Subscribe
NewsOne Featured Video
CLOSE

Washington — Senate Republicans and a handful of Democrats Saturday defeated a bill to reauthorize unemployment benefits for the long-term jobless and a plethora of tax provisions for the middle class not because of the bill’s trillion-dollar deficit impact, but because it did not include tax cuts for the rich.

“In economic times like these, 9.8 percent unemployment, you should not raise taxes on anyone,” Sen. John Barrasso (R-Wyo.) told HuffPost.

Two bills were defeated. By a vote of 53-63, the Senate rejected a bill by Sen. Max Baucus (D-Mont.) that would have preserved Bush era tax cuts for lower- and middle-income taxpayers, but would have allowed cuts for people earning more than $200,000 a year to expire. Four Democrats and Joe Lieberman (I-Conn.) joined Republicans in voting against the measure. The Senate also rejected a bill by Sen. Chuck Schumer (D-N.Y.) that would have extended all the cuts, but not for anybody making more than $1 million.

Read more at HuffPo