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Senate Rejects Tax Hike, Expect To Vote On DREAM Act Next Week

us-senate-buildingBy J. Taylor Rushing
TheHill.com
 
“Sen. Reid is going to call it,” Durbin told The Hill shortly after the chamber adjourned at 3:30 p.m. Friday. Two procedural votes are scheduled for Saturday morning on competing plans to address the 2001 and 2003 tax cuts.

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The legislation would provide legal residence to the children of immigrants who were brought into the country during their youth if they attend college or join the military. House leaders said this week they expect a vote in the lower chamber next week.

Durbin demurred when asked whether he has the votes.

“I’m working on it, talking to members,” he said.

 Read More – http://thehill.com/homenews/senate/131993-senate-shoots-down-limited-tax-cut-extension-in-saturday-session

United Senate Republicans joined a small handful of Democrats on Saturday to defeat a pair of proposals to extend some of the 2001 and 2003 tax cuts signed into law by President George W. Bush.

Voting nearly identically, the Senate twice failed to meet a 60-vote threshold necessary to move forward on both proposals. Meeting in a rare Saturday session after agreements fell through for a Friday vote, the results were widely expected. They were also somewhat premature, as the White House is still negotiating with congressional leaders on an alternative compromise proposal.

The first proposal by Finance Committee Chairman Max Baucus (D-Mont.) would have extended the cuts only for individuals with incomes of up to $200,000 and families with incomes of up to $250,000. That failed by a vote of 53-36, with all GOP senators in opposition as well as Democrats Russ Feingold (Wis.), Joe Manchin (W.V.), Ben Nelson (Neb.) and Jim Webb (Va.) and Independent Joe Lieberman (Conn.).

The second proposal by Sen. Charles Schumer (D-N.Y.) would have extended the 2001 and 2003 tax cuts permanently for incomes of up to $1 million, among other provisions such as a one-year extension of unemployment benefits and cuts in capital gains, estate and dividend taxes. That failed, 53-37, with Sen. Tom Harkin (D-Iowa), Dick Durbin (D-Ill.) and Jay Rockefeller (D-W.Va.)  joining the ‘no’ votes.

Meanwhile, 

Majority Whip Dick Durbin (D-Ill.) on Friday predicted a Senate vote on the DREAM Act will be held next week.

Tom Tillison

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