Bush Tax Credit

Politics
2:18 pm
Wed July 25, 2012

McConnell Calls Democrats Bluff, Drops Filibuster on Bush Tax Cuts

Originally published on Wed July 25, 2012 5:09 pm

In a surprise move, Senate Minority Leader Mitch McConnell, R-Ky., challenged Democrats to vote on a bill to end the Bush era tax cuts for wealthier Americans.

For the past week Senate Democrats have been pushing a bill similar to President Obama's plan to extend the tax relief for income only up to $250,000 annually. Senate Majority Leader Harry Reid promised he had enough votes to pass the 50-vote threshold if not for McConnell blocking a procedural vote with a filibuster.

Speaking on the Senate floor, McConnell says the tax hike will hurt job creators, but that he is lifting the filibuster so the American people can see where lawmakers stand.

"The only way to force people to take a stand is to make sure that today’s votes truly count. By setting these votes at a 50-vote threshold, nobody on the other side can hide behind a procedural vote while leaving their views on the actual bill itself a mystery to the people who sent them here," he says.

Read more