Senate Won’t Hold Hearings Before Voting on $858-Billion Obama-GOP-Deal Bill
- Dan Joseph - CNSNews.com
- Dec 10, 2010
(CNSNews.com) - The Senate will not hold hearings to review the 74-page, $858-billion tax-rates-and-unemployment-benefits bill that President Barack Obama negotiated with Republican congressional leaders, a Senate Finance Committee source told CNSNews.com on Friday. The Finance Committee has oversight over tax legislation in the Senate.
Senate Majority Leader Harry Reid is expected to bring the bill to a vote on the Senate floor next week.
The main elements of the bill will extend the current income tax rates past January 1, when they would otherwise rise without legislative action, and extend unemployment benefits for an additional 13 months.
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