Who knows what happens today – but maybe it’ll pass as a bipartisan measure, without any Tea Party Caucus support.
So in effect it ended on taxing the rich after all… for now.
The Senate spent the first few hours of the New Year ironing out the final details of a plan to roll back a package of automatic spending cuts and tax increases that technically went into effect at midnight.
The vote was 89-8 in favor of the compromise, which now goes to the House for a final vote as soon as Tuesday.
President Obama, speaking shortly after the Senate vote said that “while neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do four our country.” He urged the House to “pass it without delay.” (..)