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Senate Republicans Threaten To Filibuster Over Bush Tax Cuts

Samantha Federman |
December 1, 2010 | 2:50 p.m. PST

Staff Reporter

(Creative Commons)
(Creative Commons)
Republicans are threatening to block every Democratic-backed bill in the Senate until a decision is made on the Bush tax cuts and until an extension of current government funding is approved. 

According to officials, all 42 signatures of the Republican senator have been collected in a letter pledging to carry out the strategy.

The letter said, "With little time left in this congressional session, legislative scheduling should be focused on these critical priorities. While there are other items that might ultimately be worthy of the Senate's attention, we cannot agree to prioritize any matters above the critical issues of funding the government and preventing a job-killing tax hike," according to CNN.

If this plan succeeds, it could derail Democratic-backed attempts to stop the Pentagon’s practice of discharging openly homosexual members of the military while also granting legal status to young illegal immigrants who join the military.

Senate Majority Leader Harry Reid made the two measures a main concern as Democrats attempted to ratify legislation long sought by groups that supported them in the recent elections. Senate Democrats need 60 votes to prevail over any delaying tactics.

Former President George W. Bush’s tax cuts will expire at the end of this year if Congress can’t reach a compromise on their extension. The disagreements are over whether the current tax rates should be extended for families earning $250,000 or less per year or for everyone regardless of income. Republicans believe that a stoppage to extend all of the tax cuts would hinder an already slow-moving economy.

President Obama, along with the Democratic congressional leaders, believe that the roughly $700 billion price tag attached to a continuum of the cuts for the wealthiest Americans would be financially reckless.

On Wednesday morning, the Obama Administration began discussios with Reupblicans. Treasury Secretary Timothy Geithner said the talks were “very civil" and said that everyone was brought up and discussed, there were no surprises.

Still, despite the arguments, House Democrats announced their intention to move on with a vote Thursday to permanently extend the breaks only for families earning $250,000 or less.

Reach Reporter Samantha Federman here.



 

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