House Democrats To Pass Tax Deal

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WASHINGTON (GaeaTimes.com) — The highly contested Bush era tax extension bills cleared the Senate 81-19 on Wednesday. It have been indicated by two leading House Democrats that Thursday the House of Representatives is set to approve the controversial $858 billion tax deal largely negotiated by the White House and top Senate Republicans.

Reportedly, Obama has strongly praised the Senate vote earlier and also asked the House of Representatives to quickly approve the bill.

The Senate vote is “a win for American families, American businesses, and our economic recovery,” Obama said in a written statement. “As this bill moves to the House … I hope that members from both parties can come together in a spirit of common purpose to protect American families and our economy as a whole by passing this essential economic package.”

Courtesy — CNN