U.S. Politics

House Dems reject tax deal unless changed

I guess I saw this coming…


The House Democratic Caucus voted to oppose President Barack Obama’s tax plan, throwing into flux weeks of negotiations on an issue that has turned many congressional Democrats against the White House.

Oregon Rep. Peter DeFazio offered a resolution in a closed Democratic caucus meeting Thursday morning that said Democrats would oppose the bill in its current form. It is a nonbinding measure but illustrates Democratic displeasure with the bill that extends upper-income tax cuts and offers what they consider a generous deal to Republicans on the estate tax

“We have tremendous concerns about what was given away by the White House to Mitch McConnell and the Senate,” DeFazio said after emerging from the meeting in the Capitol basement. McConnell and Vice President Joe Biden were key players in the final round of talks to reach the $900 billion agreement.

“If it’s take it or leave, we’ll leave it,” said Rep. Lloyd Doggett (D-Texas), who helped draft the resolution. Biden told House Democrats on Wednesday that the deal was a “take or leave it” proposition

At one point during the meeting, a chant of “Just say no!” could be heard coming from the closed-door meeting of the Democratic Caucus. Then Rep. Anthony Weiner (D-N.Y.) led the group in a round of “No we can’t.”

While this doesn’t necessarily scuttle the whole tax deal, it is “highly unlikely” that the tax-cut agreement will come to the floor as is, according to senior Democratic aides. A tax compromise could still pass if an overwhelming majority of Republicans voted for it alongside several dozen Democrats
Read more: http://www.politico.com/news/stories/1210/46190.html#ixzz17enA6cAP

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