The U.S. Senate passed President Barack Obama’s tax deal made with Republicans by an 81-19 margin.
The plan extends for two years all Bush-era induvidual tax rates, prevents a spike in taxes on capital gains and dividends and renews long-term jobless insurance, while providing new tax relief for students, working families and businesses.
I’ll be glad not to see taxes get raised, and let “let me be clear” on Obama – he has not cut taxes, he simply avoided raising them. If this deal doesn’t go through (House Democrats hate it so it could get tanked, but not likely) we will see the Congressional Democrat/Obama tax raise. I’d also like to make a point of order as well.
This vote was unconstitutional.
Article 1, Section 7 of the United States Constitution reads, “All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose and concur with Amendments on other Bills.”
Why didn’t President Obama get this ball rolling in the House like the Constitution required? Probably because it would have been dead on arrival. Gee, it’s *so hard* to believe the Constitution was ignored for political expediency.
Update: And here I thought I was making a great point, one of my contributors, Eric Goranson tonight and then “Wildboar” down in the comments below said that the Senate voted on HR 4853 which is a House bill, thereby the Senate vote is constitutional.
I will know grovel and ask my readers to please accept my apology for not having my facts right.
