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Democrats to test Republican mettle with tax-cut vote

from Bloomberg Businessweek

Congressional Democrats are ready to test Republican resolve on taxes this week by forcing showdown votes on their proposal to extend middle-class tax cuts. U.S. House Speaker Nancy Pelosi will schedule a vote this week on legislation that would retain lower tax rates and increased credits that apply to the first $250,000 of a married couple's gross income or $200,000 for a single person, said her assistant, Maryland Democrat Chris Van Hollen. more


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