Saturday, 18 February 2012

Democratic President Barack Obama-Bitter Tax Battle-John Boehner

Congress ends bitter tax battle with bill passage

WASHINGTON (Reuters) - Congress ended a three-month battle on Friday by passing legislation to extend a tax cut for 160 million workers, a boon for both the economy and Democratic President Barack Obama in this election year. The outcome for Republicans and House of Representatives Speaker John Boehner is far more murky. While Boehner has put behind him a bill that has been nothing but political heartache, nearly 40 percent of his rank-and-file voted against the measure he advanced by compromising on a core Republican cause - deficit reduction. ... read more..

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