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Revolt Against Reid Stalls Tax Extenders Bill in Senate

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“Senate Republicans angered by the refusal of Majority Leader Harry Reid, D-Nev., to allow amendments to an $85-billion tax extenders bill (HR 3474), blocked the advance of the measure on May 15. By a vote of 53-40, all GOP members except one, stood united in protesting Reid’s attempt to push the bill through the Senate without an amendment process. A majority of 60 votes was required to end debate on the package and allow an eventual vote on final passage.

 

The Republican move stopped the bill in its tracks even though many, if not most of them, support the bill. “We have a tax bill here that members from both sides want to improve and support. Yet, we don’t get a chance to amend it,” Senate Minority Leader Mitch McConnell, R-Ky., said prior to the vote. “[Democrats] have turned the Senate into a graveyard of good ideas and good democratic debate.”

 

Sen. Charles E. Grassley, R-Iowa, said prior to the vote that the extension of some 55 tax breaks is long overdue, but he too voted against the bill as a sign of solidarity. “I’m glad that the Senate is finally getting serious about passing tax extenders this year,” said Grassley just hours earlier. “Congress has put off the extension of expired tax provisions until the last minute all too frequently.”

 

In a May 14 speech on the Senate floor, Finance Committee ranking member Orrin Hatch, R-Utah, called on Senate leadership to allow amendments to be considered for the EXPIRE Act (Sen 2260), which was passed by a bipartisan vote in the Finance Committee. “While I’m satisfied with the way the Finance Committee handled the tax extenders package, the vast majority of senators do not serve on the Finance Committee. That being the case, most senators have not had a chance to fully debate these tax provisions or offer amendments of their own. They deserve that opportunity,” said Hatch.

 

Reid changed his vote to “no” at the last minute, which under Senate rules allows him to bring the bill to the floor again. The bill would extend some 55 tax provisions covering home ownership, charitable giving, education, business research, depreciation, energy, and corporate taxation, including international taxation of business.”

 

Credit: http://goo.gl/av1oVE

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