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| September 9, 2010 |
Democrats in disarray
Posted by Staff |
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The Wall Street Journal reports:
Growing reservations among Democrats about letting tax rates rise for wealthy Americans are making it more unlikely that Congress will decide what to do about the looming expiration of Bush-era tax cuts before November's election.
emocratic leaders are set to return to Washington on Monday determined to send a populist message with a bill that lets the tax cuts expire for couples making $250,000 or more, while renewing them for people who earn less. Republicans want to extend the tax cuts for everyone.
Rank-and-file Democrats, however, are split. Earlier this summer, four members of the Senate Democratic caucus expressed concern about letting the rates for upper-income Americans rise to previous levels-independent Joseph Lieberman of Connecticut, and Democrats Ben Nelson of Nebraska, Kent Conrad of North Dakota and Evan Bayh of Indiana.
Since then, an increasing number of House Democrats have joined their ranks, including many of the House's 54 conservative "Blue Dog" Democrats. |
| 09/9/10 2:06 PM |
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