economy - Voice of America
economy-and-business
US House Approves Extension of All Bush-Era Tax Cuts
Aug 2nd 2012, 19:02

WASHINGTON, D.C. —The Republican-controlled U.S. House of Representatives has approved legislation that will preserve tax cuts for all Americans regardless of income, setting up an election-year standoff with President Barack Obama and Senate Democrats. The measure approved Wednesday by a vote of 256-171 would extend the breaks passed during the tenure of former President George W. Bush. The vote was split largely along party lines, with only 19 Democrats voting for the bill, and one ...

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