Despite opposition from some Democrats, the House passed the Middle Class Tax Relief Act of 2010 (H.R. 4853) by a vote of 277-148. It will now go to the President’s desk to be signed into law.
Yesterday, the Senate approved the $858 billion tax plan, by a vote of 81 to 19. The measure (HR 4853), negotiated by President Obama and Senate Republicans, would allow tax cuts for all income levels to continue for two years and extend unemployment insurance benefits for jobless Americans for 13 months.
The Senate will continue debate on the START Treaty tomorrow and consider a short-term continuing resolution to keep the federal government funded past midnight on Saturday.