Streams

US Senate Passes Tax Cut Package

Wednesday, December 15, 2010

The Senate has passed a $858 billion compromise tax plan by a wide margin. The vote was 81 to 19. Thirteen of those voting against the measure were Democrats, who had fought against an extension of tax breaks for the wealthy.

The bill now goes to the House, where a vote is expected on Thursday.

Speaking on WNYC's Brian Lehrer Show this morning, Brooklyn and Queens Congressman Anthony Weiner said he doesn't like the compromise. But he doesn't think he can prevent its passage.

"I think that sometimes fighting for what you believe in, is a value in and of itself," he said. "Even if you don't get every single thing you want, at least you've defined the issues."

New Jersey Congressman Scott Garrett, a Republican, opposes the deal. He said a two percent reduction to the payroll tax will endanger Social Security. "That will make Social Security even weaker going forward," he said. "So if you're a senior citizen, I'd think you would have a lot of concerns about the president's proposal right there."

The Social Security tax was one of a series of measures President Barack Obama to help the middle class.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by