1-year doc fix bill could face GOP roadblock in Senate

by: Charles Fiegl Dec 1, 2010

Any Medicare pay fix bill sent to the Senate would take a back seat to certain tax issues affecting all taxpayers and government spending.

Senate Minority Leader Mitch McConnell (R-Ky.) placed a letter in the Senate record Wednesday that states expiring tax cuts need to be the top priority. Republicans will block other bills until "the Senate has acted to fund the government and we have prevented the tax increase that is currently awaiting all American taxpayers." The letter is signed by all 42 members of the Republican caucus.

"Without Congressional action by December 31, all American taxpayers will be hit by an increase in their individual income-tax rates and investment income through the capital gains and dividend rates," the letter says. "If Congress were to adopt the President's tax proposal to prevent the tax increase for only some Americans, small businesses would be targeted with a job-killing tax increase at the worst possible time."

To comment, login here.

Login

User Name:
Password:
Remember me Forgot password
Welcome to the new Part B News Online. If you are a returning user having trouble logging in, please click here.